BC Patnaik takes charge as MD of LIC

BC Patnaik has taken charge as Managing Director of Life Insurance Corporation of India. He was appointed as Managing Director vide a government notification dated July 5, 2021, LIC said in a statement. Prior to taking charge as Managing Director of LIC, Patnaik was Secretary-General, Council for Insurance Ombudsmen, (CIO) Mumbai. He joined LIC of India in March 1986 as a Direct Recruit Officer.