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LIC Mutual Fund Appoints Ashis Kumar as New MD and CEO
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Moneycontrol•29-09-2026, 14:47
LIC Mutual Fund Appoints Ashis Kumar as New MD and CEO
- •LIC Mutual Fund announced the appointment of Ashis Kumar as its Managing Director and Chief Executive Officer, effective September 26.
- •Kumar brings over three decades of experience in investments, business operations, distribution, marketing, and enterprise leadership.
- •Before this appointment, he served as the Chief Operating Officer of LIC Mutual Fund.
- •He has also held senior leadership positions at LIC, including Chief (Investment) and Secretary (Investment).
- •Kumar aims to focus on consistent investment outcomes, strengthening product and distribution, enhancing investor experience, and leveraging technology.
Key Questions Answered
Ashis Kumar has been appointed as the Managing Director and Chief Executive Officer of LIC Mutual Fund, effective September 26.
Before his appointment as MD and CEO, Ashis Kumar served as the Chief Operating Officer of LIC Mutual Fund.
Kumar has held several senior leadership positions at LIC, including Chief (Investment) and Secretary (Investment) at the corporation's central office, backed by over three decades of experience.
