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Executive Movements

Max Financial Services appoints Gauri Padmanabhan as Independent Director

Max Financial Services Limited announced the appointment of Gauri Padmanabhan as Independent Director on the company’s Board, with effect from August 25, 2022. According to the company’s exchange filing, “we wish to inform that the shareholders of the Company in their 34th Annual General Meeting held on August 25, 2022, approved the appointment of Ms. […]

Categories
Executive Movements

Max Financial Services appoints Amrit Singh as Chief Financial Officer

Max Financial Services Limited announced the appointment of Amrit Singh as Chief Financial Officer of the company, with effect from May 1, 2022. He succeeds Mandeep Mehta, who has resigned from the role of CFO to pursue other career options. According to the company’s exchange filing, “Considering the synergy between the finance role at the […]

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Corporate Global

Mohit Talwar to Continue as Managing Director, Max Financial Services, for Another Year

Max Group, India’s multi-business conglomerate, has announced that Mr. Mohit Talwar, Managing Director of Max Financial Services Limited – one of the three holding companies of the group – will continue with his role for another year till January 15, 2023. Mr. Talwar will provide continuity to the key initiatives that are currently underway. He […]

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News

IRDAI approves swap of Mitsui Sumitomo’s Max Life stake with parent Max Financial Services

Max Financial Services Limited (MFSL) announced that Insurance Regulatory and Development Authority of India (IRDAI) has approved the proposed transfer of 39,47,75,831 equity shares constituting 20.57% of the paid-up equity share capital of Max Life Insurance Company Limited (Max Life) held by Mitsui Sumitomo Insurance Company Limited (MSI) to MFSL in exchange for issuance of […]