New Delhi, Delhi, India, Monday, October 28, 2013 -- (Business Wire India)
Mr. Analjit Singh, Founder & Chairman, Max Group has been accorded the
‘Distinguished Alumni' award from his alma mater, Boston University. The award
was conferred upon him on Saturday, October 26th in the Metcalf Ballroom of
Boston University, by Dr Robert Brown, President of the University.
In the past, Boston University, one of the top universities in the world, has
conferred this recognition on its illustrious alumni from across the globe that
includes six Nobel laureates, top economists, leading statesmen, literary
geniuses, top musicians, famous artists and business tycoons.
Mr. Analjit Singh often describes his time at Boston University as one of the
turning points of his life. He topped the Dean's merit list and believes that it
was the beginning of his journey in excellence.
A self-made entrepreneur, Mr. Analjit Singh founder of the Max Group in 1985 and
currently he has been leading the charge of reinventing and restructuring the
Max Group with a vision to be amongst India's most admired companies for Service
Excellence. Today, Max India Limited is a multi-business corporate, focused on
People and Service oriented Businesses of ‘Life'. Max India Group is present
in the areas of Life Insurance, Healthcare, Health Insurance, Senior Living and
Clinical Research and Packaging Films & Speciality Foils.
Recognizing Mr. Analjit Singh's contribution towards building India Inc., he has
been awarded one of India's highest civilian honors, the Padma Bhushan, by the
President of India in 2011. He has also been recently awarded Ernst & Young,
Entrepreneur of the Year – Services. As one of India's leading
business-persons, Mr. Analjit Singh is a Member of the Prime Minister's Joint
Indo-US CEOs Forum.
Mr. Analjit Singh has always taken keen interest in enhancing India's academic
excellence. He is currently an Executive Board Member of the Board of Governors,
Indian School of Business, Hyderabad, where he is jointly funding a new campus
at Mohali, Punjab and actively facilitating it as the Chairman, Mohali Campus
Advisory Board, ISB. In addition he is the Chairman, Board of Governors, The
Doon School, Dehradun.
Mr. Analjit Singh is actively involved in social service, through his role as
the Chairman and Chief Patron of Max India Foundation (MIF), the Social Service
arm of Max India Group. Committed at fostering an inclusive society, MIF
spearheads the CSR initiatives of the various Max India Group companies and also
partners with several reputable NGOs such as SOS Children's Village, Manav Seva
Sannidhi, CanSupport and Chinmaya Mission. He is also the Life Chairman, Bhai
Mohan Singh Foundation.
In addition to Boston University where he attended the Graduate School of
Management, Mr. Analjit Singh is an alumnus of Doon School, Dehradun; Shri Rram
College of Commerce, University of Delhi; School of Management. He is married
and has three children.
Awards and recognitions in the past:
-- Padma Bhushan, India's second highest civilian honour
-- Recognized by Senator Hillary Clinton, on behalf of The Indian American
Center for Political Awareness (IACPA), awarded Mr. Analjit Singh for his
‘outstanding achievement' in presenting the international community with an
understanding of a modern and vibrant India
-- Ernst & Young, Entrepreneur of the Year – Services
-- A similar recognition was given to Analjit Singh by Sri Ram College of
Roles he plays at present
-- Founder & Chairman of the Max Group
-- Member of Prime Minister's Joint Indo-US CEOs Forum
-- Non-executive Chairman of Vodafone India, India's second largest mobile
-- Consul General (Honorary) of the Republic of San Marino in India
-- Director on the Board of leading companies such as Tata Global Beverages and
Sofina NV/SA, Belgium
-- Chairman of CII's National Committee on Insurance & Pension
-- Executive Board Member of the Board of Governors, Indian School of Business
(ISB), Hyderabad, where he has jointly funded the new campus at Mohali, Punjab
-- Chairman of the Board of Governors, Indian Institute of Technology, Roorkee
About Max India:
Max India is a multi-business corporate, driven by the spirit of enterprise and
focused on people and service oriented businesses. The Company's vision is to be
one of India's most admired corporates for Service Excellence.
Max India is in the ‘Business of Life'. It ‘Protects Life' through its Life
Insurance company Max Life Insurance (Previously Max New York Life), a joint
venture of Max India which underwent a change of JV partner from New York Life
to Mitsui Sumitomo Insurance, Japan; ‘Cares for Life' through its Healthcare
company, Max Healthcare, a joint venture between Max India and Life Healthcare,
South Africa; ‘Enhances Life' through its Health Insurance company, Max Bupa
Health Insurance, a joint venture between Max India and Bupa Finance Plc., UK;
'Rejuvenates Life' through its Senior Living business Antara, a fully owned
subsidiary of Max India and ‘Improves Life' through its Clinical Research
business, Max Neeman, a fully owned subsidiary of Max India. The Group also
continues its interest in manufacture of Speciality Products for the packaging
industry through its SBU Max Speciality Films.
These businesses are high growth yet under penetrated sectors, which will
continue to benefit from India's demographic dividend and increasing purchasing
power. Max India's financial performance reflects this potential. The Group
earned a consolidated revenue of Rs 106 billion (Approx USD 1.9 billion##.)
FY2013 and has a strong treasury corpus of around Rs 4.0 billion (USD 73
Supported by nearly 5.7 million strong customer base, each business has
developed strong brands and a commanding presence in its respective sector. The
Group has around 300 offices across India and people strength of 60,000 persons.
Max India is a publically listed company. It is listed on both national
exchanges in India, The Bombay Stock Exchange and The National Stock Exchange.
The largest shareholding is of the owner sponsors, led by Mr. Analjit Singh, at
over 39 per cent. Other significant shareholders include some of world's most
prestigious financial institutions such as Goldman Sachs, International Finance
Corporation, Washington (IFC), Temasek Holdings and till recently, Warburg
About ‘The Distinguished Alumni Award from Boston University':
The College of Arts & Sciences Collegium of Distinguished Alumni and the
Graduate School of Arts & Sciences Academy of Distinguished Alumni honor alumni
whose accomplishments in their professions, communities, and University service
reflect the strength and excellence of the Boston University liberal arts
Media contact details
Nitin Thakur, Head – Communications,
Max India Limited,
+91 (11) 26933610 extn. 196 / +91 9873347428,
Rahul Gossain, Communication Specialist,
Max India Limited,
+91 (11) 26933610 extn. 145 / +91 9873154228,
Garima Sharma Nijhawan,
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-0- Oct/28/2013 13:00 GMT
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