Mayank Bathwal is Chief Executive Officer at ABHICL, a joint venture between the Aditya Birla Group and MMI Holdings of South Africa since August 2015.
Mayank has been responsible for setting up the latest venture of Aditya Birla Capital Limited in the health insurance space. With his expertise and experience, the health insurance business has entered the Indian health market with a differentiated business model, developed an efficient multi-channel distribution system leveraging the increasing digital opportunity.
Mayank has a rich experience of nearly 23 years in the industry. He joined the Aditya Birla Group in early 1994 and has worked closely in various units and projects of the group including fertilizer and copper smelting units, financial services business and power projects.
He joined Aditya Birla Sun Life Insurance Company Limited (ABSLI), the life insurance JV between the Aditya Birla Group and Sun Life, Canada in December 1999 as part of the project team to set up the Life Insurance venture and oversaw the Business Strategy and Planning function prior to taking charge of other finance operations of the company. Mayank then moved to take charge as the Chief Financial Officer of Sun Life, Indonesia in June 2006. He moved back to India in June 2007 as CFO at ABSLI. As the CFO & Head of Institutional Sales, in 2011, in addition to the finance operations he took charge of the Institutional Sales teams which included Bancassurance, Corporate Agency & Broking channels of ABSLI, ending his stint as the Deputy Chief Executive Officer at ABSLI.
Mayank is Fellow member of the Institute of Chartered Accountants of India (ICAI), the Institute of Cost & Works Accountants of India (ICWA) and the Institute of Company Secretaries of India (ICSI).
He is also engaged with several bodies, including the CII Sub-Committee on Accessibility Health Insurance, the FICCI Committee on Health Insurance and the Internet and Mobile Association of India’s (IAMAI) HealthTech Committee.
Mayank has been the recipient of several personal and professional recognitions and has been felicitated at the Annual CFO 100 Roll of Honour (for the years 2012, 2013 and 2014) for his exceptional contribution to the area of Corporate Finance.