CEO & Managing Director, Max New York Life Insurance

Rajesh Sud was appointed CEO and Managing Director with effect from November 1, 2008 of Max New York Life Insurance, the first Indo – American joint venture business to start operations in 2001 when the insurance sector was opened to private participation. A founder team member, Rajesh was amongst the first few management team members to join Max New York Life Insurance.

He leads the company towards achieving its vision of being the most admired life insurance company in the country.

Prior to this, Rajesh was responsible for establishing a multi channel distribution network for the individual life business. Rajesh has successfully established Agency as the core channel for the company with strong focus on process, training and productivity. These strong foundations have allowed Max New York Life Insurance to rapidly grow to pan India presence with a professional and trained sales force, which is widely regarded as the best in the industry.

Apart from his distribution role, Rajesh has also worked on many cross-functional projects and Played a key role in defining Max New York Life’s business strategy and growth plans.

Prior to joining Max New York Life Insurance, Rajesh was the Head of Asset Finance business at the largest foreign bank in India, ANZ Grindlays Bank and was seconded as the CEO and MD of the Bank's subsidiary finance company, Esanda Finance and Leasing Ltd. Rajesh started his career with Bank of America and held various positions of increasing responsibility. Rajesh was part of the transition team that managed the successful sale of Bank Of America’s consumer banking business to ABN Amro Bank and served as the Head of Consumer Banking Sales.

Rajesh completed his Advanced Management Program from Wharton Business School, University of Pennsylvania, Philadelphia, USA. He also has a Management post graduation degree in Marketing and Finance from Faculty of Management Studies, Delhi University.

Chief Operating Officer, Max New York Life Insurance

Rajit Mehta was appointed Chief Operating Officer with effect from November 1, 2008 at Max New York Life Insurance Company. Rajit is a founder team member of the Max New York Life team and has seen the company through its formative years and in dealing with the challenge of recruiting the best talent available in the marketplace and building team spirit among people from diverse backgrounds in his role as head of HR function. He is responsible for managing the operations, customer service, and Information Technology.

Rajit has made significant contributions in setting up and growing Max New York Life. Besides establishing robust Human Resources practices, he has played an important role in strategic interventions in the area of Sales, Operations and Customer Services. Today Max New York Life has well over 16,500 employees across all parts of the country. Under his able leadership the HR function has gained respect and credibility internally, in the market place and with our shareholders. His efforts were recently recognized when Max New York Life Insurance was ranked 7th in BT-Mercer-TNS Best Companies to Work For survey.

Rajit has been instrumental in conceptualizing and setting up Max Vijay, an innovative business model to service underserved market and provide solutions for their protection and wealth creation needs.

Prior to joining MNYL, Rajit was Director - Personnel at Bank of America. One of his key achievements was to help set up the bank's Retail Banking Division and facilitate Management Development Training for Asia and Australia. Rajit effectively managed two of the most successful Exit Programs in the banking industry including the sale of Retail Operations to ABN AMRO bank. He has successfully led Bank of America's strategy to outsource its entire Personnel & Administration functions. Rajit has also worked with HCL-Hewlett Packard.

Sr. Director, New Business SBU Max New York Life Insurance

Anil Mehta is the in-charge of new business initiative, Max Vijay. He has been involved in the development of concept and its implementation right from the beginning. Before the launch of Max Vijay, Anil Mehta also headed the the company’s sales efforts to large corporate houses. He earlier led the company’s Product Management team through coordination across all functions and transfer of best practices from New York Life. Prior to his appointment at MNYL, Anil was regional Head of Credit, Personal Finance Services, Middle East and South Asia at ANZ Grindlays Bank. He has been responsible for Risk Management and Product Development Support for Personal Financial Services. Anil has also worked as Director Risk Management, Personal Financial Services at American Express Bank Limited. He also worked at Bank of America in the Consumer Credit and Operations.