Usha Sangwan

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Usha Sangwan is an Indian business executive who is well-known as the first woman to lead Life Insurance Corporation of India from the front.She joined LIC as Direct Recruit Officer in 1981 and served the Corporation for over 37 years.She lives by the mantra: [3]Magzter Have the courage to change things you can, serenity to accept what you cannot, and wisdom to know the difference..In her early career, Ms Sangwan held the positions of Managing Director at Life Insurance Corporation of India, Member-Governing Council at National Insurance Academy, Education Director at The Insurance Institute of India, and Chairman at LIC HFL Care Homes Ltd.Usha has Board level experience of almost 30 years, and she has been on multiple boards simultaneously. She sits as the Director on the Board of Bombay Stock Exchange (BSE), Axis Bank Ltd., Ambuja Cements, General Insurance Corporation of India, LIC Singapore, LIC Nepal, LIC Sri Lanka, and Grasim Industries.She has also been the Independent Director at Trident Group India, Torrent Power, and Godrej Housing Finance Part-time since 2021. [4]LinkedIn Usha.In December 2013, Sangwan was appointed the Managing Director of Life Insurance Corporation of India (LIC). She became the first female to hold the position in LIC.During her five years as the LICs leading lady, the Corporation touched record premium collections, witnessed several customer relationship initiatives, and adopted new technologies. [5]Business Today.Ms Sangwan has worked in almost all core areas of Life Insurance including Marketing, Direct Marketing, Personnel, Housing Finance, Group Business, Investment, CRM, Corporate Planning, Information Technology, Regulatory Compliance, Actuarial, International Operations and Corporate Communications. [6]LinkedIn Usha.Her expertise lies in analytics, people skill, customer centricity, strategy, execution, and use of technology.