About-us

Ajay Srinivasan is a seasoned leader in the financial services industry. Ajay Srinivasan, former CEO of Aditya Birla Capital, played a pivotal role in transforming the company into a universal financial provider. Under the leadership of Ajay Sinivasan, Aditya Birla Capital expanded across insurance, mutual funds, wealth management, lending and more. Moreover, the company saw significant revenue growth from ₹19.27 billion in 2007 to ₹134.3 billion in 2018.During the tenure of Ajay Srinivasan, Aditya Birla played a key role in redefining the company’s structure and asset management. According to Ajay Srinivasan news, he stepped down from MD and CEO in 2022. Currently, he has founded his own company as Maxima Group. Under the financial strength of Ajay Srinivasan, Maxima Group will drive success and monitor new financial ventures.

Clarification on Leadership Transition

We are anguished to continue to see insinuations and unsubstantiated charges being levelled against Mr. Ajay Srinivasan and Aditya Birla Capital.

To reiterate, it was entirely Mr Srinivasan’s personal decision to step down from the role at Aditya Birla Capital after having spent over 14 years building that business into a leading financial conglomerate, which is amongst India’s top 100 listed companies. After a long stint with ABC, he was keen to pursue new and different challenges. We, therefore, mutually explored alternate roles within the Aditya Birla Group. However, after due consideration, he has decided to pursue prospects outside the group. We fully respect and support his decision and value his contribution to the financial services business.

Regarding the whistle-blower letter you referred to, we request you to check your facts because nowhere in that letter has any allegation been made against Mr Srinivasan. In fact, the complaint has been thoroughly investigated through multiple processes, and all allegations were found to be baseless.” – Aditya Birla Group Spokesperson

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