Rajit Mehta Named COO of Max New York Life Insurance

Rajit Mehta has been named chief operating officer of Max New York Life Insurance Ltd., (New Delhi) the joint venture between Max India Ltd. and New York Life International LLC, which is the international arm of the New York-base life insurer. In addition, Rajesh Sud has been appointed chief executive officer and managing director of the firm. Both Sud and Mehta are founding members of Max New York Life insurance Ltd., one of India's premier life insurers. Prior to their appointments, Sud served as Max New York Life's deputy managing director and Mehta served as deputy chief operating officer.

Prior to his role as deputy chief operating officer, Mehta was Max New York Life's executive director for human resources, training and internal communications where he was responsible for strategic initiatives leading to the strengthening of the Max New York Life's human resource management.

Previously, as a member of the company's core management team, Sud was charged with steering the overall distribution network of the company and overseeing the product management, marketing, corporate affairs and customer relationship management functions. Prior to that he served as executive director, distribution, and was the primary driver for Max New York Life Insurance's distribution footprint across India, setting up alliances and an agent-advisor network and model. Gary Bennett, who has been chief executive officer and managing director of the company since July 2005, has been named executive vice president and Greater China chief executive officer of New York Life International, LLC, effective November 1.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio