Analjit Singh appointed as chairman of Max Financial Services Ltd

At its meeting earlier Monday, the Board of Max Financial Services (MFS), holding company of life insurance business of $3 billion Max Group announced the appointment of Analjit Singh as non-executive chairman of the company in a filing to stock exchanges.

Max Financial Services is the listed holding company for Max Life Insurance Company and was formed soon after the demerger of Max India Limited. That demerger resulted in the creation of three independent listed entities, namely, Max Financial Services, Max India Limited and Max Ventures & Industries Limited, collectively comprising the Max Group.

Analjit Singh is the sponsor and principal shareholder of MFS, Max India and MVIL. He replaces Ms. Naina Lal Kidwai who was appointed Chairman of Max Financial Services on 15th January, 2016.