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LIC appoints Sunil Agrawal as new CFO

Category : Appointment/Resignation
Published on: March 05 2022 Share on facebook

  • 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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