LIC Housing Finance Limited Approves Change in Senior Management Personnel
LIC Housing Finance Limited announced on April 10, 2026, that its Board of Directors approved changes in the company's Senior Management Personnel (SMP). The board's decision was based on the recommendation of the Nomination and Remuneration Committee.The specific update involves the appointment of Shri Sanjay Dayal as Chief Operating Officer.
Shri Dayal's profile indicates he was born on July 15, 1969, in Srinagar, and hails from Shimla, Himachal Pradesh. He possesses an MBA in Finance and a Ph.D. in Psychology. He is proficient in Punjabi, Hindi, and English.
His professional career began at Punjab National Bank, followed by a tenure at Life Insurance Corporation of India starting in 1992. Over more than three decades with the organization, he has assumed numerous leadership positions spanning operations, investments, credit, and administration.
Shri Dayal has previously served as General Manager (Credit Appraisal) at UC Housing Finance Limited and as Deputy General Manager at UCPension Fund. His experience also includes a deputation to the National Insurance Academy. His field experience covers leading the Goa Division of UC as Senior Divisional Manager for three years, in addition to leading various branch offices in Surat, Dehradun, and Mumbai in different managerial capacities. Internationally, Shri Dayal was posted as General Manager-in-Charge of Fiji Operations for three years, a period during which the operations received the Business Excellence Award (2017) from the Honourable President of Fiji. He brings extensive expertise in investment management, having spent over 11 years within LIC's investment function, holding roles such as Chief Equity Dealer and Fund Manager.
The company stated that with a strong blend of strategic leadership and domain expertise, Shri Dayal contributes significant value to LIC Housing Finance Limited in his role as Chief Operating Officer.
LICHSGFIN Stock Price Movement
Shares of LIC Housing Finance Limited today slipped by 0.07% to settle at ₹531.65. The stock moved on a total volume of 1.01 million shares during the trading session.Source:
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