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LIC Housing Finance Limited Q3 FY14 Net Profit Rs 326.59 crore, up by 38%
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Sunita Sharma takes charge as MD & CEO of LIC HFL

Sunita Sharma takes charge as MD & CEO of LIC HFL


Mumbai, November 6, 2013: Smt Sunita Sharma has assumed charge as MD & CEO of LIC Housing Finance Ltd on 5th November 2013.  She is the first woman to be the MD & CEO of the Company since its inception in 1989.


Prior to this assignment, Smt Sharma was Executive Director of Investments in LIC of India looking after the areas of equity research and risk management. Pension & Group schemes became most successful marketing channel and business grew manifold for LICI when she was spearheading the assignment as Executive Director. In a career spanning over 3 decades in the Corporation, she has handled various assignments like Personnel, New Business, Policy Servicing, Finance & Accounts and Estates.  She had also served as Regional Manager of LIC HFL of Northern Region covering the states of Delhi NCR, Rajasthan, Chandigarh, Punjab and Himachal Pradesh.


Smt Sharma prides herself a Team Player and believes in the power of human potential that is required to scale up any business.  Her intellect, energy and integrity are integral to her personality counted by her colleagues.


About LIC Housing Finance

LIC Housing Finance Ltd is one of the largest housing finance companies in India having one of the widest networks of offices across the country and representative offices at Dubai & Kuwait. In addition, the Company also distributes its products through branches of its subsidiary LICHFL Financial Services Ltd. LIC Housing Finance Ltd was promoted by Life Insurance Corporation in 1989 and a public issue was made in 1994.  It launched its maiden GDR offering in 2004. The company enjoys the highest rating from CRISIL & CARE indicating highest safety with regard to the ability to service interest and repay principal.


For further information please contact:

Delna Irani / Ujjawal Punmiya                                    

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Tel: 022-67574444
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