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
₹9.2m
Total compensation
| CEO salary percentage | 42.9% |
| CEO tenure | 1.6yrs |
| CEO ownership | n/a |
| Management average tenure | 1.6yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Life Insurance Corporation of India Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jun 01
Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce
Feb 12Does 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹481b |
| Jun 30 2024 | n/a | n/a | ₹471b |
| Mar 31 2024 | ₹9m | ₹4m | ₹424b |
| 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 ($USD109.44K) is below average for companies of similar size in the Indian market ($USD1.11M).
Compensation vs Earnings: Siddhartha's compensation has been consistent with company performance over the past year.
CEO
Siddhartha Mohanty (61 yo)
1.6yrs
Tenure
₹9,239,000
Compensation
Mr. Siddhartha Mohanty is MD of Life Insurance Corporation of India from June 30, 2024 and is its Chairman and CEO since June 2024. Mr. Siddhartha Mohanty is Nominee Director of Larsen & Toubro Limited fro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman & MD | 1.6yrs | ₹9.24m | no data | |
| MD & Executive Director | no data | ₹5.00m | no data | |
| MD & Director | 1.7yrs | ₹4.80m | 0% ₹ 0 | |
| MD & Director | 1.3yrs | ₹3.67m | 0% ₹ 0 | |
| MD & Director | 1.2yrs | ₹3.16m | 0% ₹ 0 | |
| Chief Financial Officer | 2.6yrs | ₹7.05m | no data | |
| Executive Director of Investment Front Office & Chief Investment Officer | 1.6yrs | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Executive Director of Marketing & Product Development and Chief Marketing Officer | 2.3yrs | ₹3.74m | no data | |
| Executive Director of Audit & Chief Internal Auditor | 2.3yrs | ₹6.00m | no data | |
| Chief Digital Officer | 1.3yrs | no data | no data | |
| Chief-In-charge (Board & Secretarial) | less than a year | no data | no data |
1.6yrs
Average Tenure
59yo
Average Age
Experienced Management: LICI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman & MD | 3.8yrs | ₹9.24m | no data | |
| MD & Executive Director | 1.6yrs | ₹5.00m | no data | |
| MD & Director | 1.7yrs | ₹4.80m | 0% ₹ 0 | |
| MD & Director | 1.3yrs | ₹3.67m | 0% ₹ 0 | |
| MD & Director | 1.2yrs | ₹3.16m | 0% ₹ 0 | |
| Independent Director | 2.8yrs | ₹3.00m | no data | |
| Independent Director | 2.8yrs | ₹2.06m | no data | |
| Independent Director | 3.1yrs | ₹2.60m | no data | |
| Independent Director | 3.1yrs | ₹1.58m | no data | |
| Independent Director | 2.8yrs | ₹1.86m | no data | |
| Independent Director | 2.8yrs | ₹2.36m | no data | |
| Independent Director | 2.8yrs | ₹3.08m | no data |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Board: LICI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.