Mrs. Shubhangi Soman is a qualified Chartered Accountant (CA) and at present holds post of Executive Director (F & A) & CFO of LIC. She joined the Corporation in 1985 at the age of 23 as a Direct Recruit officer from a Batch of Chartered Accountants. Prior to her present position, she was Regional Manager (F& A) at Western Zone, Secretary (F&A) at Central Office, Chief (Investment – Operations), Chief (F&A) In Charge and has been designated CFO since 2018 and assumed charge as Executive Director (F&A) on 1st June 2020.
She had facilitated 'Decentralization of Accounts’ of the then Mumbai Division and played a major role in segregating accounts into Mumbai DO 1, 2, 3 & 4. At Pension & Group Scheme – Central Office, she streamlined accounting procedures and implemented Social Security Schemes for an unorganized sector.
During her stint as Research Associate at National Insurance Academy (NIA) she completed research in 'Comparative study of Accounting and Reporting Standards for Insurance Industry- An International Approach'. She authored and presented Research papers in International Conferences organized by NIA and FICCI.
As a CA with virtuous experience at LIC, she is a visiting faculty to Zonal Training Centre, Management Development Centre, National Insurance Academy, and ICAI, and also a Member of Special Committees of Management for Vision 2005 & Vision 2020. She had also participated in Strategic Management and Leadership programs at ISB-Hyderabad, IIM-Ahmadabad, NIA-Pune and NUS-Singapore.