Stories
Major Management Changes at DIC India, Bata India, and LIC Announced After Market Close
C
CNBC Awaaz•30-09-2026, 20:24
Major Management Changes at DIC India, Bata India, and LIC Announced After Market Close
- •DIC India has appointed Hayato Kashiwagi as its Managing Director, effective September 1, 2026, for a 3-year term.
- •Bata India has appointed Sanjay S. Rao as Managing Director & CEO, effective October 1, 2026.
- •Shatmanyu Srivastava, CFO of Life Insurance Corporation of India (LIC), will retire on September 30, 2026.
- •Four other senior management officers at LIC, including Rashmi Bhatnagar, Vandana Sinha, Surendra Singh Chaplot, and Vivek Paul, will also superannuate on September 30, 2026.
Key Questions Answered
DIC India has appointed Hayato Kashiwagi as its new Managing Director for a term of 3 years, effective from September 1, 2026.
Sanjay S. Rao's appointment as the Managing Director and Chief Executive Officer (MD & CEO) of Bata India becomes effective starting October 1, 2026.
Shatmanyu Srivastava, the Chief Financial Officer of Life Insurance Corporation of India (LIC), will retire due to superannuation after office hours on September 30, 2026.
