Management Change12 May 2026, 07:11 pm
Max Financial: Yasuda Resigns, Nakabayashi Appointed Director
AI Summary
Max Financial Services Ltd. announced the resignation of Mr. Mitsuru Yasuda as a Non-Executive Non-Independent Director, effective May 12, 2026. Mr. Toru Nakabayashi has been appointed as an Additional Director in the same capacity, effective May 13, 2026, until the next AGM. Mr. V. Krishnan's term as Manager (KMP) is extended for two years from July 1, 2026, subject to shareholder approval. M/s MGC & KNAV Global Risk Advisory LLP re-appointed as Internal Auditors for FY 2026-27.
Key Highlights
- Mitsuru Yasuda resigns as Non-Executive Non-Independent Director, effective May 12, 2026.
- Toru Nakabayashi appointed as Additional Non-Executive Non-Independent Director from May 13, 2026.
- V. Krishnan's term as Manager (KMP) extended for two years, pending shareholder approval.
- M/s MGC & KNAV Global Risk Advisory LLP re-appointed as Internal Auditors for FY 2026-27.
- Nakabayashi nominated by Mitsui Sumitomo Insurance Company Ltd. (MSI).
Price Impact
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