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Siddhartha Mohanty has been appointed as the Managing Director of Life Insurance Corporation

Bhubaneswar:20/1/21: Another Odia has made it to the top.  Siddhartha Mohanty has been appointed as the Managing Director of Life Insurance Corporation (LIC).

He will serve as the MD of LIC from February 1 till his superannuation on June 30, 2023. Mohanty, who is currently serving as the CEO of LIC Housing Finance, will replace TC Suseel Kumar as the LID MD. Suseel is set to retire on January 31.

“The Appointments Committee of the Cabinet (ACC) has approved the proposal of the department of financial services for appointment of Shri Siddhartha Mohanty, CEO, LIC Housing Finance as MD, LIC, in the pay scale of Rs 205,400 – Rs 224,400 with effect from the date of his assumption of charge of the post on or after 01.02.2021 and up to the date of his superannuation or until further orders, whichever is earlier”, reads the Government notification.

Prior to joining LIC Housing Finance, Mohanty was Executive Director in LIC handling the legal department. He had started his career with LIC as a direct recruit officer in 1985.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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