DK Mehrotra takes over as LIC chairman

Mr D.K. Mehrotra took charge as Chairman of the Life Insurance Corporation of India on Thursday.

He headed the corporation as Current-in-charge Chairman during the last year.

Mr Mehrotra joined Life Insurance Corporation of India as a Direct Recruit Officer in Jamshedpur Division in 1977. He has been the Managing Director of LIC since 2005. He has held important portfolios such as Investment, Personnel, Information Technology, Actuarial, Engineering, International Operations, Corporate Communications etc. LIC’s market share in premium stands at 71.36 per cent and 80.90 per cent in policies.