Award To Mr. Analjit Singh Founder chairman Max India Group
Boston University confers the ‘Distinguished Alumni’ award to Mr. Analjit Singh, Founder & Chairman, Max India Group
New Delhi, Monday, 28 October, 2013: 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 founded 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. He earlier received a similar honour by Sri Ram College of Commerce.
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
· Prestigious Alumni award by Sri Ram College of Commerce
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 telephony services
· 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 hehas jointlyfunded 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. TheCompany’s vision is to be one of India’s most admired corporates for Service Excellence. (www.maxindia.com)
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. TheGroup 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 million).
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 Pincus.
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 education.