Reliance Nippon Life's Sunil Agrawal named CFO of LIC ahead of mega IPO

Prior to Agrawal's appointment, Shubhangi Sanjay Soman was executive director, finance and accounting. The position of Executive director F&A has been changed to CFO as LIC gets set to list

Ahead of its public listing, Life Insurance Corporation (LIC) has appointed Sunil Agrawal as the chief financial officer (CFO) of the corporation.

Prior to Agrawal’s appointment, Shubhangi Sanjay Soman was the executive director in charge of finance and accounting (F&A) at the corporation. The position of Executive director F&A has been changed to CFO as the corporation is preparing to get listed on the bourses.

LIC had invited applications for the post of CFO in September last year. The insurer had said in a public notice that the post of CFO would be a contractual, with a three-year term or