Mumbai — Life Insurance Corporation of India (LIC) has informed stock exchanges of a change in its senior management team following a new appointment at its Zonal Training Centre in Jamshedpur.
In a regulatory filing submitted to BSE Limited and the National Stock Exchange of India Ltd., the insurer announced that Smt. Neelam Kujur has ceased to hold the position of Senior Management Personnel (SMP) with effect from April 20, 2026.
The development follows the appointment of Manoj Kumar Panda as Director of the Zonal Training Centre in Jamshedpur. According to LIC, the cessation of Neelam Kujur’s role is part of an organizational transition linked to the leadership change at the training center.
The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely reporting of material events and management changes by listed entities. LIC confirmed that the filing has been duly submitted to both exchanges and made available on its official website for stakeholders and investors.
As India’s largest life insurer, LIC plays a critical role in the country’s financial services sector. The corporation routinely issues regulatory disclosures to maintain transparency regarding governance, leadership updates, and operational developments.
The latest management change reflects ongoing internal realignments within LIC’s organizational structure, particularly in its training and leadership development framework.