New Delhi: Auto major Mahindra & Mahindra (M&M) on Friday announced the appointment of Anish Shah as Managing Director and Chief Executive Officer of the company with effect from 2nd April 2021 for a period of five years.
Currently Shah is holding the charge of Deputy Managing Director and Group Chief Financial Officer.
“Accordingly, Dr. Anish Shahs would cease to be Group Chief Financial Officer upon assuming the role of Managing Director and Chief Executive Officer of the company with effect from 2nd April 2021,” the company said in a regulatory filing.
As a part of succession planning and to facilitate smooth transition, the company has appointed Manoj Bhat as the Group Chief Financial Officer with effect from 2nd April 2021.
“Mr. Manoj Bhat is currently the CFO of Tech Mahindra Limited, an associate of the company,” the company added.
Read More: Anish Shah to take charge as MD & CEO of Mahindra & Mahindra from Arpil, Auto