Max Life Insurance, a material subsidiary of Max Financial Services, has a new Chairman, Rajiv Anand. This follows the stepping down of Analjit Singh from the Chairmanship and membership of the Board of Directors of Max Life Insurance.

• The Board of Directors of Max Life Insurance noted the resignation of Analjit Singh and approved the appointment of Rajiv Anand as the Chairman of the Board, Max Financial Services said in a filing with the stock exchanges.
• Before this elevation, Anand, a non-executive director of Max Life, was nominated by Axis Bank Ltd as Chairman of Max Life Insurance.
• In his resignation letter, Singh said “As the promoter of Max Financial Services and Max Life Insurance Company, it has been most fulfilling and rewarding to be an integral part of the start-up and witnessing the Company’s achievements and growth over the last 23-24 years”.