Life Insurance

Hemant takes charge as Managing Director LIC of India

NEW DELHI: Hemant Bhargava assumed charge as Managing Director of Life Insurance Corporation of India here. He was the Head of Northern Zone comprising Delhi, Punjab, Rajasthan, Himachal Pradesh, Jammu and Kashmir, Haryana States and Union Territory of Chandigarh.
Prior to that, he was heading Eastern Zone comprising of Arunachal Pradesh, Assam, Meghalaya, Mizoram, Manipur, Nagaland, Sikkim, Tripura and West Bengal States and Union Territory of Andaman and Nicobar Islands.
He has rich experience of more than 33 years in life insurance industry in India and abroad. He had been Country Head LIC Mauritius, head of International Operations SBU of LIC, Founded Micro Insurance Vertical for LIC, was Executive Director (Marketing and Product Development) for the Corporation. He is the founder CEO of LIC Cards Services Ltd. He is also founder President of Indo Mauritian Business Group in Mauritius.
Bhargava has served on the Boards of National Mutual Fund, Mauritius, LIC Mauritius Offshore Ltd, Krishna Knitwear Ltd, Mumbai. He was a member of Insurance Institute of India AC and was also appointed as Director on the boards of PTC India Ltd., New Delhi and NEDFI LTD, Guwahati. He has vivid interests in philately, numismatics, reading, gardening, swimming, rowing and table tennis.

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