Prashant Thakkar Elevated to Executive Director – Retail Strategy, Operations and Technology at LIC Mutual Fund

LIC Mutual Fund has elevated Prashant Thakkar to Executive Director – Retail Strategy, Operations and Technology, recognizing his long-standing contributions across technology, operations, and strategic transformation within the organization.

Over the course of his journey with LIC Mutual Fund, Prashant has held several leadership roles focused on technology modernization, operational efficiency, and business strategy. Prior to his elevation, he served as Chief of Operations & Technology Officer (COOT) at LIC Mutual Fund, where he played a key role in strengthening operational processes, advancing digital capabilities, and supporting strategic initiatives across the organization.

Earlier, he served as Chief Technology Officer & Head – Strategy at LIC Nomura Mutual Fund Asset Management Co. Ltd., where he led technology transformation, IT strategy, and operational modernization initiatives aimed at enhancing business efficiency and customer-focused services within the mutual fund ecosystem.

With extensive experience spanning asset management, financial services technology, enterprise IT strategy, and digital transformation, Prashant has built strong expertise in technology leadership, project execution, operational governance, and strategic business alignment. His career reflects a consistent focus on driving technology-enabled transformation and improving operational effectiveness across financial institutions.

Before joining LIC Mutual Fund, he held leadership positions at Mirae Asset Global Investments as Head – Information Technology & Co-Head – Global IT Strategy / Projects, where he managed enterprise technology initiatives and global IT programs. He also worked with Birla Sun Life Asset Management Co. Ltd. as Manager – Information Technology, contributing to technology operations and digital systems management within the asset management business.

Earlier in his career, Prashant served as Senior Consultant – Information Technology at Cyanamid Agro Ltd. and Officer – Information Technology at Isibars Ltd., building foundational expertise in enterprise systems, IT consulting, and technology operations.

His elevation comes at a time when financial institutions and asset management companies are increasingly investing in digital transformation, operational modernization, data-driven services, and customer-centric technology platforms to improve efficiency and strengthen investor engagement.

LIC Mutual Fund is one of India’s established asset management companies, offering a wide range of mutual fund and investment solutions across equity, debt, hybrid, and other financial products. The organization focuses on delivering investment management services, operational excellence, and technology-driven financial solutions to retail and institutional investors across India.

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