LIC Appoints Key Personnel as Chief Compliance Officer and Executive Director
Life Insurance Corporation of India has appointed Shri Jayasimhan Madabhushi Matam Tirumala as Chief Compliance Officer, solidifying his role as an Executive Director (Board & Secretarial/Regulatory Compliance). The designation change took effect on June 24, 2026.The appointment and re-designation were approved by the Board of Directors of the Corporation. Shri Jayasimhan Madabhushi Matam Tirumala is appointed as Key Managerial Personnel in this capacity.
As per the details provided, his role at LIC signifies a continued commitment to compliance and corporate management within the organization. His appointment is effective from June 24, 2026, and holds until the date of Superannuation or until further orders are issued.
Profile of Chief Compliance Officer
The following table outlines key details regarding Shri Jayasimhan Madabhushi Matam Tirumala:| Particulars | Detail |
|---|---|
| Reason for Change | Appointment as Chief Compliance Officer, Key Managerial Personnel. |
| Date of Appointment | June 24, 2026 |
| Term of Appointment | Up to the date of Superannuation or till further order, whichever is earlier. |
| Profile Summary | Shri Jayasimhan Madabhushi Matam Tirumala joined LIC in 1992 as an Assistant Administrative Officer. He holds a Bachelor's Degree in Science from S.V. University, Tirupati and a Post Graduate Diploma in Industrial Relations & Personnel Management. He is also a Fellow of the Insurance Institute of India. |
Prior to taking charge as Executive Director (Board & Secretarial/Regulatory Compliance) & Chief Compliance Officer, Shri Jayasimhan Madabhushi Matam Tirumala was serving as Executive Director (Board & Secretarial/Regulatory Compliance). His career at LIC includes extensive experience across various managerial and administrative roles. He has served in several capacities including Secretary (Marketing) and Secretary (Pension & Group Schemes) within the South Central Zone, Branch Manager and Senior Branch Manager in various offices of the Corporation, and Regional Manager (Marketing - Chief Life Insurance Advisor) for the State of Karnataka. He previously held the role of Chief (In-charge), Board & Secretarial Department at the Central Office, Mumbai.
LICI Stock Price Movement
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