LIC appoints Ratnakar Patnaik as CIO

Written by Adam Cadle

11/04/2023

Life Insurance Corporation of India (LIC) has appointed Ratnakar Patnaik as chief investment officer (CIO).

Patnaik will replace P R Mishra, who has been transferred and posted to another assignment.

Patnaik joined LIC as a direct recruit officer in September 1990. During the last 32 years, he has worked across four zones, mostly in marketing assignments. He headed Indore and Jamshedpur divisions as senior divisional manager and served as regional manager (CLIA) in the Eastern Zone for three years. He joined the central office as chief investment – front office on promotion in May 2021.

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