LIC Housing Finance Appoints Lokesh Mundhra as New CFO

LIC Housing Finance has appointed Lokesh Mundhra as Chief Financial Officer (CFO) effective on April 17, 2025. In a regulatory filing, LIC Housing Finance said Sudipto Sil, who was serving as CFO, has been transferred and redesignated as Marketing Head of Western Region at Mumbai, effective April 17, 2025.

LIC Housing said, "The Board of Directors has approved the appointment of Lokesh Mundhra as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company with effect from April 17, 2025."

Mundhra, a Chartered Accountant, has served in various roles at LIC of India for the past 32 years. He has worked in various departments, including finance and accounts, personnel, legal, and estates, with the last six years spent in the investment department.

LIC Housing Finance added, "He has been instrumental in successfully concluding the transaction of bringing up the IPO and listing of the equity shares of LIC of India."