LIC Housing Finance Limited Announces Changes in Senior Management Personnel
LIC Housing Finance Limited announced several changes to its senior management team on March 25, 2026. The changes were made on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors.J. Sangameswar’s tenure as Chief Risk Officer has been extended until April 30, 2028. Jimit Narendra Shah has been appointed as Chief Information Security Officer (CISO), effective April 10, 2026.
J. Sangameswar – Chief Risk Officer
Mr. Sangameswar brings over three decades of experience in risk management, credit appraisal, and operations within the housing finance sector. He is responsible for overseeing the company's risk management function, focusing on building a resilient and sustainable risk culture. He is an Associate Member of the Institute of Cost Accountants of India and holds a Master’s degree in Commerce from Osmania University, along with an Applied Finance program from the Indian Institute of Management, Calcutta.Jimit Narendra Shah – Chief Information Security Officer (CISO)
Mr. Shah is an experienced Cyber Security leader with over 15 years of expertise in Governance, Risk, and Compliance. He previously served as Chief Information Security Officer at Aditya Birla Housing Finance Ltd. He holds an MBA in Information Systems and ISO 27001 Lead Auditor certification.Details of Senior Management Changes
| Reason for change | Name | Designation | Date of Appointment |
|---|---|---|---|
| Extension of Tenure | J. Sangameswar | Chief Risk Officer | May 09, 2026 – April 30, 2028 |
| Appointment | Jimit Narendra Shah | Chief Information Security Officer | April 10, 2026 |
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