Board of

Directors

Dr. S.S.BAIJAL

Mentor

Dr. Baijal served ICI (India) Limited for over 35 years and was the Chairman of ICI companies in India from 1983 to 1987. He then played an active role on the Board of the erstwhile Max India from 1998 till 2009, where he added immense value to the company. He was the Chairman of Max India during the years 1998-2000. On his retirement from the Board in 2009, he was elevated to the position of 'Chairman Emeritus' and to ‘Mentor’ in 2015 after the demerger of the erstwhile Max India.

Mr. MOHIT TALWAR

Managing Director

Mr. Mohit Talwar is the Managing Director of Max Financial Services and Max India, and Vice Chairman of Max Ventures & Industries Limited (MaxVIL). In addition, he is the Chairman of Max Speciality Films and serves on the Boards of Max Life Insurance, Max Healthcare, Max Bupa and Antara Senior Living.


As the Deputy Managing Director of the erstwhile consolidated Max India Limited, he 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 Group’s operations. He has played a central role in executing key transactions including the setting up of Max Bupa Health Insurance, bringing on board MS&AD Insurance Group Holdings as the new JV partner for Max Life, Life Healthcare’s entry in Max Healthcare, and later the equalization of its stake in the business, and completingthe mega-restructuring of the erstwhile Max India into three new listed companies, which received a significantly positive reaction from capital markets. In his new role, Mr. Talwar was instrumental in executing a stake repurchase transaction with IDFC Limited,and more recently a transaction with IFC to repurchase its stake in Max Healthcare. He has also overseen key transactions in MaxVIL, including the induction of Toppan Group as a JV partner in Max Speciality Films, and a 22.5% stake sale to New York Life’s subsidiary.


Mr. Talwar has a wealth of experience in Corporate Finance and Investment Banking, and spent 24 years in Wholesale Bankingin Standard Chartered, ANZ Grindlays and Bank of Nova Scotia.

Mr. D.K. MITTAL

Independent Director

Mr. D. K. Mittal is a former Indian Administrative Service (IAS) officer from the batch of 1977 and has served the Government of India in various capacities, including Secretary, Department of Financial Services, Secretary, Ministry of Corporate Affairs and Additional Secretary, Department of Commerce. Mr. Mittal has hands on experience in Infrastructure, International Trade, Urban Development, Renewable Energy, Agriculture Development and MicroCredit, Corporate Governance, Banking, Insurance, Pension and Finance. He holds a Master’s degree in physics with specialisation in Electronics from the University of Allahabad, India.

Mr. ANALJIT SINGH

Founder and Chariman Emeritus, Max Group

Mr. Analjit Singh is the Founder and Chairman Emeritus, Max Group, and Chairman of Max Ventures & Industries and Antara Senior Living. An industry statesman, he was awarded the Padma Bhushan, one of India’s top civilian honours in 2011. He is also the Chairman of Vodafone India, and is on the Board of Sofina NV/SA, Belgium. He 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.


Mr. Analjit Singh is a member of the Founder Executive Board of the Indian School of Business (ISB) and has served as Chairman of Board of Governors of the Indian Institute of Technology (IIT), Roorkee. He was awarded the Ernst and Young Entrepreneur of the Year Award (Service Category) in 2012 and the US India Business Council Leadership Award in 2013. In 2014, he was awarded with Spain’s second highest civilian honour, the Knight Commander of the Order of Queen Isabella. He is an alumnus of Doon School and Shri Ram College of Commerce (SRCC), Delhi University, and holds an MBA from Boston University. He also serves as the Honorary Consul General of the Republic of San Marino in India.

Mr. ASHOK KACKER

Independent Director

Mr. Kacker, M. Sc. (Physics), University of Allahabad (Topper of the 1972 batch), has more than 3 decades of experience in the Government as an Indian Revenue Service (IRS) Officer. He has served as Chief Commissioner of Income Tax and held senior positions both in executive capacities and policy formulation roles. He has also served as Executive Director with Securities Exchange Board of India (SEBI) and invarious capacities in committees set up by SEBI. He is the Founder and Managing Partner of A.K. Advisors and Consultants, an Advisory Company in the area of financial services and Group Advisor with the India Bulls Group of Companies.

Prof. DIPANKAR GUPTA

Independent Director

Professor Gupta has spent 3 decades at Jawaharlal Nehru University (JNU) as faculty and is considered among India’s foremost authority on Indian Sociology. He was till recently a member of the Board of the RBI, NABARD, National Standards Broadcasting Authority, and the Doon School. He started the Business Ethics and Integrity Division of KPMG, India, which he led until 2003 and then served as its Senior Advisor. He is the author and editor of 20 books including, “The Caged Phoenix: Can India Fly?” re-published by Stanford University Press. His most recent book is titled “QED: India Tests Social Theory” (Oxford University Press; 2017). He was awarded Chevalier De L’Ordredes Artset des Lettres (Knight of the Order of Arts and Letters) by the French Government. Professor Gupta served for three years till 2015 as Distinguished Professor in Shiv Nadar University

Mr. RAHUL KHOSLA

Chairman

Mr. Rahul Khosla is a seasoned business leader with deep management experience,broad leadership skills and wide business perspectives developed over the last 31 years of working in India and globally. He is currently President of the Max Group, and also serves as Executive President, Max Financial Services; Chairman, Max India; Chairman, Max Life Insurance; and Chairman, Max Healthcare. He also serves on the Boards of Antara Senior Living and Max Bupa Health Insurance Company.


Under his leadership, the Max Group has delivered superior financial performance, significantly grown market capitalization, and concluded seminal corporate transactions. He also led the megarestructuring of the erstwhile Max India into three new listed entities. Before joining Max, Mr. Khosla spent 11 years based in Singapore as the Group Head of Products at Visa Inc for Asia Pacific, Central Europe, Middle East and Africa, following his role atVisa Inc as Chief Operating Officer for the Asia Pacific region. He held several senior roles prior to this – as Country Head for ANZ Grindlays’ consumer banking businesses in India; Head of Retail Assets, Strategy, Finance and Legal at Bank of America.


Mr. Rahul Khosla served as President, NatHealth, India’s leading multi-stakeholder platform for healthcare organizations in 2016 and is the President of the FICCI Committee on Health Services. In addition, he serves on the Executive Board of the Indian School of Business (ISB), one of Asia’s top B-Schools.

Mr. ASHWANI WILNDLASS

Non-Executive Director

Mr. Ashwani Windlass was part of the founding team at the erstwhile Max India, having served the Max Group in different capacities including as its Joint MD as well as MD, Hutchison Max Telecom from 1994 until 1998. He has continued as a Board member of the Company ever since. He has been the Chairman, MGRM (Asia-Pac) and Vice Chairman, and the MD of Reliance Telecom. He serves on leading advisoryand statutory Boards, including acting as Chairman SA&JVs, MGRM Inc., USA, and member at Antara Senior Living Limited, Max Ventures Pvt. Ltd., Vodafone India Ltd. and Hindustan Media Ventures Ltd. He holds degrees in B.Com (Gold Medal),Bachelor of Journalism and MBA.

Mrs. TARA SINGH VACHANI

Non-Executive Director

The CEO and Managing Director of Antara Senior Living, Mrs. Tara Singh Vachani holds a thorough understanding of senior living. Her knowledge is backed by over three years of extensive research of senior living communities in India and internationally. She is the youngest member to join the board of Max India as the Non-Executive Director. Before venturing into senior living, she worked with the Corporate Development team at the erstwhile consolidated Max India Limited being actively engaged in philanthropy through her involvement with Max India Foundation. Mrs. Vachani majored in Politics and South Asian studies at the National University of Singapore followed by courses from renowned institutions such as London School of Economics and Management at Ecole hotelier de Lausanne, Switzerland.


Mrs. Vachani is the youngest child of Mr. Analjit Singh. She is married to Mr. Sahil Vachani and lives in Delhi.

MAX HEALTHCARE INSTITUTE LIMITED

Mr. Analjit Singh Chairman Emeritus
Mr. Rahul Khosla Chairman
Dr. Pradeep Kumar Chowbey Executive Vice Chairman
Mr. Rajit Mehta Managing Director and CEO
Mr. Adam Mills Pyle Non-Executive Director
Dr. Ajit Singh Non-Executive Director
Mr. K. Narasimha Murthy Independent Director
Mr. Mohit Talwar Non-Executive Director
Dr. Omkar Goswami Independent Director
Mr. Petrus Phillippus Van Der Westhuizen Non-Executive Director
Ms. Roshini Bakshi Independent Director

MAX BUPA HEALTH INSURANCE COMPANY LIMITED

Mr. Rajesh Sud Chairman
Mr. Rahul Khosla Co-Vice Chairman
Mr. David Martin Fletcher Co-Vice Chairman
Mr. Ashish Mehrotra Managing Director and CEO
Dr. Burjor P. Banaji Independent Director
Mr. John Howard Lorimer Non-Executive Director
Ms. Joy Carolyn Linton Non-Executive Director
Mr. K. Narasimha Murthy Independent Director
Ms. Marielle Theron Non-Executive Director
Mr. Mohit Talwar Non-Executive Director
Mr. Pradeep Pant Independent Director

MAX SKILL FIRST LIMITED

Mr. Rajesh Sud Chairman
Ms. Marielle Theron Non-Executive Director
Mr. Rajit Mehta Non-Executive Director

ANTARA SENIOR LIVING LIMITED

Mr. Analjit Singh Chairman
Mrs. Tara Singh Vachani Managing Director and CEO
Mr. Ashwani Windlass Non-Executive Director
Mr. Mohit Talwar Non-Executive Director
Mr. Pradeep Pant Independent Director
Mr. Rahul Khosla Non-Executive Director
Mr. Rohit Kapoor Non-Executive Director
Ms. Sharmila Mansur Ali Tagore Independent Director
Dr. Shubnum Singh Non-Executive Director

MAX INDIA FOUNDATION

Mr. Analjit Singh Managing Trustee
Ms. Archana Pandey Trustee
Mr. P. Dwarakanath Trustee
Mr. Rajesh Sud Trustee
Mr. Rajit Mehta Trustee
Ms. Sujatha Ratnam Trustee