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Mahindra Group appoints Manoj Bhat as group CFO

Dr Anish Shah will assume the role of MD & CEO

Mahindra Group appoints Manoj Bhat as group CFO

Mahindra & Mahindra has appointed Manoj Bhat as the group chief financial officer with effect from 2nd April 2021.

Dr Anish Shah, current deputy MD and group CFO will assume the role of MD and CEO from 2nd April 2021. Bhat will report to Dr Shah and will be a part of the Group corporate office leadership team.

Manoj will lead Mahindra Group’s finance organisation working closely with the finance leadership teams of the group companies on strategy, governance and controllership; providing leadership on all aspects related to financial planning & analysis, financial reporting, business planning, tax management, fund raising and treasury operations.

Dr Shah, said, “Manoj is a proven global CFO with a track record of delivering results and creating value. He brings a compelling blend of strategic and capital allocation discipline, well-honed operating skills, and transformational leadership abilities. He will be a strong partner as we execute our transformational plan and improve our operating results to position Mahindra for sustainable, long-term value creation.”

Manoj holds a bachelor’s degree in Electrical Engineering from IIT, Mumbai and a postgraduate diploma in management (PGDM) from IIM, Bangalore.