LIC Housing Finance Appoints Sandeep Kumar as MD & CEO

LIC Housing Finance Limited announced the appointment of Shri Sandeep Kumar (DIN 11239285) as Additional Director, Managing Director & Chief Executive Officer (CEO) of the Company. This appointment was approved by the Board of Directors in their meeting held on August 28, 2026, following recommendations from the Nomination & Remuneration Committee.

Shri Sandeep Kumar's tenure as MD & CEO will be effective from August 29, 2026, and he will serve for a maximum period of up to 5 years, or until he remains deputed as a nominee director of LIC of India. He will not be liable to retire by rotation. The appointment is subject to the approval of the shareholders, which needs to be obtained within three months from the date of appointment, in accordance with SEBI (LODR) Regulations, 2015.

Shri Sandeep Kumar has confirmed that he meets the Fit & Proper Criteria of NHB for the appointment of Directors and is not debarred from holding the office of director by any SEBI order or other authority. He holds a Master's degree in Mathematics from the University of Delhi and has over three decades of experience with LIC of India, holding various key positions in marketing and administrative functions. Prior to this appointment, he was the Director & CEO of LIC HFL Financial Services Limited.