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Tuesday, 17 August 2010

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Mahindra MD in Colombo


Anand G Mahindra

Mahindra and Mahindra Vice Chairman and Managing Director Anand G Mahindra will be in Colombo today.

Anand G. Mahindra joined Mahindra Ugine Steel Company Ltd (MUSCO), the country’s foremost producer of speciality steels, as Executive Assistant to the Finance Director. In 1989 he was appointed President and Deputy Managing Director of the company. During his stint at MUSCO, he initiated the Mahindra Group’s diversification into the new business areas of real estate development and hospitality management.

In 1991, he was appointed Deputy Managing Director of Mahindra and Mahindra Ltd., the country’s dominant producer of off-road vehicles and agricultural tractors. He has since been engaged in a comprehensive change program in Mahindra and Mahindra Ltd. to make the company an efficient and aggressive competitor in the new liberalized economic environment in India.

In April 1997, he was appointed Managing Director of Mahindra and Mahindra Ltd and in January 2003 given the additional responsibility of Vice Chairman.

Mahindra was a co-promoter of Kotak Mahindra Finance Ltd., which in 2003 was converted into a bank. Kotak Mahindra Bank is one of the foremost private sector banks today.

Mahindra frequently shares his views and ideas on Indian economy and business through his writings in some of India’s leading business magazines.

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