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LIC Mutual Fund Strengthens Leadership with Prashant Thakkar as President – Retail Strategy, Operations and Technology

Effective September 1, 2025, Prashant Thakkar has taken on the role of President – Retail Strategy, Operations and Technology at LIC Mutual Fund Asset Management, while continuing as a Key Personnel for its schemes. This leadership appointment reflects LIC Mutual Fund’s commitment to enhancing retail capabilities, streamlining operations, and leveraging technology to deliver superior investor experiences.

Mr. Thakkar has been a key contributor to LIC Mutual Fund’s growth for over a decade. His tenure includes leading information technology initiatives in 2012, serving as Chief Technology Officer (2016–2021), and most recently as Chief of Operations and Technology (2021–2025). In each role, he has been central to strengthening the organisation’s operational foundation and driving its retail and digital transformation.

Prior to LIC Mutual Fund, Mr. Thakkar contributed to Mirae Asset Global Investments (India), where he spearheaded technology initiatives and helped build scalable systems to support the firm’s expansion.

With over 25 years of experience spanning operations, technology, and strategy, he has built a strong legacy in technology-driven business operations, risk management, and strategic growth across financial services. In his new role, Mr. Thakkar is poised to accelerate LIC Mutual Fund’s retail ambitions and digital initiatives, further strengthening the company’s position in India’s investment landscape.

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