LIC appoints Sunil Agrawal as new CFO

Category : Appointment/Resignation Published on: March 05 2022

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Sunil Agrawal has been appointed as the chief financial officer (CFO) of the Life Insurance Corporation (LIC).
Prior to this, Agrawal was the CFO of Reliance Nippon Life Insurance for over 12 years.
This is the first time that LIC has appointed an outsider as CFO.
Prior to this, LIC executive director Shubhangi Sanjay Soman was holding charge as CFO of the insurance behemoth.
He was also associated with ICICI Prudential Life Insurance for 5 years.
The appointment will be for a period of three years or the candidate attaining 63 years of age, whichever is earlier.

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