Mr. Hemant Bhargava is the Managing Director of Life Insurance Corporation of India since February 2017. He joined LIC in 1981. Mr. Bhargava did his Masters in Economics and also studied at Jamnalal Bajaj Institute of Management. He has done courses from IIM Lucknow and ISB, Hyderabad.
During his rich tenure of 35 years in LIC, he has worked across various departments in the diverse set of roles in both India and abroad, building multi-dimensional experience, in different capacities, especially in Marketing, International Operations, Joint Ventures, Subsidiaries etc.
As Managing Director, Mr. Bhargava is responsible for departments like Investment (Monitoring & Accounting), Corporate Planning/New Projects, Marketing (CLIA), Personnel, Health Insurance, Corporate Communication, Human Resource Development – to name a few.
Mr. Bhargava has served on the Boards of companies including M/s. PTC India Limited, NEDFi Corporation Limited. He has also served on the Boards of National Mutual Fund, Mauritius, and LIC Mauritius Offshore Limited. Presently, he is on the Boards of LIC Mutual Fund Trustee Private Limited, LIC Pension Fund Limited, LIC (Lanka) Limited, Life Insurance Corporation (LIC) of Bangladesh Limited, LIC HFL Care Homes Limited, LIC HFL Asset Management Company Limited, Infrastructure Leasing and Financial Services Limited, Voltas Limited and the TATA Power Company Limited.
Mr. Bhargava joined the Company’s Board on May 28, 2018.