V Manickam takes over as CEO of LIC Pension Fund

V Manickam has taken charge as Chief Executive Officer (CEO) of LIC Pension Fund Ltd with effect from December 1.

He takes over from H Sadhak, who retired on November 30, a company release said here.

A Chartered Accountant by qualification, Manickam started his career in LIC in 1983 and has held various prestigious positions in the state-run insurance giant.

Prior to his latest appointment, Manickam was ED (Investment: Monitoring and Accounting) of LIC of India, the release said.

LIC Pension Fund is a public limited company approved by the interim regulator PFRDA for managing pension funds of Central and state government employees (except armed forces) who joined services on or after January 1, 2004.

 

The company has completed three years of its existence. It has achieved a significant growth which reflected in the highest allocation of funds to the company in the current fiscal, the release added.