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Dinesh Pangtey appointed as CEO of LIC Mutual Fund


has been appointed as Chief Executive of He started his career as a direct recruit with LIC of in 1984 and has risen through the ranks to this senior position. Prior to taking over as of LIC Mutual Fund, was Director and Chief Executive at LIC HFL AMC.

has 35 years of experience across private equity, life, pension, group superannuation scheme, and During his stint as with the private equity division of the LIC Group, Pangtey completed an investment of the maiden fund corpus and achieved exit from 4 portfolio companies with an IRR of 22 per cent and returned 79 per cent of the amount drawn from Investors. He strategized the setting up of the new fund under SEBI platform & directly raised 92 per cent of the base corpus. The fund is shortly poised to exhaust the green shoe option and close at Rs 1000 Cr

He is a direct recruit officer in LIC at various key positions with expertise in marketing. He has served as in Western Zone spanning the states of Maharashtra, Gujarat, and He has headed Divisions like J & K, Ahmedabad &

Dinesh Pangtey has a Bachelor's Degree in Science.

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First Published: Mon, May 13 2019. 18:07 IST