Life Insurance Corporation of India (LIC) on Monday said, the government has appointed R Doraiswamy as Managing Director of the company. Doraiswamy is currently the Executive Director at the central office in Mumbai.

"He has been appointed as managing director of LIC in place of Ipe Mini with effect from the date of assumption of charge of the office on or after September 1, 2023, and up to the date of his superannuation on August 31, 2026, or until further orders, whichever is earlier", a regulatory filing said.