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LIC Names Shatmanyu Shrivastava New CFO

30 July 20261 min read
BANKING & FINANCELIC NamesShatmanyuShrivastava NewCFO30 July 2026safalsetu.com

Why in the news

Life Insurance Corporation of India reshuffled two senior finance and risk posts after its finance head resigned.

Key facts

  • New CFO: Shatmanyu Shrivastava, also Executive Director (Finance & Accounts).
  • Reason: resignation of Sunil Agrawal.
  • New CRO: Varadarajan Muthuvenkataraman, also Executive Director (Enterprise Risk Management).
  • The two appointments came at the same time.
PersonRole
Shatmanyu ShrivastavaED (Finance & Accounts) and CFO
Varadarajan MuthuvenkataramanED (Enterprise Risk Management) and CRO
Sunil AgrawalResigned (predecessor in the finance role)

Exam angle

  • Organisation: Life Insurance Corporation of India.
  • New CFO: Shatmanyu Shrivastava.
  • New CRO: Varadarajan Muthuvenkataraman.

Test yourself

1. Who has been appointed Chief Financial Officer of LIC following Sunil Agrawal's resignation?

Shatmanyu Shrivastava was appointed ED (Finance and Accounts) and CFO.

2. Who was appointed LIC's Chief Risk Officer alongside the new CFO?

He was named Executive Director (Enterprise Risk Management) and CRO.

3. Which executive's resignation led to the appointment of LIC's new CFO?

The CFO appointment followed the resignation of Sunil Agrawal.

This topic is part of Daily Current Affairs 30 July 2026 (23 topics).

All topics of the dayDay quizJuly 2026

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