Shri B Venugopal presently Executive Director, LIC has been appointed as Managing Director ,Life Insurance Corporation of India (LIC) for a period of five years.
Shri Venugopal, born in 1959, joined LIC in November, 1983 as an Assistant Administrative Officer of the 12th Batch of Direct recruits. Prior to taking charge as Zonal Manager, Western Zone, Mumbai, he held the positions of Executive Director (IT/BPR) since April, 2012 and Executive Director(IT/Software Development) from April, 2008 to April 2012.
He started his career as an ABM(A) in Kasaragod Branch under Kozhikode Division, Southern Zone and was then selected as a Computer Operating Officer (COO) to join the EDP Department, Mumbai, where he worked also as Systems Analyst & Programmer (SA&P) and Manager(EDP).
During his career in LIC, it has been his privilege to be associated with most of the path breaking initiatives taken by LIC in the field of Information Technology and Business Process Re-engineering. These include the introduction of LIC’s Core Business Solution called the Front End Application Package (FEAP), setting up of the first ever Metro Area Networking and IVR Systems of LIC, implementation of projects such as the Corporate Active Data Warehouse (CADW), Enterprise Document Management Systems (EDMS), Customer/Agent/Employer/Vendor Portals, LIC Mobile Application, Online Underwriting Engine and online sale of policies and the migration of the distributed Core Business Solution (FEAP) to a web based, centralized solution (eFEAP).
He has also been Marketing Manager, Madurai, and Senior Divisional Manager in-charge of LICs Divisions at Madurai and of Coimbatore, which achieved the 2nd position in the country in achievement of FP budget during his tenure, besides being the Regional Manager (Estates & Office Services) in Chennai. He has an active interest in sports, reading and classical music.
IndianBureaucracy.com wishes Shri B Venugopal the very best.
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