Sumit Madan in

Sumit Madan

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MD and Chief Executive Officer at Axis Max Life Insurance Limited
📍 Gurugram, Haryana, India

Sumit Madan is the Chief Distribution Officer at Axis Max Life Insurance Limited, spearheading the development and execution of distribution strategy across various channels. His career spans over two decades, driving revenue growth and profitability in the FMCG, banking, and insurance sectors.

He is dedicated to simplifying protection and enabling wellness for customers, advocating for financial inclusion in rural India. He emphasizes the importance of human connection in the digital age.

Sumit Madan will become the Managing Director & CEO of Axis Max Life Insurance, effective October 1, 2025, subject to regulatory approvals.

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Experience
25 Years
Current Role
MD and Chief Executive Officer
Job Level
Leadership
Location
Gurugram, Haryana, India
Personality Overview

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Priorities

Topics Sumit cares about

Distribution Strategy
As Chief Distribution Officer, he leads the development and execution of distribution strategy for proprietary, partnerships, group, and online businesses.
Financial Inclusion
He actively promotes bridging the protection gap in rural India, emphasizing the importance of expanding insurance access to underserved populations.
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Career

Work history

10-2025
MD and Chief Executive Officer
Axis Max Life Insurance Limited
2-2024 - 10-2025
Chief Distribution Officer
Axis Max Life Insurance Limited
3-2022 - 2-2024
Head - Retail Liabilities & Branch Banking at IDFC FIRST Bank
IDFC FIRST Bank
9-2019 - 2-2024
Head - Branch Banking
IDFC FIRST Bank
9-2016 - 9-2019
Chief - Branch Banking
AU SMALL FINANCE BANK
In the press

Media appearances

Sumit Madan, CDO and CEO‑designate of Axis Max Life Insurance Limited talks …. Featured in BS India (Facebook)
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Education
Education details unavailable
Lal Bahadur Shastri Inst. Of Management
Bachelor of Commerce (BCom)
Delhi University
Education details unavailable
St. Xavier School - Delhi
Social presence
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Behavioral profile

DISC profile (public)

DISC behavioral profile

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