About us

Board of Directors

Mr. Ratnakar Patnaik

Nominee Director

Mr. Ratnakar Patnaik is the Nominee Director (representative of Life Insurance Corporation of India (LIC)) of CCIL since August 2023.  

He is the Executive Director (Investment – Front Office) and Chief Investment Officer of LIC.  He has nearly 32 years of experience with LIC. He had joined LIC as a Direct Recruit Officer in September 1990. During the last thirty two years, he has worked across four Zones of LIC. He headed Indore and Jamshedpur Divisions as Senior Divisional Manager and also served as Regional Manager (Marketing / CLIA) at Kolkata, Eastern Zone for three years. Later, he was posted in Central Office as Chief (Investment – Front Office) in May 2021 and currently, acts as Executive Director (Investment – Front Office) & Chief Investment Officer of LIC.

He possesses a Bachelor’s degree in Science (Honours) from Berhampur University, Odisha and is a Fellow of the Insurance Institute of India.