Mr R.L.Narasimhan was Managing Director & CEO of IDBI Trusteeship Services Ltd. Prior to this, he was the Executive Director (Legal) in LIC of India. He played an advisory role to various departments of Corporate, Zonal and Divisional Offices, Associate Companies and Foreign Entities on legal matters.
He was the Editor of a Quarterly Journal “Legal Digest”, a publication of important decisions of Supreme Court, High Courts, NCDRC, State Commissions and also Central Information Commission. He was actively involved in the formation of new Companies/ Public Trust promoted by LIC. As the Compliance Officer of LIC, he established systems to monitor compliance. As a Member of Central Claims Review Committee in LIC (and subsequently in a Private Sector Life Insurance Company), he advised settlement of claims in appropriate cases, while deciding appeals arising out of repudiations. He was actively involved in Insurance related matters with the Life Insurance Council, the Finance Ministry, the Law Commission and FICCI. He was a Member of an IRDA Committee for framing Regulations / Rules, consequent upon the proposed amendments to Insurance Laws. He was a Nominee Director on the Boards of nine Companies. Currently he is a Consultant on Legal and Insurance domain.