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

Change Language English Hindi

Category : Appointment/Resignation Published on: April 15 2023

Share on facebook
  • 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.
Recent Post's
  • NHB launched Gruh Sugam Portal on March 26, 2026 to provide easy online home loans to defence, paramilitary and government personnel without visiting banks.

    Read More....
  • The US Treasury announced new currency notes bearing President Donald Trump’s signature will be introduced from June 2026, the first time a sitting president’s signature appears on American money.

    Read More....
  • DPIIT signed an MoU with KRAFTON India to boost startups in online gaming, esports, digital entertainment and AI technologies through mentorship, hackathons and innovation challenges.

    Read More....
  • Former Google executive Matt Brittin was appointed as the new Director-General of BBC, effective from May 18, 2026.

    Read More....
  • The Rajasthan government launched the Industrial Park Promotion Policy 2026 to attract investment, create jobs and develop world-class industrial parks with green incentives.

    Read More....
  • Indian Railways approved ₹1,236 crore projects to expand optical fibre network and deploy indigenous Kavach train protection system for enhanced safety and communication.

    Read More....
  • Veteran Telugu actor Nandamuri Balakrishna received Lifetime Achievement Award at International Film Festival of Delhi (IFFD) 2026 for his five-decade contribution to cinema.

    Read More....
  • IIM Kozhikode entered the global top 100 in QS World University Rankings by Subject 2026 for the first time, highlighting India’s rising academic strength.

    Read More....
  • The Ministry of Road Transport and Highways launched PRISM-SG Portal to fast-track approvals and inspections for Road Over Bridges and steel girder fabrication.

    Read More....
  • Veteran Malayalam actor and director E.A. Rajendran passed away at the age of 71 in Kollam after prolonged illness.

    Read More....