Life Insurance Corporation of India Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Siddhartha Mohanty
Chief executive officer
₹8.3m
Total compensation
| CEO salary percentage | 42.2% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce
Feb 12
Does Life Insurance Corporation of India (NSE:LICI) Deserve A Spot On Your Watchlist?
Jan 25Results: Life Insurance Corporation of India Exceeded Expectations And The Consensus Has Updated Its Estimates
May 27Why We're Not Concerned About Life Insurance Corporation of India's (NSE:LICI) Share Price
Aug 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹360b |
| Sep 30 2023 | n/a | n/a | ₹393b |
| Jun 30 2023 | n/a | n/a | ₹469b |
| Mar 31 2023 | ₹8m | ₹4m | ₹427b |
| Dec 31 2022 | n/a | n/a | ₹412b |
| Sep 30 2022 | n/a | n/a | ₹225b |
| Jun 30 2022 | n/a | n/a | ₹134b |
| Mar 31 2022 | ₹8m | ₹6m | ₹102b |
Compensation vs Market: Siddhartha's total compensation ($USD99.97K) is below average for companies of similar size in the Indian market ($USD939.45K).
Compensation vs Earnings: Siddhartha's compensation has been consistent with company performance over the past year.
CEO
Siddhartha Mohanty (60 yo)
less than a year
Tenure
₹8,347,000
Compensation
Mr. Siddhartha Mohanty is CEO, MD & Whole Time Chairman of Life Insurance Corporation of India from April 29, 2023. He serves as Chairman of the Board at LIC Housing Finance Limited since April 5, 2023. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Whole Time Chairman | less than a year | ₹8.35m | no data | |
| Chief Financial Officer | 2yrs | ₹7.05m | no data | |
| Executive Director of Marketing & Product Development and Chief Marketing Officer | 1.7yrs | ₹3.74m | no data | |
| MD & Executive Director | no data | ₹5.70m | no data | |
| Executive Director of Audit & Chief Internal Auditor | 1.8yrs | ₹6.00m | no data | |
| MD & Director | 1.1yrs | ₹226.00k | 0% ₹ 0 | |
| Executive Director of Actuarial & Appointed Actuary | 7.3yrs | ₹8.95m | no data | |
| Executive Director of Investment Front Office & Chief Investment Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| MD & Director | less than a year | no data | 0% ₹ 0 | |
| Chief Digital Officer | less than a year | no data | no data | |
| MD & Director | less than a year | no data | no data |
1.0yrs
Average Tenure
58yo
Average Age
Experienced Management: LICI's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Whole Time Chairman | 3.2yrs | ₹8.35m | no data | |
| MD & Executive Director | less than a year | ₹5.70m | no data | |
| MD & Director | 1.1yrs | ₹226.00k | 0% ₹ 0 | |
| MD & Director | less than a year | no data | 0% ₹ 0 | |
| MD & Director | less than a year | no data | no data | |
| Independent Director | 2.3yrs | ₹2.80m | no data | |
| Independent Director | 2.3yrs | ₹2.46m | no data | |
| Independent Director | 2.5yrs | ₹3.24m | no data | |
| Independent Director | 2.5yrs | ₹1.74m | no data | |
| Independent Director | 2.3yrs | ₹1.90m | no data | |
| Independent Director | 2.3yrs | ₹2.00m | no data | |
| Independent Director | 2.3yrs | ₹3.06m | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Board: LICI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.