Max Life Insurance Management Team
Max Life Insurance Management Team
Prashant Tripathy
Chief Executive Officer and Managing Director
A seasoned professional with over two decades of experience across Finance, Organisational Strategy, Operations, Risk Management and Investor Relations, Prashant Tripathy leads Max Life Insurance as the Managing Director & Chief Executive Officer. Having spent 12 years with the Company, Prashant was earlier the Chief Financial Officer of the Company, spearheading Financial Management and Corporate Strategy, as well as playing a critical role in managing Investor Relations and Communications for Max Financial Services Ltd., the parent company of Max Life Insurance.
Prashant joined Max Life as Head of Strategy in 2007 and led all organisational strategic initiatives on growth and profitability. In his tenure of eight years as the CFO, Prashant played a pivotal role in positioning Max Life Insurance as a respected private life insurance company. A keen strategist, he helped navigate the organisation through several regulatory changes and corporate actions. Through his years with the company, Prashant has anchored Max Life’s efforts towards expansion, growth and strategic partnerships.
It is during his tenure as CFO, that Max Life gained market share and grew to be the fourth-largest private life insurer and the largest non-bank-promoted private life insurance company in India. Through this period, Margins, Return on Embedded Value (RoEV) and other financial outcomes of Max Life, all witnessed consistent growth.
Prashant is passionate about people, be it customers, partners or employees. He brings with him a strong focus on building a customer-centric culture in the organisation, and on delivering “real value” to customers at every moment of truth. His mantra for employees is his deep-rooted belief in the values of the organisation and respect for the uniqueness and diversity each and every employee brings to the organisation.
Prior to joining Max Life Insurance, Prashant was associated with GE and Genpact for eight years in India and UK. During the early days of his distinguished career, Prashant worked with Tata Steel, Jamshedpur where he was responsible for the operations of a steel plant. Prashant holds a degree in Chemical Engineering from IIT Kharagpur and a Post Graduate in Management from IIM Bangalore.