Overview

• Doraiswamy is the first executive to occupy the combined CEO & MD position for a full term under the 2021 LIC Act amendment.
• He formally assumed charge on July 14, 2025, with a tenure set for three years or until he turns 62 on August 28, 2028.
• His appointment follows a Financial Services Institutions Bureau review that shortlisted candidates and recommended his selection.
• A 38-year LIC veteran, he most recently served as Managing Director of the Southern Zone and held key roles in operations, marketing and IT.
• Aligned with SEBI norms for listed entities, he will receive a Level 17 pay scale salary of Rs 2,25,000 per month.