Max Financial Services Limited announced that the resignation of Mr. V Krishnan as the Company Secretary & Compliance Officer and Mr. Piyush Soni is appointed as the Company Secretary and Compliance Officer of the Company, With effect from July 1, 2023. Mr. Piyush Soni has been part of the Max Life Insurance Company Ltd, the operating company of MFSL, since 2017 and has played a pivotal role since then in strengthening the Company's governance function. As the lead-secretarial function of Max Life Insurance, he has been of immense value to various stakeholders for his proactive approach and governance mindset.

The Board of Directors of Max Financial Services Limited has appointed Mr. Piyush Soni as the Company Secretary & Compliance Officer effective July 1, 2023. He was at the helm in setting up the pension fund business of Max Life. In his current role, Piyush is managing the Board Governance and regulatory related matters both in Max Life Insurance and Max Life PFM under leadership's direction.

He is also the designated Company Secretary and Legal SPOC for Max Life Pension Fund Management Limited and has been building and strengthening governance practices around. Piyush played a very active role during the negotiations and interactions with the counsels, and while seeking all requisite regulatory approvals during the Axis Bank deal. Prior to Max Life, he has worked with some of the renowned organizations such as Quick Heal Technologies, Pune and Sadbhav Engineering Limited, Ahmedabad and handled the Initial Public Offer of both Quick Heal and Sadbhav Infrastructure Project Limited, a Sadbhav group company.

He is a commerce and Law graduate and a member of Institute of Company Secretaries of India.