ALFA Filings
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Max Financial Services appointed Toru Nakabayashi as Nominee Director following Mitsuru Yasuda's resignation. The board also extended V. Krishnan's managerial tenure and re-appointed internal auditors.
IRDAI approved Mr. Subrat Mohanty's appointment as Chairman of Axis Max Life Insurance for five years. The leadership change follows standard regulatory approval procedures.
Max Financial Services announced board changes at its subsidiary, Axis Max Life Insurance. Mr. Mitsuru Yasuda resigned as Non-executive Director effective May 6, 2026. Mr. Toru Nakabayashi, a senior insurance executive with over 20 years of experience, was appointed as an Additional Director (Non-executive) effective May 7, 2026, representing the company on the board.