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Money & Banking - Life Insurance
Max New York organisational rejig

Our Bureau

New Delhi, May 15 Max New York Life Insurance (MNLI) on Thursday announced various changes in organisational structure as part of its growth strategy for the Indian market.

The key new appointments are those of Mr Rajesh Sud as Deputy Managing Director and of Mr Rajit Mehta as Deputy Chief Operating Officer, both assisting the CEO and Managing Director, Mr Gary Bennett. In addition, Max New York Life has promoted several more senior executives, creating focused vertical responsibilities to boost targeted growth strategies.

Announcing the organisational changes, Mr Analjit Singh, Chairman, Max New York Life Insurance, said: “In order to achieve targets, we will need to concentrate and converge strengths. Towards this end, the company has strengthened senior positions to focus responsibilities aggressively as well as integrate related areas of activity.”

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