Mr. B.C. Patnaik, Member (Life)

back Back

Mr.B.C. Patnaik, Member (Life)

 


 

Shri B.C. Patnaik has taken over charge as member Life with effect from 01st may 2023.

Shri B.C. Patnaik served as Managing Director of LIC of India from 1st October 2021 to 31st March 2023.

Shri B.C. Patnaik is a post graduate in Political Science and a Fellow of the Insurance Institute of India. He joined LIC in 1986 as a Direct Recruit Officer.  He has an illustrious career in LIC spanning 37 years. 

He has rich and diverse experience of Marketing, Customer Relationship Management, Underwriting, Group Business, Personnel and Training.  He has worked across the length and breadth of the country – Maharashtra, Gujarat, Uttar Pradesh, Bihar, West Bengal etc.  He was In-charge of Jamshedpur and Berhampur Division and brought accolades to these Divisions. His other important assignments include Marketing Manager, Regional Manager (B&AC), Regional Manager (CRM), Regional Manager (Marketing), WZ and Director Zonal Training Centre, Agra.

As Chief (CRM), he played a pivotal role in introducing LIC’s e-services and NACH mode of payment. Prior to taking charge as Managing Director, he was the Secretary General of Council for Insurance Ombudsmen.  In CIO, during the challenging period of outbreak of the Corona virus, he ensured business continuity by introducing on-line hearings as well as on-line registration of complaints. Due to his rich experience in CRM and CIO, he has an empathetic approach towards the aggrieved insured citizens.

His hobbies are reading, new age Technology-FinTech and the developments in economics and finance.  He loves listening to music and is a great lover of sports and games. He takes keen interest in cleanliness, a pollution free environment and reduction in carbon footprint.  He also loves meeting people and sharing his experiences.