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Sidharth Mohanty to be MD of LIC

20/01/2021 at 12:28 PM

Bhubaneswar, Jan 20: Another glory to Odisha. A few days after Odia Lieutenant General Chandi Prasad Mohanty became a finalist  as Vice Chief of Indian Army,another Odia Officer Sidharth Mohanty is going to be the Managing Director of Life Insurance Corporation of India.

Before this assignment, Mohanty was holding the post of MD&CEO of LIC’s Housing Finance wing.

He will take over his new responsibility from February 1.He will replace the present MD T.C  Sushil Kumar who retires from service. Sidharth’s new appointment proposal was recommended by Financial Service Department and okayed  by the Cabinet’s Employment Committee.

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