Max Life Insurance Management Team

Max Life Insurance Management Team

Prashant Tripathy

Managing Director & Chief Executive Officer

A seasoned professional with over two decades of experience across Finance, Organisational Strategy, Operations, Risk Management and Investor Relations, Prashant Tripathy leads Max Life Insurance as the Managing Director & Chief Executive Officer. Having spent 12 years with the Company, Prashant was earlier the Chief Financial Officer of the Company, spearheading Financial Management and the Corporate Strategy, as well as playing a critical role in managing Investor Relations and Communications for Max Financial Services Ltd., the parent company of Max Life Insurance.

Prashant joined Max Life as Head of Strategy in 2007 and led all organizational strategic initiatives on growth and profitability. In his eight years’ tenure as the CFO, Prashant played a pivotal role in positioning Max Life Insurance as a respected private life insurance company. A keen strategist, he helped navigate the organization through several regulatory changes and corporate actions. Through his years with the company, Prashant has anchored Max Life’s efforts towards expansion, growth and strategic partnerships.

It is during his tenure as CFO, that Max Life gained market share and grew to be the fourth largest private life insurer and the largest non-bank promoted private life insurance company in India. Through this period, margins, Return on Embedded Value (RoEV) and other financial outcomes of Max Life, all witnessed consistent growth.

Prashant is passionate about people, be its customers, partners or employees. He brings with him a strong focus on building a customer- centric culture in the organization, and on delivering “real value” to customers at every moment of truth. His mantra for employees is deep-rooted in his belief in the values of the organization and respect for the uniqueness and diversity each and every employee brings to the organization.

Prior to joining Max Life Insurance, Prashant was associated with GE and Genpact for eight years in India as well as 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 degree in Chemical Engineering from IIT Kharagpur and is a Post Graduate in Management from IIM Bangalore.

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Deputy Managing Director

An industry veteran with a dynamic presence in the financial services sector for nearly three decades, V. Viswanand is Deputy Managing Director at Max Life Insurance and a member of the Board. In his role, he is responsible for Distribution, including Proprietary Channels, Bancassurance and Third Party Business, Institutional Sales, Business Development and Distribution Operations. He also steers the strategic direction and growth of the company through his deep involvement in the strategy formulation processes. Additionally, he leads the Max Skill First training partnership as well as the Procurement and Facilities functions.

A Founder Team Member of Max Life, Viswanand has been associated with the Company for nearly two decades and has consistently demonstrated qualitative leadership across diverse verticals including Agency, Banccasurance, Direct Sales, Product Development, Persistency management, Operations, Technology, Quality, Innovation & Service Excellence. In his previous role at Max Life Insurance, Viswanand was Senior Director and COO. Prior to that he was Director & Head - Product Solutions Management wherein he enabled two large scale transformations in the face of regulatory changes which resulted in significant increase in market share of the company.

Over the years, Viswanand has played an instrumental role in not only propelling Max Life to emerge as the industry leader in Customer Retention, Claims Paid Ratio and Customer Loyalty but also had led the Company’s wins in several global and national accolades in Quality and Technology, including the coveted Gold medal at ASQ, USA and RBNQA.

Prior to joining Max Life Insurance, Viswanand was a retail banker with ANZ Grindlays Bank for nearly a decade. He holds a Master’s degree in Management Studies from BITS, Pilani. 

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Mihir Vora

Director & Chief Investment Officer

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.

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Aalok Bhan

Director & Chief Marketing Officer

A leader with long standing expertise of over two decades in financial services and banking, Aalok Bhan leads the Marketing function at Max Life as Director and Chief Marketing Officer. In his role, Aalok oversees the company’s Product, Branding and Corporate Communication strategies towards strengthening Customer-Oriented Product Design strategies, Brand Positioning and Marketing, as well as managing all Corporate & Internal Communications.

Aalok joined Max Life in 2012 as part of the Executive Management Committee and later transitioned to establish Max One in 2013. After a brief stint as the Head of Product, Marketing and Corporate Communications, in October 2016, he assumed the responsibility of Chief Distribution Officer. Under his leadership, Aalok led the company's distribution footprint across the nation with the responsibility of managing and driving Agency and all bank partnerships, further strengthening the company’s multi-channel distribution architecture and growing its market share.

Prior to joining Max Life Insurance, Aalok was briefly with Dresdner Bank AG, India as the CEO (designate) and Managing Director, before establishing FAB Advisors in mid-2009.  He also worked with ABN Amro Royal Bank of Scotland (post buy over of ABN) from 2001 to 2008 and with the Standard Chartered Bank for a decade (1991-2001). Aalok is a Post Graduate in Business Management from the Indian Institute of Management, Calcutta and holds a Bachelor’s degree in Commerce from Sri Ram College of Commerce, Delhi. 

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Amitabh Lal Das

Director and Head - Legal, Compliance & Regulatory Affairs

Amitabh Lal Das counsels and advises the company on the entire gamut of Legal, Compliance, Company Secretarial, Regulatory, Policy Advocacy and Commercial matters as Director and Head - Legal, Compliance & Regulatory Affairs at Max Life Insurance. As part of his role, Amitabh defines the vision and operating framework for Legal, Compliance and Regulatory function at the Company..

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 Joint Venture Partners on corporate governance, is responsible for building and managing world class in-house legal, compliance and corporate governance capability, working closely with IRDA and other key regulators, and building, institutionalizing and driving compliance awareness and culture. He is also the champion for the Company’s D&I initiative.

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 and a half 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 in 2014 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. 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 as well.

Amitabh completed his L.L.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.

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Shailesh Singh

Director & Chief People Officer

With over 25 years of experience in delivering world-class people agenda and culture, Shailesh Singh is 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 has led Max Life's journey to becoming a ‘Great Place to Work’ while benchmarking organizations culture and people practices to the very best. Shailesh is committed to enhancing culture, creating value for teams and organizations, raising engagement levels and developing talent & leadership.

Shailesh introduced Organization & 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 also responsible for company’s societal connect and leads Corporate Social Responsibility initiatives.

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). Shailesh served as Region HR Head for GE Energy for Africa, India and Middle-East, based at Dubai, for 5 years.

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

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Jose John

Director & Appointed Actuary

Jose John heads the Actuarial function at Max Life Insurance as Director & Appointed Actuary, alongside strengthening the company’s internal governance and risk management capabilities.

Over the course of his decade long association with Max Life Insurance, he has made significant contribution in advancing Max Life’s capabilities in core actuarial areas as well as areas related to risk management in general. He has led the actuarial assessments on a variety of critical projects ranging from Financial Reporting to M&A , resulting in superior management information and stakeholder value creation.

Prior to joining Max Life Insurance, Jose had spent most of his career in the UK where he worked with Prudential and MetLife. He is a Fellow of the Institute and Faculty of Actuaries, UK and Institute of Actuaries of India. In addition, Jose holds an MBA from the Cardiff Business School, UK.

Manu Lavanya

Mr. Manu Lavanya

Director & Chief Operations Officer 

Manu Lavanya is the Chief Operating Officer of Max Life Insurance. Manu has more than two decades of valuable experience in successfully creating, transforming and scaling IT business across multiple industry domains and geographies including the US, Latin America, Eastern Europe, UK and India. Manu leads the “Fulfillment group” that comprises Operations, Information Technology, Underwriting & Claims, Digital Transformation and Quality, Innovation & Service Excellence. As COO, Manu plays an instrumental role in enhancing the Operations value chain, leading our Digital Transformation agenda and strengthening the Quality culture thereby helping us craft superior customer experiences.

Before Max Life, Manu was the Global COO at Incedo. Prior to Incedo, he created and scaled Brillio, a global digital services start-up. He has previously held multiple leadership roles with Cognizant and ITC.

Manu is an ISB graduate and holds a Bachelor’s degree in Technology from IIT Kanpur