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Prashant Tripathy Resigns as MD & CEO of Axis Max Life Insurance.

Appointment | Dated: 01 Jun 2025

In May 2025, Prashant Tripathy, Managing Director (MD) and Chief Executive Officer (CEO) of New Delhi-based Axis Max Life Insurance Limited (formerly Max Life Insurance Company Ltd), announced his decision to retire early, effective September 30, 2025. His original tenure was set to continue until December 2028.

🎯 Key Highlights:

  • - The Nomination and Remuneration Committee (NRC) and the Board of Directors of Axis Max Life Insurance approved Tripathy’s early retirement proposal during meetings held on May 28, 2025.

💡 Other Important Facts:

  • (i) Prashant Tripathy joined Axis Max Life Insurance in 2007 as Head of Strategy and was appointed MD & CEO in January 2019. Under his leadership, Axis Max Life Insurance reached several key milestones.
  • (ii) Before joining Axis Max Life Insurance, Tripathy was associated with Genpact, a global professional services and business consulting company headquartered in New York, USA. He also served as Head of Financial Planning and Analysis at General Electric Commercial Finance (GECF), a division of GE Capital, United Kingdom.
  • (iii) Axis Max Life Insurance is a joint venture (JV) between Max Financial Services and Axis Bank.

📚 Test Your Knowledge:

Who recently announced early retirement as MD & CEO of Axis Max Life Insurance, effective September 30, 2025?

Correct Answer: Prashant Tripathy

🚀 Quick Recap: