Sanjay Dayal Appointed COO of LIC Housing Finance
LIC Housing Finance appoints Sanjay Dayal as chief operating officer
Business Standard
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LIC Housing Finance has appointed Sanjay Dayal as its new Chief Operating Officer (COO), effective April 10, 2026. Dayal, with over 30 years of experience in the finance sector, previously held key positions at Life Insurance Corporation of India and has a strong background in investment management. The company reported a 2.6% decrease in net profit for Q3 FY26.
- 01Sanjay Dayal appointed COO of LIC Housing Finance effective April 10, 2026.
- 02Dayal has over 30 years of experience in the finance sector.
- 03He previously held leadership roles at Life Insurance Corporation of India.
- 04LIC Housing Finance reported a net profit decrease of 2.6% to ₹1,398.02 crore.
- 05The company's stock slipped 1.81% to ₹521.70 on the Bombay Stock Exchange.
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LIC Housing Finance has appointed Sanjay Dayal as its new Chief Operating Officer (COO), effective April 10, 2026. Dayal holds an MBA in finance and a PhD in psychology, and he is proficient in Punjabi, Hindi, and English. With over 30 years of experience in the finance sector, Dayal has held various leadership positions, including general manager of credit appraisal at LIC Housing Finance and deputy general manager at LIC Pension Fund. He has also managed operations in Fiji, where the unit received the Business Excellence Award in 2017. In financial performance, LIC Housing Finance reported a 2.6% decrease in net profit to ₹1,398.02 crore for Q3 FY26, despite a 2% rise in revenue from operations to ₹7,215.15 crore compared to Q3 FY25. Following this news, the company's stock fell 1.81% to ₹521.70 on the Bombay Stock Exchange.
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The appointment of Sanjay Dayal as COO may lead to strategic changes in LIC Housing Finance's operations, potentially affecting its service delivery and product offerings.
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