LIC International has announced the appointment of Veena Khan as its new chief executive officer and executive director.
Ms Khan, a distinguished life insurance strategist, brings more than 30 years of experience from the Life Insurance Corporation of India (LIC). Throughout her career, she has demonstrated expertise in driving multi-billion-dollar revenue growth, architecting corporate strategy, and leading large-scale operations across tied agency, ‘bancassurance’, and direct marketing distribution channels.
She possesses a deep technical background in underwriting, policy servicing, claims management, audit, and corporate communications.
Ms Khan holds a Post Graduate Executive Programme credential from IIM Ahmedabad, alongside certifications in tracking organisational performance and quantitative data analytics and completed a Management Development Programme at ISB Hyderabad. She is also a Fellow of the Insurance Institute of India (FIII) and specialises in organisational performance frameworks, including the Norton-Kaplan Balanced Scorecard methodology.
In addition to her corporate background, Ms Khan has served as a regular guest faculty member at top life insurance training centres across India.
Commenting on her new role, Ms Khan said, “LIC International’s vision is to become the GCC’s most trusted life insurer and a respected global brand. We are driving sustainable growth by strengthening our regional footprint, delivering accessible, tech-enabled solutions across coverage, savings, and retirement, and pursuing disciplined global expansion through strategic partnerships and strict governance. At our core, we invest in our people and technology to create long-term value for our policyholders and stakeholders.”
She added, “To meet modern expectations, LIC International is building a future-ready, digital-first insurer that balances tech efficiency with human touch. We deliver data-driven solutions for protection, savings, and retirement at every life stage, supported by a seamless digital ecosystem that enables faster underwriting, claims, and self-service capabilities. By upskilling our talent and partnering with tech leaders while upholding strict security and compliance, we are transforming the insurance experience across the GCC and beyond.”
LIC International (Life Insurance Corporation International) is a Bahrain-headquartered life insurer established in 1989 as a joint venture between Life Insurance Corporation of India (LIC) and Intercol. Operating across the GCC - including Bahrain, the UAE, and Kuwait - the company provides US Dollar-denominated life protection, savings, pension, and investment solutions primarily tailored for Non-Resident Indians (NRIs) and international residents, backed by seamless policy portability to LIC of India.
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