Siddhartha Mohanty (63) was appointed as a Non-Executive Director on the Board of ITC effective January 1, 2025. He is a representative of the Life Insurance Corporation of India (‘LIC’).
Mohanty is a Post Graduate in Political Science with a Bachelors Degree in Law from Utkal University, Bhubaneswar, and has also completed Post Graduate Certification in Business Management from XIM, Bhubaneswar. He is currently a Practising Advocate at the Supreme Court of India.
Mohanty joined LIC as a Direct Recruit Officer in 1985 and retired as its Chief Executive Officer & Managing Director in June 2025. During his career at LIC spanning nearly four decades, he 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 (Back Office), Executive Director (Legal) and Chief Executive Officer & Managing Director of LIC Housing Finance Limited. He was also designated as the Chairperson of LIC from April 2023 to June 2024. He has been on the Boards of LIC Cards Services Limited, LIC Mutual Fund Asset Management Limited and LIC Pension Fund Limited, amongst others.
Other Directorships and Positions
| Name of the entity | Position |
|---|---|
| Larsen & Toubro Limited | Non-Executive Director |
| Elites Law Team LLP | Designated Partner and Managing Partner |