New Delhi: Life Insurance Corporation of India (LIC) has re-designated Madhu V. S. as Additional Director, Management Development Centre, Mumbai, with effect from August 17, 2026.
Following the re-designation, Madhu V. S. will fall under the definition of Senior Management Personnel (SMP) of the Corporation.
LIC Announces Key Management Re-Designation
The change marks a new assignment for Madhu V. S., who was earlier serving as General Manager (Life) in Nairobi, Kenya.
LIC has disclosed the re-designation to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details
- Name: Madhu V. S.
- New designation: Additional Director, Management Development Centre, Mumbai
- Effective date: August 17, 2026
- Previous role: General Manager (Life), Nairobi, Kenya
- New status: Senior Management Personnel (SMP)
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Madhu V. S. Brings 34 Years of LIC Experience
Madhu V. S. joined LIC in 1992 as an Assistant Administrative Officer. He holds a B.Sc. degree and is a Fellow of the Insurance Institute of India.
During his 34-year career with LIC, he has handled various administrative and marketing responsibilities across offices in the South Zone and South Central Zone.
His experience also includes an international assignment as Resident Manager of Gulf Insurance Agencies in Oman.
Earlier Served as General Manager in Nairobi
Before taking up the new assignment, Madhu V. S. served as General Manager (Life) in Nairobi, Kenya, a position he had held since June 2023.
His experience across domestic and international assignments has given him exposure to multiple areas of LIC’s operations, including administration, marketing and life insurance business.
Re-Designation Places Him Under Senior Management Personnel
With effect from August 17, 2026, Madhu V. S.’s new position as Additional Director at LIC’s Management Development Centre, Mumbai places him within the Corporation’s Senior Management Personnel framework.
The appointment adds to the leadership resources at the Management Development Centre, which is involved in developing managerial capabilities within the organisation.
About Life Insurance Corporation of India
Life Insurance Corporation of India (LIC) is India’s largest life insurance company and a leading public-sector financial institution. Established in 1956, LIC provides a wide range of life insurance and investment-linked products and has an extensive network serving policyholders across India.
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