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Max Group Makes Significant Changes in the Management before the Transition

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CEO Insights team

CEO Insights team

Max Group, one of India’s leading multi-business conglomerates, announced that Rahul Khosla, the current Group President will be the Group Advisor effective 1 April, 2019 as part of the transition. Along with that, Analjit Singh will be the Chairman of Max India and Life which is currently held by Rahul. Further, Mohit Talwar will be elevated to the position of Group Vice Chairman and represent the Group on the Founders behalf and support the respective CEO’s in their operating business.

Analjit Singh, Founder & Chairman Emeritus, Max Group, says, “Rahul joined the Max Group in August 2011, which was at the cusp of my shift to a non-executive role and allowed me to pursue other initiatives. That journey could not have been possible without Rahul taking on the mantle of Managing Director and subsequently as Group President. Together, Rahul and the team have implemented what ought to be seen as a ‘benchmark’ of succession from sponsor to seasoned professionals leading the Group in various businesses. During his tenure, Rahul successfully delivered on the agenda of value creation and growth of our Group’s businesses, while strengthening our organization, brand, governance and reputation. I count on his continued support as an advisor to the Group for the new developments on the horizon”.

The whole move is in line with the transition plan announced last year and Rahul will demit his role as Chairman, Max Healthcare once all the regulatory approvals for the transaction with KKR- Radiant are received. Also, Mohit will be representing the Group on the Founders behalf and support the respective CEO’s in their operating businesses.