Ratnakar Patnaik appointed as new Chief Investment Officer of LIC

Ratnakar Patnaik appointed as new Chief Investment Officer of LIC

Daily Current Affairs   /   Ratnakar Patnaik appointed as new Chief Investment Officer of LIC

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Category : Appointment/Resignation Published on: April 15 2023

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  • Life Insurance Corporation of India (LIC) has appointed Ratnakar Patnaik as the Chief Investment Officer.
  • Patnaik will replace PR Mishra, who ceased to be the CIO on April 10. 
  • It also appointed PC Paikray as the Chief Risk Officer, who replaced Tablesh Pandey on April 10.
  • Patnaik is an industry veteran and has an experience of 32 years.
  • Patnaik had joined LIC as a Direct Recruit Officer in September 1990.
  • The newly-appointed CIO has worked across four zones, mostly in marketing assignments. 
  • He headed the Indore and Jamshedpur divisions as Senior Divisional Manager and served as a Regional Manager in the Eastern zone for three years.
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