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Clear out junk files and repair common Windows errorsFree Scan →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →LIC Mutual Fund Asset Management Limited appointed Ashis Kumar as its Managing Director and Chief Executive Officer effective September 26, 2026. Kumar had been the asset management company’s Chief Operating Officer; he left that role at close of business on September 25.
When did Ashis Kumar take charge?
Kumar’s appointment as MD and CEO took effect on September 26, 2026. LIC Mutual Fund’s addendum archive lists a director-details change dated September 29, while contemporaneous reporting gives the effective date and his transition from COO. LIC Mutual Fund’s addendum archive and The Economic Times report document the announcement.
Who is Ashis Kumar?
An LIC Mutual Fund key-personnel addendum dated April 30, 2026, listed Kumar as the AMC’s COO and recorded 30+ years of overall experience. It is a contemporaneous record of his role and background before his later appointment as MD and CEO, not a post-appointment profile. The official addendum archive contains the notice.
Education and professional qualification
- B.A. (Honors), St Xavier’s College, Ranchi
- Post Graduate Executive Program, IIM Ahmedabad
- Fellowship of the Insurance Institute of India
Career before the CEO appointment
| Role | Organization or office | Period recorded |
|---|---|---|
| Chief Operating Officer | LIC Mutual Fund Asset Management | April 22, 2026 to close of business September 25, 2026 |
| Regional Manager (Marketing) | LIC of India, South Central Zone | April 2025 to April 2026 |
| Chief (Investment) | LIC of India, Central Office | April 2024 to April 2025 |
| Secretary (Investment) | LIC of India, Central Office | May 2022 to April 2024 |
The April addendum records his age as 56 at that time; it is not a current-age claim. The role chronology and experience figure come from that same official personnel notice.
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How is his current role confirmed?
The Association of Mutual Funds in India’s member directory, updated September 29, 2026, lists Ashis Kumar as LIC Mutual Fund’s CEO. This provides a dated directory cross-check of his current position. AMFI’s member directory.
What Kumar said about the appointment
The Economic Times reported a statement attributed to Kumar as MD and CEO, describing the Indian asset-management industry as being at an “important inflection point” and referring to LIC Mutual Fund’s legacy, brand and expanding presence across investor segments. The report attributes the statement to the fund house’s announcement; it should be read as an announcement quote, not as a separately verified interview. The Economic Times coverage.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the appointment does—and does not—establish
The announcement establishes a leadership change and provides a record of Kumar’s prior LIC roles. It does not, by itself, show that the change has affected fund performance, returns, operating efficiency or investor outcomes.
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