LIC: Sonija M. S. re-designated as Chief (I/C) (Finance & Accounts), now Senior Management Personnel

LIC has informed the exchanges that Smt Sonija M. S., earlier Chief (Taxation Cell), Central Office, Mumbai, has been re-designated as Chief (I/C) (Finance & Accounts), Central Office, Mumbai.

Thu 8 Oct 2026

Re-designation Date

October 08, 2026

Joining Year

joined the Corporation in the year 1993 as a Direct Recruit Officer

Professional Qualification

Fellow Member of the Institute of Chartered Accountants of India

What happened

• Life Insurance Corporation of India has informed the exchanges that Smt Sonija M. S., Chief (Taxation Cell), Central Office, Mumbai, has been re-designated as Chief (I/C) (Finance & Accounts), Central Office, Mumbai.
• The date of re-designation is October 08, 2026.
• Consequent to this re-designation, she now falls under the definition of Senior Management Personnel (SMP) of the Corporation.

Who she is

• Smt Sonija M. S. joined the Corporation in the year 1993 as a Direct Recruit Officer.
• She is a Fellow Member of the Institute of Chartered Accountants of India.
• Her career in the Corporation spans over three decades, working in various offices in different roles heading Finance and Accounts, the Debt and Project portfolio, and stressed assets in Investment departments, along with exposure to Claims, Office Services and Personnel departments in various cadres.
• She has also worked in the Insurance Ombudsman office as Secretary, taking care of resolution of complaints and disputes in Insurance claim settlements.
• Before taking over as the Chief (In-charge) of the Finance and Accounts department at Central Office, she was handling Taxation, Income tax, GST and Provident Fund Trust as Chief.

What kind of event this is

• This is a re-designation of an existing senior official within the Corporation rather than the appointment of a new person from outside.
• The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the circulars issued thereunder.
• The disclosure of relationships between directors is marked Not applicable.

How a retail investor might read it

• Finance and Accounts at the Central Office is a key internal function for a large insurer, and the officer holding it now also counts as senior management personnel for disclosure purposes.
• The update is about who holds a senior internal position. It is not a statement about the company's business performance and does not by itself change its operations or financials.
• Such updates help investors keep track of who is responsible for key functions in the company.

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