Founder & Chairman Emeritus, Max Group Chairman, Max Ventures & Industries Limited
Mr Analjit Singh is the Founder Chairman Emeritus of The Max Group a $3 billion multi business enterprise, with interests in life insurance (Max Life), health care (Max Healthcare), health insurance (Max Bupa) and senior living (Antara). Max Group is renowned for service excellence and has successful joint ventures with some of the pre-eminent firms of the world including Mitsui Sumitomo of Japan, Life Healthcare of South Africa and Bupa Plc of the United Kingdom. Earlier partners include, New York Life Insurance Company, Hutchison Whampoa, Motorola and Lockheed Martin.
Amongst his private businesses, Mr Analjit Singh has significant interests in real estate in India and lifestyle related ventures in the Western Cape, South Africa, pertaining to viticulture, wine making and hospitality. The activities are centred around the Franschhoek Valley and Riebeek-Kasteel in the Swartland region of the Western Cape, South Africa.
A self-made entrepreneur Mr Analjit Singh was awarded Padma Bhushan, India’s third highest civilian honour, by the President of India in 2011.
An alumnus of The Doon School and Shri Ram College of Commerce, University of Delhi, Mr Analjit Singh holds an MBA from Graduate School of Management, Boston University. He has been conferred with a honorary doctorate by Amity University.
Professionally, he is the non-executive Chairman of Vodafone India. He served on the Board of Tata Global Beverages and resigned in December 2016. He also serves on the board of Sofina NV/SA, Belgium. Till recently, he served as Chairman of the Doon School.
Mr. Analjit Singh is a member of the Founder Executive Board of the Indian School of Business (ISB), India’s top ranked B-School, and has served as Chairman of Board of Governors of the Indian Institute of Technology (IIT), Roorkee- India’s oldest and most prestigious engineering college. He has instituted a scholarship fund for meritorious management students from India at his alma mater-Graduate School of Management-Boston University. The scholarship runs under the rubric MAS (Max Analjit Singh Scholarship).
Mr Analjit Singh is a member of the Prime Minister’s Indo UK CEO council. In past he has also served on the Prime Minister’s Indo US CEO council. Mr Analjit Singh has also served as the co-chair of Prabodhan, a unique forum for facilitating closer and more effective engagement between European and Indian decision makers and opinion leaders with Mr Ratan Tata-Chairman Emeritus of Tata Group and Vittorio Colao-Group Chief Executive of Vodafone as co-patrons.
He has been felicitated by Senator Hillary Clinton, former US Secretary of State on behalf of Indian American Centre for Political Awareness for his outstanding achievement in presenting the international community with an understanding of a modern and vibrant India and for creating several successful joint ventures with leading American companies and promoting business ties with the USA.
He has been honoured with the Ernst and Young Entrepreneur of the Year Award (Service Category) and the Golden Peacock Award for Leadership and Service Excellence. In 2014 he was awarded with Spain’s second highest civilian honour, the Knight Commander of the Order of Queen Isabella and the Distinguished Alumni Award from Boston University.
He also serves as the Honorary Consul General of the Republic of San Marino in India.
President, Max GroupChairman, Max India Limited
Mr. Rahul Khosla is a seasoned business leader with deep management experience, broad leadership skills and wide business perspectives, developed over a global career spanning more than 35 years. He is currently President, Max Group and Executive President, Max Financial Services. In addition, he is the Chairman of the Boards of Max India, Max Life Insurance and Max Healthcare. He also serves on the Boards of Max Bupa Health Insurance and Antara Senior Living.
As Group President, Mr. Khosla holds the highest executive position in the Max Group. He is responsible for group strategy, corporate governance, overall management of group capital, performance, human capital, partnerships, policies, brand, reputation and external representation, while deepening the Group’s framework of core values.
Till January 2016, Mr. Khosla was the Managing Director of the erstwhile consolidated Max India Limited. Under his leadership, the Max Group has delivered superior financial performance, significantly grown market capitalization, and concluded seminal corporate transactions. He also led the mega-restructuring of the erstwhile Max India into three new listed entities.
Mr. Khosla served as President, NatHealth, India’s leading multi-stakeholder platform for healthcare organizations in 2016, and as the Chairman of the FICCI Committee on Health Services in 2017. In addition, he serves on the Executive Board of the Indian School of Business (ISB), one of Asia’s top B-Schools.
Before joining Max, Mr. Khosla spent more than a decade in Singapore as the Group Head of Products at Visa Inc. for Asia Pacific, Central Europe, Middle East and Africa, following his role at Visa Inc. as Chief Operating Officer for the Asia Pacific region. He held several senior roles prior to that – as Country Head for ANZ Grindlays’ consumer banking businesses in India; Head of Retail Assets, Strategy, Finance and Legal at Bank of America; CFO for the American Express TRS businesses for India and South Asia, and as a Business Leader to help set up a pioneering in-house global processing facility for American Express.
He is a Fellow Member of the Institute of Chartered Accountants of India, an Economics graduate from St. Stephens College, Delhi and completed his schooling at St. Xavier’s in Delhi.
Managing Director, Max India Limited & Max Financial Services Limited Vice Chairman, Max Ventures & Industries Limited
Mr. Mohit Talwar is the Managing Director of Max Financial Services and Max India. In addition, he is the Vice Chairman of Max Ventures & Industries Limited (MVIL), Chairman of Max Speciality Films and serves on the Boards of Max Life Insurance, Max Healthcare, Max Bupa and Antara Senior Living.
Till January 2016, Mr. Talwar was the Deputy Managing Director of the erstwhile consolidated Max India Limited. In this role, Mr. Talwar led on multiple fronts including effective shareholder alignment – especially with Max Group’s valued joint venture partners, progressing new business opportunities – both organically and inorganically, ensuring appropriate funding arrangements for the Group, optimizing capital management and treasury, managing investor and analyst relations and advising management and shareholders on capital market implications. In his tenure with the Max Group, he has successfully leveraged his strong relationships with institutional investors, hedge funds, banks and private equity firms, and led several complex corporate finance and financial structuring deals to ensure adequate investment and liquidity for the Company’s operations. He spearheaded the setting up of Max Bupa Health Insurance, the Health Insurance Joint Venture of Max India with Bupa. Mr. Talwar is also responsible for driving synergies across the Max Group and has played a central role in executing key transactions across Group companies. These include, among others, bringing on board MS&AD Insurance Group Holdings, a Japan-headquartered global insurance company, as the new joint venture partner for the Group’s life insurance business, Life Healthcare’s investment of 26% in Max Healthcare, and later the equalization of its stake in the business.
In his new role, Mr. Talwar has been instrumental in executing the stake repurchase transaction with IDFC Limited and in completing the mega-restructuring of the erstwhile Max India into three new listed companies, which received a significantly positive reaction from the capital markets. He is now closely involved with the execution of a three-way merger of Max Life Insurance Company and Max Financial Services with HDFC Standard Life to create India’s largest private life insurance company.
Mr. Talwar has a wealth of experience in Corporate Finance and Investment Banking, and spent 24 years in Wholesale Banking in Standard Chartered, ANZ Grindlays and Bank of Nova Scotia.