Mr. Dinesh Pant, Non-Independent Director

Mr. Dinesh Pant is the current Managing Director of Life Insurance Corporation of India (‘LIC’) with over three decades of rich experience in key and specialized areas of insurance and finance. He joined LIC in 1989 as a direct recruit officer and got promoted to lead some of the most distinguished branches of LIC of India in Rajasthan and Delhi. He subsequently took over the role of Manager (New Business & Actuarial) and Legal before joining the Investment Research Cell at the Corporate Office. After training by IIM-A in 2002, he joined LIC's Investment Research team.

Mr. Dinesh Pant was appointed Actuary and Executive Director (Actuarial) prior to assuming the role of Managing Director. As Appointed Actuary, Mr. Dinesh Pant was part of the LIC's Key Management team and played a pivotal role in the successful planning and launch of LIC’s mega IPO in 2022. He has been instrumental in steering LIC towards profitable and sustainable growth post-IPO, creating value for all stakeholders.

Mr. Dinesh Pant has been a permanent special invitee to the Board of LIC since 2017 and has served on several sub-committees, such as the Investment Committee, Risk Management Committee, and With-Profit Committee. He advises top management and the Board on key functional areas, including products, valuation, and risk management practices and strategies.

Mr. Dinesh Pant had the distinction of heading the Life Operations at Kenindia Assurance Company Ltd., Kenya as the General Manager (Life), overseeing the marketing and overall operations of the Life Insurance Business of this composite insurance company for over 5 years.

A passionate advocate for education, Mr. Dinesh Pant has contributed to academia as a visiting faculty member at various institutes, including the National Insurance Academy. He has also developed course materials for insurance professional bodies. Furthermore, he has served on various committees of professional bodies and regulators, including the Health Committees of FICCI and the Pension Advisory Committee of PFRDA. He has chaired and been a member of numerous committees and sub-committees formed by IRDAI, focusing on areas such as product regulations, index-linked products, investments, and risk-based capital.