Mr. Hemant Bhargava serves as a Non-Executive Independent Director of the Company, having joined the organization on August 9, 2023.
A veteran in the financial and insurance sectors, Mr. Bhargava brings over 40 years of rich professional experience. He holds a Master’s degree in Economics from Lucknow University (1981) and has also pursued a Master’s in Financial Management.
Mr. Bhargava began his distinguished career in 1981 with the Life Insurance Corporation of India (LIC) as its youngest Direct Recruit Officer. Over the years, he ascended through various leadership roles, ultimately becoming Managing Director and, in January 2019, Chairman-in-Charge of LIC. That same year, he was also appointed as Non-Executive Chairman of both IDBI Bank Limited and LIC Housing Finance Limited.
Throughout his expansive career, Mr. Bhargava held several pivotal roles in India and internationally, with a strong focus on marketing, international operations, and strategic business development. Notably, he served as Country Head for LIC Mauritius, where he played a key role in establishing the Indo-Mauritian Business Group. He also led the successful launch of LIC Cards Services Ltd. as its founding CEO, marking LIC’s entry into the credit card business.
His corporate board-level experience spans more than 25 years in India and abroad, beginning in 2001 with his appointment to the board of National Mutual Fund in Mauritius. Since then, he has contributed to the boards of numerous organizations across geographies.
Currently, Mr. Bhargava continues to offer his leadership and expertise as a board member of ITC Limited, UGRO Capital Limited, Wealth Company Asset Management Holdings Private Limited, and Providence Life Limited PCC, Mauritius. His career reflects a sustained commitment to excellence and impact in the financial services industry.
| OTHER DIRECTORSHIPS | ||
| S. No. | Company Name | Designation |
| 1 | ITC Limited | Director |
| 2 | UGRO Capital Limited | Director |
| 3 | Wealth Company Asset Management Holdings Private Limited | Director |
| 4 | Providence Life Limited PCC, Mauritius | Director |