Hemant Bhargava (59), joined the ITC Board as an Additional Non-Executive Director effective July 28, 2018, representing the Life Insurance Corporation of India (LIC).
Bhargava is a Masters in Economics and a Masters in Financial Management from the Jamnalal Bajaj Institute of Management Studies and has also done a few courses from the Indian Institute of Management, Lucknow, and the Indian School of Business, Hyderabad.
Bhargava joined LIC as a Direct Recruit Officer in 1981 and is currently its Managing Director. During his long tenure of 37 years, he has worked across various departments in diverse set of roles both in India and abroad, building multi-dimensional experience in different capacities, especially in Marketing, International Operations, Joint Ventures, Subsidiaries etc. He had the privilege of heading two prestigious zones of LIC covering more than 15 states of India. His leadership tenure was enriched by the extensive experience gained in overseeing several functions including Marketing, Finance, Personnel, Pension & Group Scheme, Alternate channels, Estate and Office Services, HRD, IT etc.
He is presently on the Boards of Larsen & Toubro Limited, Voltas Limited, The Tata Power Company Limited, LIC Housing Finance Limited and Life Insurance Corporation (LIC) of Bangladesh Limited, amongst others.