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LIC’s Chief Financial Officer Sunil Agrawal Steps Down

Sunil Agrawal has resigned as LIC's CFO and Key Managerial Personnel, with the state-run insurer stating that he is stepping down to pursue new opportunities.

MM Desk by MM Desk
June 25, 2026
in Business, People Spotting
A A
LIC's Chief Financial Officer Sunil Agrawal Steps Down

Life Insurance Corporation of India (LIC) has announced the resignation of its Chief Financial Officer and Key Managerial Personnel, Sunil Agrawal, who has decided to step down to pursue better prospects.

In a regulatory filing dated June 24, 2026, LIC informed stock exchanges that Agrawal had tendered his resignation and would cease to serve as CFO and Key Managerial Personnel from the close of business hours on July 14, 2026.

According to the disclosure, Agrawal submitted his resignation on June 24, stating that he was leaving the organisation to pursue better prospects. In his resignation letter, he expressed gratitude for the opportunities, guidance and support received during his tenure and extended his best wishes for LIC’s future growth.

LIC said it places on record its sincere appreciation for Agrawal’s contributions during his tenure and wished him success in his future endeavours. The insurer has also shared the resignation letter as part of its regulatory disclosure.

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