Lokesh Mundhra Elevated as Chief Financial Officer at LIC Housing Finance

Lokesh Mundhra has taken over as the Chief Financial Officer (CFO) and Key Managerial Personnel at LIC Housing Finance, effective April 17, 2025. With over three decades of experience at LIC of India, Lokesh has held diverse leadership roles across finance & accounts, legal, personnel, and estates departments. Most recently, he has been part of the investment department for six years, playing a pivotal role in strategic operations and financial governance.

Lokesh is a Chartered Accountant by qualification and has demonstrated a consistent record of performance across high-impact financial domains. His career at LIC of India, spanning more than 32 years, has been marked by critical contributions, including his instrumental role in the Initial Public Offering (IPO) and listing of LIC of India’s equity shares—a milestone event for the organization.

At LIC Housing Finance, Lokesh steps into a key leadership position where he will be responsible for overseeing the company’s financial strategy, compliance frameworks, and fiscal performance. His appointment reflects the company’s focus on experienced financial stewardship to support its long-term business goals and investor confidence.

LIC Housing Finance, one of India’s largest housing finance companies, continues to strengthen its executive leadership to drive innovation and operational resilience in the evolving financial services landscape. Lokesh’s extensive institutional knowledge and financial acumen are expected to further enhance the company’s growth trajectory and governance capabilities.

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