Mrs. Usha Sangwan was the first woman Managing Director of the Life Insurance Corporation (LIC) of India from 2013 to 2018. She has a post-graduate degree in Economics, a PG diploma in Human Resource Management and a Licentiate from the Insurance Institute of India. She served on the Boards of several national and international companies, including Axis Bank, Bombay Stock Exchange, Grasim Industries, Ambuja Cements and Ultratech Cement among others. Currently, Mrs. Sangwan holds independent directorships at Torrent Power, Trident Ltd, SBI Life, Axis Pension Fund and Tata Technologies Ltd. She is also a member of the Financial Services Institutions Bureau of the Government of India.
Mrs. Sangwan was featured in Forbes magazine’s list of top 50 businesswomen in Asia and received the ‘Most Powerful Businesswoman Award’ from Business Today and Business World. She is a member of Bombay Chamber of Commerce & Industry's Diversity and Inclusion Committee . She was a jury member for selecting Women Transforming India by Niti Ayog, the top 100 Women in Finance by AIWMI and Business World’s Best CFOs in 2021.
| Sr. No | Name of the Body Corporate | Designation | Type of Company |
|---|---|---|---|
| 1 | Torrent Power Limited | Non-Executive Independent Director | Listed |
| 2 | SBI Life Insurance Company Limited | Non-Executive Independent Director | Listed |
| 3 | Trident Limited | Non-Executive Independent Director | Listed |
| 4 | Tata Technologies Limited | Non-Executive Independent Director | Listed |
| 5 | Tata Passenger Electric Mobility Limited | Non-Executive Independent Director | Public - Unlisted |
| 6 | Tata Motors Passenger Vehicles Limited | Non-Executive Independent Director | Public - Unlisted |
| 7 | Tata Motors Limited | Non-Executive Independent Director | Listed |
| 8 | CTFE Learning Private Limited | Non-Executive Director | Private |
