Lalit Kumar Chandel
Director/Board Member at State-owned National Insurance Co. Ltd.
Profile
Lalit Kumar Chandel currently works at Small Industries Development Bank of India, as Director and State-owned National Insurance Co. Ltd., as Director.
Mr. Chandel also formerly worked at ICICI Bank Ltd., as Executive Director, Corporation Bank, as Director from 2009 to 2011, National Insurance Co. Ltd., as Director, The Oriental Insurance Co. Ltd., as Director, Bank of Maharashtra, as Non-Executive Director from 2021 to 2022, India Ministry of Finance, as Director-Insurance Department, Agriculture Insurance Co. of India Ltd., as Director, India Department of Economic Affairs, as Deputy Director, National Insurance Academy, as Director, Insurance Regulatory & Development Authority, as Executive Director, Telangana State Power Generation Corp.
Ltd., as Finance Director, and MMTC Ltd., as Deputy Manager.
Mr. Chandel received his undergraduate degree from the University of Delhi, Masters Business Admin degree from Swinburne University of Technology, and graduate degree from Jamia Millia Islamia.
Lalit Kumar Chandel active positions
| Companies | Position | Start |
|---|---|---|
| State-owned National Insurance Co. Ltd. | Director/Board Member | - |
Small Industries Development Bank of India
 Small Industries Development Bank of India Finance/Rental/LeasingFinance Small Industries Development Bank of India acts as the principal financial institution for promotion, financing and development of the micro, small and medium enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities. The company was founded on April 2, 1990 and is headquartered in Lucknow, India. | Director/Board Member | - |
Former positions of Lalit Kumar Chandel
| Companies | Position | End |
|---|---|---|
| BANK OF MAHARASHTRA | Director/Board Member | 2022-12-14 |
| CORPORATION BANK | Director/Board Member | 2011-11-30 |
| MMTC LIMITED | Corporate Officer/Principal | - |
| National Insurance Academy | Director/Board Member | - |
Agriculture Insurance Co. of India Ltd.
 Agriculture Insurance Co. of India Ltd. Multi-Line InsuranceFinance Agriculture Insurance Co. of India Ltd. offers insurance services to the agricultural businesses. It offers national agricultural, weather based crop and modified national agricultural insurance scheme, bio-fuel tree/plant, cardamom plant and yield, coconut palm, potato crop, pulpwood tree, rubber plantation, rainfall and weather insurance services. The company was founded on April 1, 2003 and is headquartered in New Delhi, India. | Director/Board Member | - |
Training of Lalit Kumar Chandel
| University of Delhi | Undergraduate Degree |
| Jamia Millia Islamia | Graduate Degree |
| Swinburne University of Technology | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| ICICI BANK LIMITED | Finance |
| MMTC LIMITED | Distribution Services |
| BANK OF MAHARASHTRA | Finance |
| Private companies | 10 |
|---|---|
| Telangana State Power Generation Corp. Ltd. | Utilities |
| India Ministry of Finance | Government |
| Insurance Regulatory & Development Authority | Government |
| India Department of Economic Affairs | Government |
National Insurance Co. Ltd.
 National Insurance Co. Ltd. Investment Trusts/Mutual FundsMiscellaneous National Insurance Co. Ltd. (NIC) is a state-owned insurance firm which was founded in 1906. The firm was formerly a subsidiary of General Insurance Corporation of India (GIC), a wholly-owned subsidiary of the Government of India, but was de-linked from GIC in 2002. NIC is headquartered in Kolkata and is one of the public sector insurance companies in India that offers a wide range of insurance services to its customers, including Personal Line of Insurance, Motor Vehicle Insurance, Rural Insurance, and Industrial & Commercial Insurance through a network of offices throughout the country. Their foreign operations are carried out from branch office in Nepal. | Miscellaneous |
The Oriental Insurance Co. Ltd.
 The Oriental Insurance Co. Ltd. Investment Trusts/Mutual FundsMiscellaneous The Oriental Insurance Co. Ltd. (Oriental Insurance) is a state-owned insurance firm headquartered in New Delhi, India. The firm was founded in 1947 as a wholly-owned subsidiary of The Oriental Government Security Life Assurance Company Ltd. Subsequently they became a subsidiary of Life Insurance Corporation of India from 1956 to 1973 and in 2003, all shares held by the General Insurance Corporation of India were transferred to the Central Government. Oriental Insurance specializes in devising special covers for large projects like power plants, petrochemical, steel and chemical plants. It develops various types of insurance covers to cater to the needs of both the urban and rural population of India. | Miscellaneous |
Corporation Bank
 Corporation Bank Regional BanksFinance Corporation Bank engages in the provision of banking services. It distributes mutual fund products, and deals with certificate of deposits, treasury bills, and dated government securities. It operates through the following segments: Treasury Operations, Wholesale Banking, Retail Banking, and Other Banking Operations. The company was founded by Khan Bahadur Abdullah Kasim Saheb Bahadur on March 12, 1906 and is headquartered in Mangalore, India. | Finance |
Agriculture Insurance Co. of India Ltd.
Agriculture Insurance Co. of India Ltd. Multi-Line InsuranceFinance Agriculture Insurance Co. of India Ltd. offers insurance services to the agricultural businesses. It offers national agricultural, weather based crop and modified national agricultural insurance scheme, bio-fuel tree/plant, cardamom plant and yield, coconut palm, potato crop, pulpwood tree, rubber plantation, rainfall and weather insurance services. The company was founded on April 1, 2003 and is headquartered in New Delhi, India. | Finance |
| State-owned National Insurance Co. Ltd. | |
Small Industries Development Bank of India
Small Industries Development Bank of India Finance/Rental/LeasingFinance Small Industries Development Bank of India acts as the principal financial institution for promotion, financing and development of the micro, small and medium enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities. The company was founded on April 2, 1990 and is headquartered in Lucknow, India. | Finance |
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