Max Bupa appoints Krishnan Ramachandran as MD & CEO
- A health insurance industry veteran, Krishnan will drive the next phase of growth for Max Bupa
- Krishnan succeeds Ashish Mehrotra who has decided to pursue another opportunity after a successful stint of almost five years
New Delhi, May 05, 2020: Max Bupa Health Insurance today announced the appointment of Krishnan Ramachandran as its Managing Director (MD) and Chief Executive Officer (CEO). Krishnan will be responsible for driving the company’s next phase of growth with a view to realize Max Bupa’s vision of becoming the most trusted health insurance company in India.
Welcoming the new MD & CEO, Mr. CB Bhave, Chairman, Max Bupa Board said, “I am delighted to welcome Krishnan to the Max Bupa family. His deep knowledge of the health insurance industry and diverse experience across domestic and international markets, coupled with his track record of delivering consistent and profitable growth, will be invaluable for Max Bupa. I am confident that under his able leadership and support of our shareholders True North and Bupa, we will realize our goal of becoming a highly customer-centric, leading retail player in the Health Insurance market.”
An industry veteran, Krishnan brings with him over 23 years of extensive experience across Health insurance, Healthcare &Life Sciences industry. Krishnan is known for his focus on core institution building with varied experience in transforming health insurance operations, driving a high growth distribution strategy, and leveraging technology for enabling business growth. He has played a key role in shaping the evolution of the health insurance industry in India, through leadership roles in the CII Policy & Standards Committee, on Health Insurance. Krishnan last served as the CEO of Apollo Munich Health Insurance.
Commenting on his new role, Mr. Krishnan Ramachandran said, “I am honored to have the opportunity to lead Max Bupa, an extraordinary company that has incredible potential and talented people. As an industry peer, I have seen Max Bupa build a powerful franchiseand brand equity in the last decade. Health Insurance continues to be the fastest growing segment in the non-life insurance industry and is set for quantum growth. It provides huge opportunity to companies like Max Bupa to grow exponentially and create a market leading position. I look forward to working with all the stakeholders, towards delivering on Max Bupa’s vision to become the most trusted health insurance company and enable people to lead healthier and more successful lives.”
Prior to Apollo Munich, Krishnan served in various capacities as Practice Head Healthcare and Experience Manager at Deloitte Consulting, across India and New York, USA.
Krishnan holds an MBA degree from IIMKolkata, and a BTech degree in Electrical and Electronics Engineering from IIT Madras.
About Max Bupa
Max Bupa, a leading standalone health insurance player in India, is a joint venture between True North, a leading Indian private equity firm and the Bupa Group, a leading international healthcare company with a legacy of providing specialized healthcare services for over 70 years. Our mission is to help our customers live healthier and more successful lives by providing expertise as their healthcare partners.
