Axis Max Life Insurance has appointed Sumit Madan as its new MD & CEO, effective October 1, 2025, succeeding Prashant Tripathy, who is set to retire in September. Currently the Senior Director and Chief Distribution Officer, Madan brings over 25 years of experience from leadership roles at Citibank, AU Small Finance Bank, and IDFC First Bank. He has been instrumental in elevating Axis Max Life’s market position and will now lead the company into its next phase, pending regulatory approvals.
