Max Life Insurance on Tuesday announced the appointment of Ranbheer Singh Dhariwal as the Chief Executive Officer (CEO) of its wholly-owned subsidiary Max Life Pension Fund Management Ltd. Dhariwal’s appointment is effective October 15, Max Life Insurance Company said in a statement.
The subsidiary will manage the pension assets with investment choices under the National Pension Scheme for private sector subscribers and government sector subscribers, excluding the ‘default scheme’, with the aim to scale assets under management to Rs 1 lakh crore over the next ten years.