Mumbai, May 3
Mr T.S. Vijayan, Managing Director, Life Insurance Corporation, has taken over as Chairman of the Corporation, effective May 3. At 53, Mr Vijayan is the youngest ever Chairman of LIC.
Mr Vijayan began his career in LIC as a direct recruit officer in 1977. He was the first Director and Chief Executive of LICHFL CareHomes, a subsidiary of LICHFL. In this role, he was instrumental in designing the systems for running community living centres for senior citizens.
Before his appointment as MD, Mr Vijayan was Executive Director (Information Technology and Business Process Re-engineering). It was during his tenure that projects involving enterprise portal and data warehousing were conceived and implemented