Analjit Singh Founder and Chairman Max Group

Analjit Singh is the Founder & Chairman of The Max Group, a leading Indian multi business enterprise, with interests in life insurance (Max Life), real estate (Max Estates), and senior care (Antara). Max Group is renowned for service excellence and has had successful joint ventures with some pre-eminent firms including Mitsui Sumitomo, Japan, Axis Bank, India, and New York Life Insurance Company, USA currently. Its earlier partners include Toppan, Bupa Plc, Life Healthcare, DSM, Netherlands, Hutchison Whampoa, Motorola, Lockheed Martin and others. In his 4 decades of entire journey, he has revolutionized the telecom(Hutchison Max Telecom), healthcare(Max Healthcare Institute), life insurance(Max Life Insurance), health insurance(Max Bupa Health Insurance), wellness(Vana Retreat), senior living(Antara Senior Care) and the real estate(Max Estates) space in India.

A self-made entrepreneur, Analjit Singh was awarded the 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, Analjit Singh holds an MBA from Graduate School of Management, Boston University. He has been conferred with an honorary doctorate by Amity University.

He served as a Director on the Board of Sofina NV/SA, Belgium. Till August 2018, he was the non-executive Chairman of Vodafone India.

Amongst privately held family businesses, Analjit Singh is the founder of Leeu Collection, a group of boutique leisure hotels with three operational properties in Franschhoek, South Africa; one operational property in The Lake District, UK; and an under construction property in Florence, Italy. Leeu Collection also includes a significant presence in wine and viticulture through Mullineux Leeu Family Wines; an active F&B portfolio of restaurants in partnership with Azure Hospitality, Ritu Dalmia, The La Colombe Group in Cape Town, SA and the Alajmo Group in Italy. Art and Landscaping are significant differentiators in the hospitality businesses aided by a strong relationship with Everard Read, SA and Franchesca Watson.

Mr. Analjit Singh is also on the Board of the following companies and body corporate:
Chairman & Director - Max Financial Services Limited
Chairman & Director - Max India Limited
Director - Max Ventures Investment Holdings Private Limited
Director - Max Ventures Limited
Director - BAS Enterprises Private Limited
Director - Delhi Guest Houses Private Limited
Director - Siva Realty Ventures Private Limited
Director - SKA Diagnostic Private Limited
Director - Piveta Estates Private Limited
Director - P V T Ventures Private Limited

Mr. Sahil Vachani is the Vice Chairman and Managing Director of Max Estates Limited. As the driving force behind Max Estates Ltd, Sahil aims to revolutionize the Indian real estate landscape by bringing in Max Group’s values of Sevabhav, Excellence and Credibility to the sector.

Since its inception in 2016, Max Estates has offered exceptional experiences for residential and commercial use, with utmost attention to detail, design and lifestyle under Sahil’s leadership. With a future forward vision to enhance quality of life through the spaces created by the organisation, the company has introduced the concept of WorkWell and LiveWell in India, which caters to the holistic well-being of the users of Max Estates’ premises. This operating philosophy is centred on 9 tenets of holistic wellbeing across physical, emotional, social, and environmental aspects, and serves as a guiding force for the organisation.

The organisation has also successfully partnered with New York Life Insurance Company for strategic collaborations and investments. Sahil has also guided the organisation to foster partnerships with Real Estate Technology players to re-define ‘customer experience’ and ‘operational efficiency’, a first in the commercial real estate space.

Sahil’s direction has led Max Estates Ltd. to be recognised as the developer of the year by ET Now, in 2020, and has helped the developments achieve several awards across sustainability, ESG, architecture, as well as highly credible ratings from both LEED and IGBC as a recognition of their excellent sustainability efforts. His empathetic governance has been dedicated to continuous commitment to employee wellbeing and safety with a deep respect for human rights, competitive wages, and non-discrimination in hiring.

In this period Max Estates has also partnered with Habitat for Humanity – an initiative to build homes for the underprivileged. This collaboration represents a collective commitment to instilling strength, stability, and self-reliance among families in dire need of decent shelter. Sahil was also honoured with a feature in BW Disrupt’s 40 under 40 publication for his work in the industry. He is also part of YPO - Delhi Chapter.

Mr. Sahil Vachani is also on the Board of the following companies and body corporate:
Director - TVP Investments Private Limited
Director - Vitasta Estates Private Limited
Director - Trophy Estates Private Limited
Director - Hometrail Properties Private Limited
Director - Max Ventures Investment Holdings Private Limited
Director - Siva Finvest Private Limited
Director - Wegmans Business Park Private Limited
Director - Twiggy Ventures Private Limited
Director - Piveta Estates Private Limited
Director - Ska Diagnostic Private Limited
Director - Icare Health Projects And Research Private Limited
Director - Max Skill First Limited
Director - Max Ventures Private Limited
Director - Siva Realty Ventures Private Limited
Director - Max Financial Services Limited
Director - Axis Max Life Insurance Limited
Designated Partner - Vstar Ventures LLP

Anthony Ramsey Malloy is a Non-Executive, Non-Independent Director on the Board of our Company. Mr. Anthony R. Malloy is Executive Vice President and Chief Investment Officer of New York Life Insurance Company. He is also responsible for the teams which principally manage New York Life’s general account portfolio that include Fixed Income Investors, Private Capital Investors and Real Estate Investors. He is a member of New York Life’s Executive Management Committee and serves on its Risk Steering Committee. Mr. Malloy joined the firm in 1999. He has held various positions of increasing responsibilities at the firm, including Senior Managing Director and Head of Fixed Income. He also served as Managing Director and Head of Fixed Leveraged Finance. Previously, he achieved positions of increasing responsibility in lending, risk management, and debt capital markets with J.P. Morgan, Toronto Dominion, and First Chicago. Anthony earned a B.A. in English and Economics from Middlebury College and an M.B.A. in Finance from the Stern School of Business of New York University.

Dinesh Kumar Mittal is a Non-Executive, Independent Director on the Board of our Company. Mr. Dinesh Kumar Mittal is a former Indian Administrative Service (IAS) officer of 1977 batch (UP cadre) and has served the government of India in various capacities. Mr. Mittal was Secretary, Department of Financial Services, where he was responsible for overseeing banking, Insurance and Pension policies of India. During his tenure, he worked very closely with the RBI and was on the Board of the RBI, LIC, State Bank of India, IIFCL and IIFCL (UK). Previously as Secretary, Ministry of Corporate Affairs, he has worked closely with ICAI, ICSI and ICWAI. As an Additional Secretary, Department of Commerce, Mr. Mittal was the chief negotiator of India for WTO negotiation. He also supervised all multilateral Preferential Tariff negotiations, development and operation of SEZs in India and FDI and Overseas Investment from India. As Joint Secretary, Ministry of Commerce, he had oversight of International Trade and Special Economic Zones. He formulated SEZ policy in March 2000 for the first time in India. He was with IL&FS on secondment from the Govt. of India and worked in the area of project development and financing of infra projects. Mr. Mittal has hands on experience in Infrastructure, International Trade, Urban Development, Renewable Energy, Agriculture Development and Micro-Credit, Corporate Governance, Banking, Insurance, Pension and Finance. Mr. Mittal also serves as a director on the board of various companies including Max Estates Limited, Indus Towers Limited, Niva Bupa Health Insurance Company Limited and New Delhi Television Limited, amongst others. He holds a master’s degree in physics with specialization in Electronics from University of Allahabad, India.

Mr. Dinesh Kumar Mittal is also on the Board of the following companies and body corporate:
Non-Executive, Non-Independent Director - Shivalik Small Finance Bank Limited
Independent Director - Apl Apollo Tubes Limited
Independent Director - Bharti Axa Life Insurance Company Limited
Independent Director - Indus Towers Limited
Independent Director - New Delhi Television Limited
Independent Director - Arohan Financial Services Limited
Director - Lohia Corp Limited
Director - Las Ventures Private Limited
Director - Ergos Business Solutions Private Limited
Director - Business Strategy Advisory Services Private Limited

Ms. Malini Thadani is the Non-Executive, Independent Director of our Company. Ms. Malini Thadani is Executive Director of World Monuments Fund India Association, affiliate of World Monuments Fund, a leading global independent organisation devoted to safeguarding the world’s most treasured places to enrich people’s lives and build mutual understanding across cultures and communities. She serves as independent director on several corporate and not-for-profit Boards and helps businesses design and operationalise the effective integration of ESG and Sustainability into their strategic vision to help to future-proof them.

She is Visiting Faculty at the Indian School of Development Management, where she teaches a course on CSR, Sustainability and ESG.

Ms. Malini has been a Strategic advisor on matters related to Sustainability and ESG. As a Leader of high-level stakeholder groups, she has held positions on international and regional Boards for industry bodies and not-for-profits.

Ms. Malini serves as Independent Director on the Corporate Boards of Max Estates Limited, AU Small Finance Bank and Mirae Asset Investment Managers (India) Private Limited, and the following not-for-profit Boards - Access Development Services, Lighthouse Communities Foundation and is Trustee of Watershed Organisation Trust (WOTR), Apnalaya and Shoshit Seva Sangh.

She was a civil servant of the Indian Revenue Service, with 14 years’ experience in various Indian Government Ministries. She worked for 22 years at HSBC at first in India where she headed the financial services group’s Public Affairs, Communications and Sustainability work. She moved to Hong Kong to lead the Bank’s Sustainability teams across 19 markets in Asia where HSBC had a presence, designing, developing, and implementing large-scale, complex, cross-border sustainability projects in partnership with global and regional think-tanks, not-for-profits and academia, specialising in areas including sustainable finance, environmental resource security, livelihoods, employability, and entrepreneurship.

She has a master’s in history from Delhi University, a master’s in public administration from Ohio University, USA and has done the Cycle Spéciale Étranger from the École Nationale d’administration, France.

Ms. Malini Thadani is also on the Board of the following companies and body corporate:
Independent Director - Max Financial Services Limited
Independent Director - Au Small Finance Bank Limited
Director - Access Development Services
Director - Mirae Asset Investment Managers (India) Private Limited
Director - Lighthouse Communities Foundation

Mr. Niten Malhan is a Non-Executive, Independent Director on the Board of our Company. Mr. Niten Malhan is the founder and partner of New Mark Advisors LLP, an investment firm focused on bringing a private markets approach to investing in the public markets. Prior to founding New Mark Advisors LLP in April 2018, he was the managing director and co-head of India at Warburg Pincus India Private Limited (“Warburg Pincus”), a global private equity firm.

Mr. Malhan joined Warburg Pincus in 2001 and became a partner at the firm in 2007. In 2012, he was appointed the co-head of the India business, co-leading a team of 15 investment professionals and a portfolio of over $3 billion in value. Between 2012 and 2017, Niten was also a member of the global executive management group of the firm, a group of senior partners who lead different offices and industry groups at Warburg Pincus.

Prior to joining Warburg Pincus, he worked as director of business development at Stratum 8, a Silicon Valley technology start-up company. Before that, he was an engagement manager at McKinsey & Company, and worked in India, Southeast Asia, and Boston offices of the firm.

Mr. Malhan has served as member of the board of directors of several investee companies including Alliance Tire Company, AVTEC, Cleanmax Solar, DB Corp, Diligent Power Private Limited, Embassy Industrial Parks, Havells India Limited, Laurus Labs, Lemon Tree Hotels, Metropolis Healthcare Limited, and Sintex Industries Limited.

He currently serves as an Independent Director on the boards of Max Estates Limited, Max India Limited, Lemon Tree Hotels, and Fleur Hotels Private Limited. Mr. Malhan has also served as the vice-chairman of the Indian Venture Capital and Private Equity Association and is a Founder and Trustee of Plaksha University.

Mr. Malhan studied Computer Science and Engineering at Indian Institute of Technology, New Delhi, and completed his Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad.

Mr. Niten Malhan is also on the Board of the following companies and body corporate:
Independent Director - Max India Limited
Independent Director - Lemon Tree Hotels Limited
Independent Director - Antara Assisted Care Services Limited
Independent Director - Antara Purukul Senior Living Limited
Independent Director - Antara Senior Living Limited
Director - Max Asset Services Limited
Designated Partner - New Mark Capital Aif LLP
Designated Partner - New Mark Services LLP
Designated Partner - NNA Cre Properties LLP
Designated Partner - New Mark Advisors LLP

Gauri Padmanabhan is a Non-Executive, Independent Director on the Board of our Company. Ms. Gauri Padmanabhan is a leadership consultant with over three decades of diversified experience in the services sector. She presently works with a few listed & private companies as a Leadership Advisor and is also an Independent Director on listed company Boards. Till December 2022, Ms. Gauri was a Global Partner, leading the CEO & Board and Consumer Markets Practices while also overseeing the Education & Life Sciences Practices, for Heidrick & Struggles. A long tenured Partner at Heidrick & Struggles, Ms. Gauri joined the firm in 2000 and over 22 years played a key role in building a significant footprint for the business in India. Working closely at the top with c-suite client teams in India, the region & globally, she partnered them to solve their strategic talent needs, bringing to her clients a deep understanding of the challenges that organisations face today, especially within consumer centric & service industries. Her clients included large global and Indian corporations whom she partnered with during start-up / India entry, growth, and business transformation phases.

Throughout her career, CEO succession and Next Generation leadership – with an eye on business and technology trends - has been a focus area. Supporting her clients in driving their digital & diversity agendas has been of special interest and a passion. Ms. Gauri currently works with a select group of leaders on advisory and coaching projects.

Prior to joining Heidrick & Struggles, Ms. Gauri had a leadership role in a major multinational with overall responsibility for customer facing services & operations. Her career also includes general management, consulting and teaching stints.

Ms. Gauri Padmanabhan is also on the Board of the following companies and body corporate:
Director - Max Towers Private Limited

Atul Behari Lall is a Non-Executive, Non-Independent Director on the Board of our Company. Mr. Atul B Lall, is the Managing Director and Vice Chairman of Dixon Technologies (India) Limited. He holds a master’s degree in management studies from the Birla Institute of Technology and Science, Pilani. He has been leading Dixon Technologies since foundation and built it to its current leadership position in the EMS Industry. He is responsible for Dixon’s overall strategy and business operations. Aside serving as board members on other group companies of Dixon Technologies, he is also serving as an Independent Director on the Board of Happy Forgings Limited. With over 30 years of experience in the EMS industry, his forte is in introduction of new segment lines and rolling out expansion strategies. He has served as a member of the Technical Evaluation Committee for Electronic Manufacturing Services under M-SIPS (Electronic Manufacturing Services- EMS) constituted by the DeitY and served as a representative of ELCINA on the Committee for Reliability of Electronic and Electrical Components and Equipment (LITD. 02) of the BIS. He is an avid reader and has also authored the book, ‘Gita and India Inc.’. He has also been elected as President of Electronic Industries Association Of India (“ELCINA”). Mr. Lall has been conferred with the MAN OF ELECTRONCIS BY CEAMA (Leading Industry Body Association) for 2022. In his leisure time, he likes to indulge in reading and playing Golf. He is also on the governing board of Plaksha University.

Mr. Atul B. Lall is also on the Board of the following companies and body corporate:
Vice Chairman and Managing Director - Dixon Technologies (India) Limited
Independent Director - Happy Forgings Limited
Director - Aditya Infotech Limited
Director - Dixon Display Technologies Private Limited
Director - Dixon Electro Manufacturing Private Limited
Director - Dixon Technologies Solutions Private Limited
Director - Dixon Electro Appliances Private Limited
Director - Rexxam Dixon Electronics Private Limited
Director - Padget Electronics Private Limited