Mohit Talwar, MD of Max Financial Services Ltd. retires
After completing an illustrious career spanning over 15 years with Max Group, Mr. Mohit Talwar retires as the Managing Director of Max Financial Services Limited (‘the Company’), on the close of business hours on January 14, 2023. Simultaneously, he will cease to be a director on the Board of the Company.
Mr. Talwar joined Max Financial Services Limited on November 1, 2007, as Director-Business Development. He was appointed as the Deputy Managing Director of Max Financial Services Limited on February 14, 2012. Mr. Talwar was thereafter elevated as the Managing Director of Max Financial Services Limited with effect from January 15, 2016, for a period of five years. Further, Mr. Talwar was also appointed as the Managing Director of Erstwhile Max India Limited with effect from January 15, 2016. He was also the Vice Chairman of Max Group of companies.
During his tenure with the Max Group, he has successfully leveraged his relationships with institutional investors, hedge funds, banks and private equity firms and has led several complex corporate finance and financial structuring deals to ensure adequate investment and liquidity for the Group’s operations. In the past, he has been associated with Standard Chartered, ANZ Grindlays and Bank of Nova Scotia.
Given his wealth of experience and the critical matters which are handled by him, the Board of Directors of the Company has decided to engage him as a Business Advisor to the Company on completion of his term as the Managing Director of the Company with effect from January 15, 2023.
Mr. Talwar will remain on select Boards of the Max Group, including Max Life Insurance Company Limited as a non-executive director.
The Board of Directors of the Company will take appropriate steps in due course for the appointment of the Managing Director in his place.