In his new appointment, he would be replacing, Rahul Khosla, the current chairman of Max Life and Max India and president of the group.
In addition, he is also the chairman of Max Ventures and Industries, the real estate and packaging business of the group. With this appointment, Singh will become the non-executive chairman of all the major companies of Max Group.
His appointment is made in alignment with the current chairman of Max Life and Max India and president of the group Rahul Khosla’s retirement that is expected by March-end after completing his current term.
Further, Max India is expected to make further alterations in leadership roles.
The company is also planning to name Mohit Talwar as group vice Chairman and will be the senior-most professional in the group. At present, he is serving as the Managing Director of Max India and Max Financial Services and is also the Vice Chairman of Max-Ventures and Industries.