Automaker Mahindra & Mahindra has appointed Anish Shah as the new Managing Director and Chief Executive Officer of the company effective April 2, 2021.
Shah is presently Deputy Managing Director and Group Chief Financial Officer and would succeed Pawan Goenka, who will retire after 27 years long journey with the company.
“Anish is the right leader for the Mahindra Group. As the MD and CEO, he will have a complete oversight of all Mahindra Group businesses including our Global operations, the transformation agenda and, synergizing and driving several strategic programs,” said Anand Mahindra, Chairman Mahindra Group.
Shah joined Mahindra in 2015 as the Group President -Strategy, where he led strategy development; built capabilities such as digitisation and data sciences. Prior to joining Mahindra, Anish was President and CEO of GE Capital India, where he led the transformation of the business, including a turnaround of its SBI Card joint venture.
The $19.4 billion conglomerate announced Manoj Bhat as its new Chief Financial Officer.
Rajesh Jejurikar, Executive Director will take full charge of automobile and farm equipment sectors and will report to Shah.
Mahindra & Mahindra enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume.
Headquartered in India, the company employs over 2,56,000 people across 100 countries.