Mahindra Group, a diversified conglomerate, announced key leadership appointments reflecting its commitment to talent development and internal mobility.
Manoj Bhat, currently Group CFO, will take over as the MD & CEO of Mahindra Holidays & Resorts India (MHRIL) on May 17th, 2024, succeeding Kavinder Singh who is leaving the group. Amarjyoti Barua, executive vice president – group strategy, will simultaneously step up as the Group CFO.
“Talent development is crucial for us,” says Anish Shah, Group CEO & managing director. “We offer tailored career paths and encourage rotations across businesses. This has enabled us to promote Manoj, who brings diverse experience and a customer-centric approach.”
Further emphasising their internal talent pool, the group announced Vimal Agarwal, CFO of Mahindra Lifespaces Developers (MLDL), will move to MHRIL as CFO, while Avinash Bapat will replace him at MLDL.
These appointments showcase the group’s focus on nurturing internal talent and ensuring a smooth transition of leadership.
Bhat’s proven track record and Barua’s strategic expertise are expected to propel the respective businesses forward. This reshuffle also opens doors for other leaders within the group to pursue broader roles and contribute to Mahindra’s continued growth.
Founded in 1945, the Mahindra Group, with 260,000 employees in over 100 countries, stands as one of the largest and most admired multinational federations of companies. Enjoying leadership positions in various sectors, the group focuses on driving positive change in the lives of communities and stakeholders to enable them to Rise.
