Position
Managing Director
Company
Max Life Insurance Company
GurugramInsuranceEmployee BenefitsFinancial ServicesDescription
Sumit Madan has been appointed as the managing director and chief executive officer of Axis Max Life Insurance. He will assume this role for a five-year term starting October 1, 2025, pending shareholder approval.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months