Max Financial Services Limited Company Profile: Products, Promoters and Clients

Max Financial Services Company Description:

Max Financial Services Limited, integral to the Max Group since 1988, specializes in investment management and advisory services for Indian group companies. With an 81.83% majority stake, it oversees Max Life Insurance, a key player in India's insurance sector, offering comprehensive life insurance solutions through strategic partnerships and customer-centric approaches. 

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Additionally, Max Life Pension Fund Management Ltd., a wholly-owned subsidiary of Max Life Insurance, manages assets worth over Rs. 1 lakh crore. Registered as a Pension Fund Manager (PFM) under the Pension Fund Regulatory & Development Authority (PFRDA), it handles pension corpus for NPS subscribers. Led by seasoned executives, the team excels in investing and managing diversified asset classes.

Q1. What are the Product and service offerings of the company?

Max Financial services provide Life Insurance and Pension Fund Management services through its Life Insurance Arm.

Q2. Who are the Promoters/Management of the company?

Analjit Singh is the Founder & Chairman of The Max Group, a $5 billion Indian conglomerate with interests in insurance, real estate, and senior living. He's also involved in Leeu Collection, a group of boutique hotels and wineries. Singh holds numerous accolades including the Padma Bhushan, India's second-highest civilian honor. 

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Mr. Aman Mehta, an Independent Director, retired as CEO of HSBC Asia Pacific in January 2004, following a 35-year global career. He returned to India permanently and now serves as an Independent, Non-Executive Director on numerous boards of public companies and institutions in India and abroad.

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                                                      Written By: Khush Kothari