10-rankRanked 11th Among the top
40 global reinsurance
groups by S&P Global Ratings

Page last updated on: 23/06/2017
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Conseil d'administration

Mme Usha Sangwan

Mrs. Usha Sangwan

Managing Director
Life Insurance Corporation of India
Central office,
Yogakshema Bldg, 7th Floor, West Wing,
Jeevan Bima Marg, MUMBAI - 400 021
Phone: +91-22- 22818233/34
Fax: +91-22-22022235
Website: http://www.licindia.in/
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Mrs. Usha Sangwan, is the first ever woman Managing Director of Life Insurance Corporation of India. She is Post Graduate in Economics and Post Graduate Diploma holder in Human Resource Management and Licentiate from Insurance Institute of India. She joined LIC as Direct Recruit Officer in 1981.

Mrs. Sangwan is the whole time Director of LIC of India, Board Member of General Insurance Corporation of India, LIC Housing Finance Ltd., Axis Bank, Ambuja Cements Ltd. and Bombay Stock Exchange Ltd., Board Member of LIC (International) BSC © Bahrain, Kenindia Assurance Co. Ltd., LIC Card Services Ltd., Member of Governing Council of National Insurance Academy, Member on the Board of Education of Insurance Institute of India, a Trustee of LIC Golden Jubilee Foundation, Chairman of LIC of India (Regular Part-time Employees)Pension Fund, Executive Committee, Investment Committee and Policyholders Protection Committee of LIC of India.

She has worked in all core areas of Life Insurance. She has vast operational and Board level experience of Financial Sector including Banking, Housing Finance, Stock Exchange, Cards, Mutual Funds, General Insurance and Reinsurance. Within Life Insurance, experience in Marketing, Investments (Operations, Monitoring & Accounting, Risk Management & Research), Personnel, Product Development, Information Technology, Customer Relationship management, HRD/OD, Training, Direct Marketing, Corporate Communication, Corporate Planning, Board Sectt., Estate Management, Engineering, Finance & Accounts, Marketing-all Channels, Group Business, New Business & Reinsurance, Actuarial, Social Media Management, International Operations, Legal, RTI, Audit, Inspection and Mission office for digital India.

Her expertise lies in analytics, strategy, execution, people skill, use of technology particularly in marketing and servicing and setting up of systems.

Awards

  • She has been featured in Forbes List of 50 most powerful Business Women in Asia in 2015
  • “Most Powerful Women in Indian Business” by Business Today in 2016
  • She is also featured in Femina – Most powerful women in India
  • Featured on cover page of Bureaucracy Today
  • Featured in Business World as "Most Influential Women"
  • Management Woman Achiever of the Year 2015-16 by Bombay Management Association
  • "Women Leadership Award" in BFSI sector by Institute of Public Enterprise
  • "Brand Slam Leadership Award" by CMO Asia
  • "Women Leadership Role Model" by Top Rankers Management Consultants
  • "CEO with HR Orientation Award" by Global HR Excellence arranged by Chartered Institute of Management Accountants
  • Also felicitated by Free Press Journal, Colors TV and Doordarshan for Women in Leadership Role

 

Ranked 11th Among the top
40 global reinsurance
groups by S&P Ranking