Founder & Chairman Emeritus, Max Group Chairman, Max Ventures & Industries Limited
Mr Analjit Singh is the Founder Chairman Emeritus of The Max Group a $3 billion multi business enterprise, with interests in life insurance (Max Life), health care (Max Healthcare), health insurance (Max Bupa), senior living (Antara). Max Group is renowned for service excellence and has successful joint ventures with some of the pre-eminent firms of the world including Mitsui Sumitomo of Japan, Life Healthcare of South Africa and Bupa Plc of the United Kingdom. Earlier partners include, New York Life Insurance Company, Hutchison Whampoa, Motorola and Lockheed Martin.
Amongst his private businesses, Mr Analjit Singh has significant interests in real estate in India and lifestyle related ventures in the Western Cape, South Africa, pertaining to viticulture, wine making and hospitality. The activities are centred around the Franschhoek Valley and Riebeek-Kasteel in the Swartland region of the Western Cape, South Africa.
A self-made entrepreneur Mr Analjit Singh was awarded Padma Bhushan, India’s third highest civilian honour, by the President of India in 2011.
An alumnus of The Doon School and Shri Ram College of Commerce, University of Delhi, Mr Analjit Singh holds an MBA from Graduate School of Management, Boston University. He has been conferred with a honorary doctorate by Amity University.
Professionally, he is the non-executive Chairman of Vodafone India. He served on the Board of Tata Global Beverages and resigned in December 2016. He also serves on the board of Sofina NV/SA, Belgium. Till recently, he served as Chairman of the Doon School.
Mr. Analjit Singh is a member of the Founder Executive Board of the Indian School of Business (ISB), India’s top ranked B-School, and has served as Chairman of Board of Governors of the Indian Institute of Technology (IIT), Roorkee- India’s oldest and most prestigious engineering college. He has instituted a scholarship fund for meritorious management students from India at his alma mater-Graduate School of Management-Boston University. The scholarship runs under the rubric MAS (Max Analjit Singh Scholarship).
Mr Analjit Singh is a member of the Prime Minister’s Indo UK CEO council. In past he has also served on the Prime Minister’s Indo US CEO council. Mr Analjit Singh has also served as the co-chair of Prabodhan, a unique forum for facilitating closer and more effective engagement between European and Indian decision makers and opinion leaders with Mr Ratan Tata-Chairman Emeritus of Tata Group and Vittorio Colao-Group Chief Executive of Vodafone as co-patrons.
He has been felicitated by Senator Hillary Clinton, former US Secretary of State on behalf of Indian American Centre for Political Awareness for his outstanding achievement in presenting the international community with an understanding of a modern and vibrant India and for creating several successful joint ventures with leading American companies and promoting business ties with the USA.
He has been honoured with the Ernst and Young Entrepreneur of the Year Award (Service Category) and the Golden Peacock Award for Leadership and Service Excellence. In 2014 he was awarded with Spain’s second highest civilian honour, the Knight Commander of the Order of Queen Isabella and the Distinguished Alumni Award from Boston University.
He also serves as the Honorary Consul General of the Republic of San Marino in India.
Managing Director And CEO, (Max Ventures And Industries Limited)
Sahil Vachani is the Managing Director and CEO of Max Ventures and Industries Limited (MaxVIL), and was recently appointed as a Director on the Boards of Max Financial Services Limited and its subsidiary Max Life Insurance. He joined the Boards of these companies as a representative of the Owner Sponsor Group led by Mr. Analjit Singh.
Sahil joined the Max Group in 2016 with a focus on creating a powerful Real Estate brand – Max Estates Limited, and steering MaxVIL’s other businesses towards growth. He has diverse expertise across various sectors including consumer durables and real estate.
Since assuming his role at MaxVIL, he has successfully completed two key transactions which will have an enduring impact on the Company’s growth journey over the next few years. The first is the sale of a 22.5% stake in MaxVIL to a subsidiary of New York Life Insurance Company in January 2017; and second, the induction of Toppan Printing Co. Ltd, Japan (Toppan) as a joint venture partner with a 49% stake in MaxVIL’s legacy manufacturing business – Max Speciality Films (MSF).
Besides MSF, he is currently overseeing two new business verticals under MaxVIL – Max Estates and Max I. Limited. Max Estates focuses on Grade-A commercial spaces. Its flagship project Max Towers, a prime commercial tower of ~0.6 million sq. ft. located on the Delhi-Noida Direct flyway, will be ready by Oct 2018 and work on the second project, the redevelopment of Max House in Okhla, New Delhi is set to commence in FY2019. The other vertical, Max I., facilitates intellectual & financial Capital to promising and proven early-stage organizations across identified sunrise sectors. So far, it has made investments in Azure Hospitality Pvt. Ltd., which owns and operates successful F&B brands such as Mamagoto and Dhaba, and FSN E-Commerce Ventures Pvt. Ltd, which owns and operates the leading online beauty destination Nykaa.com.
Sahil started his career as a banker with Citigroup in London, where he worked on Mergers and Acquisitions across the Middle East and Africa region. In 2004, he joined Dixon Technologies, a consumer appliance manufacturing firm as Business Head and setup new verticals across multiple locations and was involved in the launch of new products, setting up of new manufacturing facilities and establishing relationships with leading brands as customers.
In 2008, he transitioned to a new role as Co-founder and Managing Director of Dixon Appliances Pvt. Ltd., where he led the business from its inception on multiple fronts, including designing of products, building the team, setting up the manufacturing facility, operations and building relationships with leading brands in India such as Panasonic, Godrej, LG, among others. The Company emerged as the single-largest third party contract manufacturer of Washing Machines for the Indian market. In July 2015, Sahil sold his shareholding in the company to devote complete attention to his role in the Max Group.