LIC Housing Finance Limited Announces Changes in Senior Management Personnel

LIC Housing Finance Limited Announces Changes in Senior Management Personnel​

LIC Housing Finance Limited has announced several appointments and changes among its Senior Management Personnel (SMP). The appointments were formalized on April 24, 2026, involving four key executives joining various roles within the organization.

The changes include the appointment of Ms. Taruna Malick as General Manager (Marketing- Retail, Lead Management and PR & Publicity), Mr. Vikas Chaturvedi as General Manager (HR, Staff Discipline and Legal), Mr. Sudipto Sil as General Manager (Project Finance - Marketing), and Ms. Aruna Doke as Joint General Manager (Audit).

Overview of Appointments​

Professional Profiles of New Appointees​

Ms. Taruna Malick
Ms. Taruna Malick brings over 30 years of experience in the life insurance industry, having served in leadership roles at the Life Insurance Corporation of India (LIC). She holds a Post Graduate Diploma in Business Management and a Bachelor's degree in Computer Science from the University of Delhi, along with Licentiate and Associate certifications from the Insurance Institute. Her career included stints as Manager, Administrative Officer, and AAO across critical operational functions such as New Business, Claims, and Policy Servicing. She also served as Manager (Personnel) for five years in Bhopal and Delhi and was Senior Divisional Manager (SDM) In-charge of Rohtak Division for three years.

Mr. Vikas Chaturvedi
Mr. Vikas Chaturvedi joined LIC of India as a Direct recruit officer in 1997. He has experience working in both Administrative and Marketing verticals, both individual and group. His qualifications include a B.Sc, PGDBM, and he is a Fellow of the Insurance Institute of India.

Mr. Sudipto Sil
Mr. Sudipto Sil has 29 years of total experience, with 29 years of work experience at LICHFL. His academic background includes a B.Com (Hons) from St Xavier's College Kolkata and a Master of Financial Management from Jamnalal Bajaj Institute of Management Studies. His key professional certifications include Chartered Accountancy. As SDRM, WRO, his major achievements include achieving a disbursement of Rs 3500 crore in retail and sourcing more than Rs 2000 crore on the wholesale side. He has also been involved in major corporate actions, including an ECB of USD 200 mn and fundraising through bond markets over Rs 1.7 lakh crore.

Ms. Aruna Doke
Ms. Aruna Doke has 27 years of total experience, with 26 years at LICHFL. She is educated with a B.Sc in Statistics and completed a 3-year Software Development course from NIIT, achieving Microsoft certified Software Developer status. She joined LICHFL on October 1, 1999. Her key functions have included leading the implementation of digital payment systems such as NEFT and RTGS, managing the deployment and enhancement of enterprise accounting systems like ORION and SAP, and leading the GST implementation. Her major achievements include implementing a Bank Reconciliation application with 99% auto-reconciliation, streamlining onboarding deposit workflows, and leading digital transformation through multiple online platforms, such as the Online Home Loan Application and Customer Portal.

LICHSGFIN Stock Price Movement​

As of 12:07 PM, shares of LIC Housing Finance Limited are slipping by 1.89% in live trading, currently sitting at ₹535.25. The stock is facing heavy selling pressure, underscored by a volume of 549,000 shares traded so far in the session.