Siddhartha Mohanty (61) was appointed as a Non-Executive Director on the Board of ITC effective January 1, 2025, as a representative of the Life Insurance Corporation of India ('LIC').

Mohanty is the Chief Executive Officer and Managing Director of LIC. He is a Post Graduate in Political Science with a Bachelors Degree in Law and Post Graduate Certification in Business Management.

In an illustrious career at LIC spanning nearly four decades, Mohanty has gained multi-dimensional experience across all domains of life insurance covering marketing, human resources, legal and investments. He has held various important positions in LIC, including tenures as Senior Divisional Manager in-charge of Raipur and Cuttack Divisions, Regional Head of a marketing vertical in the Western Zone, Chief of Investments (Monitoring), Executive Director (Legal), and CEO & Managing Director of LIC Housing Finance Limited. He was also designated as the Chairperson of LIC from April, 2023 to June, 2024.

Mohanty presently is the Chairperson of the Council for Insurance Ombudsmen, President of the Insurance Institute of India, Chairman of the Governing Board of the National Insurance Academy, Pune, Chairman of the Executive Committee of the Life Insurance Council, and a Council Member of the Institute of Actuaries of India.

Other Directorships