Usha Sangwan

Usha Sangwan was the first ever woman Managing Director of LIC of India ("LIC"), the largest life insurer in the World in terms of number of customers. She is post graduate in Economics, a post graduate Diploma holder in Human Resource Management and Licentiate from Insurance Institute of India. She joined LIC in 1981 as a Direct Recruit Officer and handled various important positions during her 37 years of stint in LIC, finally reaching the top position of Managing Director. Her expertise lies in analytics, strategy, execution, people skill, customer centricity, use of technology particularly in marketing and servicing and setting up of systems.

She is presently Independent Director on the Boards of Torrent Power, Trident Ltd, Axis Pension Fund and SBI Life. She is also member of Financial Services Institutions Board, constituted by Govt. of lndia for selection of Board level positions in Public Sector Financial Institutions. Previously she has served on the Boards of BSE Ltd, Axis Bank, Grasim Industries, Ambuja Cement, GIC Re, LIC International Singapore, Bahrain, Sri Lanka and Nepal, amongst others.

She has featured in Forbes magazine amongst top 50 Power Business Women of Asia. She has also been awarded Most Powerful Business Woman Award by Business Today and Business World for three years consecutively. She was featured in Femina and on the cover page of Bureaucracy. She was honored by 92.7 Big FM, Colour TV, Dun & Bradstreet and Loksatta among others. She has won many more accolades and awards. She is a member of Women Empowerment Program of Niti Aayog, Govt. of India, member of BCCI Fempower program and a Chartered member of the Association of International Wealth Managers of India. She was also a jury member to select Women Transforming India by Niti Aayog and jury member to select top 100 Women in Finance by AIWMI.