Dr Anish Shah appointed as the MD and CEO in M & M
By MYBRANDBOOK
Mahindra & Mahindra (M&M) has announced that Pawan Goenka will retire as Managing Director and CEO, as well as member of the Board of Directors with effect from April 2, 2021. Goenka has been a part of the Mahindra Group for 27 years.
Pawan Goenka will retire as the MD and CEO, and Member of the Board of Directors of M&M effective April 2, 2021. In his role as the MD and CEO, he led the automobile and farm equipment sectors. Rajesh Jejurikar, Executive Director will take full charge of these sectors and will report to Shah.
“On behalf of the Board, I salute the work accomplished by Pawan throughout his twenty-seven years career in the company, which has resulted in its strong growth. My gratitude to him for making the transition as smooth and seamless as possible throughout the last year,” said Anand Mahindra, the group’s chairman, in the statement.
Dr. Anish Shah, who is currently the Deputy Managing Director and Group Chief Financial Officer, will replace Goenka. Anand Mahindra, Chairman of the Mahindra Group, said, “On behalf of the Board, I salute the work accomplished by Pawan throughout his 27 years' career in the company, which has resulted in its strong growth.
Shah will have a complete oversight of all Mahindra Group businesses including Mahindra’s global operations, the transformation agenda and, synergizing and driving several strategic programs, said Mahindra.
“Anish embodies the spirit of Rise and brings an exceptional leadership track record, strong international exposure and a unique ability to forge long-standing relationships with our customers, partners and employees. I believe that there is no better person to lead Mahindra into the future,” said Mahindra.
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