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Management Team

  •  
    Mr. Rajesh Sud
    Executive Vice Chairman & Managing Director, Max Life Insurance

    Rajesh SudMr. Rajesh Sud was appointed Executive Vice Chairman and Managing Director of Max Life Insurance with effect from January 29, 2016. Max Life Insurance started operations in 2001 when the insurance sector was opened to private participation. A founder team member, Rajesh was amongst the first few management team members to join Max Life Insurance. In November 2008, he took over as the CEO & Managing Director of the company. He leads the company towards achieving its vision of being the most admired life insurance company by securing the financial future of our customers.

    Prior to this, Rajesh was responsible for establishing a multi channel distribution network for the individual life business. Rajesh has successfully established Agency as the core channel for the company with strong focus on process, training and productivity. These strong foundations have allowed Max Life Insurance to rapidly grow to pan India presence with a professional and trained sales force, which is widely regarded as the best in the industry. Under his leadership, Max Life Insurance entered bancassurance relationship with Axis Bank which is today the largest non-captive bancassurance relationship in Indian life insurance sector.

    Apart from his distribution role, Rajesh has also worked on many cross-functional projects and played a key role in defining Max Life Insurance's business strategy and growth plans.

    Prior to joining Max Life Insurance, Rajesh was the Head of Asset Finance business at the largest foreign bank in India, ANZ Grindlays Bank and was seconded as the CEO and MD of the Bank's subsidiary finance company, Esanda Finance and Leasing Ltd. Rajesh started his career with Bank of America and held various positions of increasing responsibility. Rajesh was part of the transition team that managed the successful sale of Bank Of America's consumer banking business to ABN Amro Bank and served as the Head of Consumer Banking Sales.

    Rajesh completed his Advanced Management Program from Wharton Business School, University of Pennsylvania, Philadelphia, USA. He also has a Management post graduation degree in Marketing and Finance from Faculty of Management Studies, Delhi University.

  •  
    Mr. Prashant Tripathy Senior Director and Chief Financial Officer

    Prashant TripathyMr. Prashant Tripathy, Sr. Director and Chief Financial Officer (CFO) at Max Life Insurance spearheads the Corporate Strategy for the company. His key responsibilities stretch across Finance, Strategy and Business Performance & Analysis. In addition, he also leads the verticals of Enterprise Risk Management, Internal Assurance and Procurement & Facilities. Prashant plays a critical role in managing Investor Relations and Communications at Max India, the parent company of Max Life Insurance.

    Prashant joined the company in Feb, 2007 and prior to taking up the current role, Prashant was Director – Strategic Planning & Business Development at Max Life. During this stint, he successfully anchored strategic projects which have gone a long way in redefining the company's strategic direction and business plan. This resulted in Max Life Insurance gaining the eminent position of the largest non-bank private life insurance company. He also leads the company’s initiative on strengthening corporate governance and works very closely with Max Life's Board of Directors and its shareholders.

    With over two decades of work experience, Prashant possesses a wealth of Indian and International experience in the areas of Business Strategy, Financial Planning, Finance Operations, Customer Management and Project Management in the financial services and manufacturing sectors. Before joining the Max Life Insurance family, Prashant completed an 8 year stint with GE and Genpact in India as well as in the UK. In his last assignment at Genpact, he served as Vice President and Global Operating Leader for Finance and Accounting Clients. During his stint with GE in the UK, Prashant headed the Financial Planning and Analysis team for a GE Commercial Finance in the UK. During the early days of his distinguished career, Prashant worked with Tata Steel, Jamshedpur where he was responsible for the operations of a steel plant.

    Prashant holds a Bachelor’s Degree in Chemical Engineering from IIT Kharagpur and has completed his Post Graduate Diploma in Management from IIM Bangalore.

  •  
    Mr. V.Viswanand
    Senior Director and Chief Operations Officer

    viswanandMr. V Viswanand leads Operations & Customer Services, Information Technology and Quality & Service Excellence.
    A "Founder Team Member", Viswanand joined Max Life in 2000. Since then, he has handled a variety of portfolios, both in core distribution and distribution enablement. He first set up Agency channel in South & East India and in 2004 laid the foundations for two new distribution channels for the Company – Bancassurance and Direct Sales Distribution. He has also been instrumental in acquiring and launching India's leading non-captive bancassurance partnership‎ with Axis bank in 2010.

    In his previous role at Max Life, Viswanand was Director & Head - Product Solutions Management. He had taken charge of Products in 2010 and steered the Company through two large transformations, necessitated by regulatory changes. During this period, Max Life witnessed significant improvement in new business market share to emerge as one of India's largest non-bank owned private life insurance company. ‎In this period, he also championed a cross-functional Customer Retention Management team, to drive Persistency levels across the company and emerge best-in-class across the industry on this key measure of success.
    Viswanand has a rich experience in financial services for over 22 years. Prior to Max Life, he was a retail banker with ANZ Grindlays Bank for 9 years, after completing his Masters in Management Studies from BITS, Pilani.

  •  
    Mr. Aalok BhanDirector & Chief Distribution Officer

    viswanandMr. Aalok Bhan, Director and Chief Distribution Officer leads the company's distribution footprint across the nation with the responsibility of managing and driving Agency and all bank partnerships. He is also responsible for acquiring new partnerships to further expand the distribution network of the organization. In his previous role, he led the Product Solutions Management, Corporate & Customer Communication, Customer Research and Distribution Channels Support functions of the company. He also drove the thinking and execution in developing a more comprehensive approach to building a multi-product distribution organization.

    He joined Max Life in 2012 as part of the Executive Management Committee and later transitioned to his role at Max One in 2013. During that period, he was responsible for developing a more holistic approach to Max Life Insurance’s and potentially, the group’s ability to serve customers’ multiple financial and healthcare related products requirements and in the process, strengthen our customer and distributor relationships.

    A Post Graduate in Business Management from IIM Calcutta and a Bachelor in Commerce from Sri Ram College of Commerce, Delhi, Aalok brings with him more than two decades of financial services experience in the retail environment, primarily in the banking sector. He commenced his career with Standard Chartered Bank (1991-2001) in which he played various business roles with the most recent one being Senior Manager - Regional Head Shared Distribution, West India where he was managing the shared distribution business of Standard Chartered bank post the acquisition of ANZ Grindlays bank. He was responsible for managing 14 branches across 3 cities in West.

    Aalok served ABN Amro (2001 to 2008) and Royal Bank of Scotland (post buy over of ABN) till June 2008. He started as the Senior Vice President, Regional Consumer Banking Head, North and in his final stint served them as the Senior Vice President, Global Head NRI Business in which he is credited with creating the NRI Business in ABN Amro Bank, from scratch. He was also a member of the Extended Asia Consumer Management team where his core responsibility was to transfer success for NRI business into other Asia centres like Hongkong and RBS, UK and Natwest Bank. For a brief period, Aalok was with Dresdner Bank AG, India as the CEO (designate) and Managing Director, India before establishing FAB Advisors in mid 2009.

    A professional with a strong strategic orientation and experience in running various businesses, Aalok has had exposure in managing stakeholder interests and aligning the organization to the long term vision of the organization.

  •  
    Mr. Amitabh Lal DasDirector and Head - Legal, Compliance & Regulatory Affairs

    Amitabh Lal DasMr. Amitabh counsels and advises the company on the entire gamut of Legal, Compliance, Company Secretarial, Regulatory and Commercial matters. He is part of the Executive Management Committee of the company and helps define the vision and operating framework for Legal, Compliance and Regulatory function at Max Life Insurance. Apart from providing strategic leadership on all Legal, Compliance and Regulatory matters, including advising the company's leadership and the Board of Directors, Amitabh partners with the Board of Directors and the JV Partners on corporate governance, is responsible for building and managing world class in-house legal capability, working closely with IRDA and other key regulators, and building, institutionalizing and driving compliance awareness and culture.

    Amitabh is qualified to practice law in India as well as UK and brings in strong functional expertise and a well rounded experience base, both international and domestic, founded on nearly two decades of working across the entire spectrum of the legal services spanning litigation in courts and alternative dispute resolution, working in large corporate law firms, and being General Counsel of large MNCs. He joined Max Life Insurance after a seven year stint at Yahoo India, where he served as Senior Legal Director, General Counsel & Head of Government Relations, being responsible for legal affairs of all the India incorporated entities, working on general as well as specialized laws and regulations. He was also responsible for overseeing public policy, Government affairs and Law enforcement, and managing and driving acquisitions for Yahoo in India. Amitabh was part of the regional (Asia Pacific) legal leadership team and led Ethics and Compliance for Asia Pacific. Amitabh also served as a Director on the Board of Yahoo India Private Limited. Prior to joining Yahoo, Amitabh worked with Sapient Corporation as India Legal Director and Head. Amitabh started his career with Vaish Associates - a tax and corporate law firm and thereafter worked with renowned senior lawyers in the Delhi High Court and Supreme Court of India, ran his independent legal practice being Panel Lawyer for ONGC, NTPC, IIBI, Housing Development Finance Corporation, Bank of India and Oriental Insurance Company, and thereafter moved to one of the largest full service Indian law firms before his first in house role at Sapient.

    Amitabh completed his LL.B in 1995 from Campus Law Centre, Delhi University, is a St Stephen's College alumnus and a recipient British Chevening Scholarship for Young India Lawyers, 2000 completing a Diploma in British and EC Commercial Laws and Practice from the College of Law, York, England."

  •  
    Mr. Mihir VoraDirector and Chief Investment Officer

    Mihir VoraMr. Mihir Vora is Director & Chief Investment Officer at Max Life Insurance. He is responsible for creating the Investment strategy and leading all aspects of the company’s Funds Management function.
    A Mechanical Engineer from the Maharaja Sayajirao University, Baroda, Mihir also holds a Post Graduate Diploma in Management from Indian Institute of Management, Lucknow. Additionally he is also a certified Chartered Financial Analyst from the CFA Institute, USA.

    Mihir has more than 20 years of in-depth experience across asset classes including Equity, Fixed Income & Hybrid funds and has previously managed large equity AUM of over USD 1.5 Billion. He has launched and managed a wide gamut of funds including large-cap, mid-cap, multi-cap, sector and thematic funds. He has a long and consistent track record and has successfully turned around fund performance multiple times in his career. He has also in the past, built performing teams and has demonstrated expertise in managing risk and investment processes and systems.

    In his previous assignment, Mihir was with Birla Sun Life Asset Management, where he was working as the Chief Investment Officer – Offshore. His responsibilities included overseeing and growing assets of the offshore business, comprising listed funds and institutional mandates across equity and fixed income strategies. He has also worked with HSBC Global Asset Management and ABN AMRO Asset Management, leading the investment strategy, research and portfolio management for all equities funds. In the initial part of his career, Mihir worked with ICICI Prudential and SBI Funds Management as Fund Manager.

  •  
    Mr. Shailesh SinghDirector and Chief People Officer

    Shailesh SinghMr. Shailesh Singhis Director & Chief People Officer at Max Life Insurance. He is responsible for developing and implementing successful Human Resources strategies that support long term growth and transformation of the organization. As part of transformation agenda, Shailesh is spearheading Max Life's journey to becoming a ‘Great Place to Work’ while benchmarking organizations culture and people practices to the very best. Shailesh introduced Organisation & Talent Review process across organization to systematically and proactively build organizational talent pool and succession plans. Under his leadership focus on supervisory capability and accountability of people agenda has been further strengthened. Shailesh is a firm believer in making Max Life Values come alive through leadership role modelling and embodiment of Values via Business and HR processes. Shailesh is responsible for company’s societal connect and leads Corporate Social Responsibility initiatives.

    Shailesh, with about 25 years of experience, is committed to enhancing culture, creating value for teams and organizations, raising engagement levels and developing talent & leadership to facilitate the delivery of world class people agenda and culture.

    Prior to joining Max Life Insurance, Shailesh has worked in multiple HR leadership roles in GE Energy, GE Supply-chain, GE Capital, SRF Finance, Eicher Tractors and National Dairy Development Board (NDDB). These roles have included a variety of functional disciplines focusing on culture building, learning, rewards management, HR process excellence, organizational development & transformation and human capital transformation in a variety of business cycles, contexts and cultures, nationally and globally.

    In his last assignment with GE, Shailesh served as Country HR Leader for GE India Supply-chain. His responsibilities included HR leadership for GE’s India workforce engaged in manufacturing, sourcing, materials and equipment. In his earlier assignment, he led HR for India operations of GE Energy and played a significant role in establishing India operations as an independent region within GE’s global operations.

    Shailesh served as Region HR Head for GE Energy for Africa, India and Middle-East, based at Dubai, for 5 years. He earlier led HR for GE Capital TFS and served Eicher Tractors and NDDB.

    Shailesh is a Graduate from Delhi University and a post graduate from IRMA, Gujarat.

  •  
    Mr. Manik NangiaDirector & Chief Digital Officer

    maniknagiaMr. Manik Nangia is Director and Chief Digital Officer for Max Life Insurance. He works to create value in the core business of life insurance with digital capabilities to improve how the company attracts and services customers. Moreover, his team is tasked to innovate to discover value from new frontiers in the digital realm. Manik and team are responsible for engaging prospects across communication channels as Brand custodians for Max Life.

    Manik joined the company in 2004 and has played several roles. He developed the Bancassurance business for the company and was instrumental in striking robust partnerships with banks for Life Insurance distribution. In his role as the leader for Product Management, Manik led the company's foray into the retirement and health categories. With more than 20 new propositions that were developed during his tenure, Max Life Insurance established itself as a full suite Life Insurer, playing actively in the protection, savings and annuities market. In his last role as the strategy leader, Manik set up Business Analytics as a Center of Excellence, contributing immensely to all areas of the business value chain.

    Manik is passionate about attracting and developing talent and relentlessly pursues excellence in each part of the business that he has been responsible for. A management graduate from IMT Ghaziabad, he has done stints with other blue-chip financial services organisations namely the ICICI group (consumer banking and Life Insurance) and ABN AMRO Bank.

  •  
    Mr. Jose JohnDirector & Appointed Actuary

    Jose JohnMr. Jose John is Director & Appointed Actuary for the Company in terms of Indian Insurance Regulations. He is responsible for the actuarial function and is a member of Product Actuarial and Risk Management Committee, With Profits Committee, Investments Committee and the Policyholder Protection Committee. Jose joined Max Life Insurance in 2009 and has been overseeing the actuarial aspects of the statutory reporting to the IRDA, shareholders & statutory reporting, Embedded Value and Group Underwriting.

    A Fellow of the Institute and Faculty of Actuaries, UK and Institute of Actuaries of India, Jose John holds a Bachelors Degree in Engineering from Kerala University and an MBA from Cardiff Business School, UK. Prior to joining Max Life Insurance, Jose has worked with Prudential and MetLife in London, UK.

 
 
 
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Our ULIP funds have been ranked amongst the top quartile performers in all categories of funds by Outlook Money.

 
 

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