Anand Mahindra (DIN: 00004695), the Executive Chairman of Mahindra & Mahindra is liable to retire by rotation and being eligible, has offered himself for re-appointment. Mr. Mahindra has completed 65 years of age.
Anand Mahindra Education
Mr. Mahindra graduated with Honours (Magna cum laude) from Harvard College, Cambridge, Massachusetts, in 1977. In 1981, he secured an MBA degree from the Harvard Business School, Boston, Massachusetts. He returned to India that year and joined erstwhile Mahindra Ugine Steel Company Limited (“MUSCO“), which was, at that time, the country’s foremost producer of specialty steels as Executive Assistant to the Finance Director.
In 1989, he was appointed Deputy Managing Director and President of MUSCO. During his stint at MUSCO, he initiated the Mahindra Group’s diversification into the new business areas of real estate development and hospitality management.
Mr. Mahindra was first appointed as a Director on the Board of the Company on 23rd November, 1989. He took over as Deputy Managing Director of the flagship company, Mahindra & Mahindra Limited in 1991 at a time when the turnover was US$ 177 million.
Anand Mahindra Net worth in Rupees
Anand Mahindra is one of the top billionaries in india and Anand mahindra net worth is currently value at US$1.6 billion (January 2020) and in rupees term it is valued at Rs 12000 Cr.
| Net worth | US$1.6 billion (January 2020) – Rs 12000 Cr. |
|---|
- Mr. Mahindra is an Executive Chairman of Mahindra & Mahindra Limited,
- Chairman of Tech Mahindra Limited and Classic Legends Private Limited and
- Director of Mahindra Holdings Limited, Prudential Management & Services Private Limited, The Mahindra United World College of India, Tech Mahindra Foundation, Araku Originals Private Limited, Naandi Community Water Services Private Limited and Invest India.
He initiated a comprehensive change programme in Mahindra & Mahindra Limited to make the Company an efficient and aggressive competitor in the new liberalised economic environment in India.
In April 1997, he was appointed as Managing Director of Mahindra & Mahindra Limited and in January 2001 given the additional responsibility of Vice Chairman. In August 2012, he was appointed as Chairman and designated as Chairman & Managing Director of Mahindra & Mahindra Limited and Chairman of the Mahindra Group.
Chairman of Mahindra & Mahindra Limited
In November, 2016, Mr. Mahindra was re-designated as Executive Chairman of Mahindra & Mahindra Limited and continues to be Chairman of the Mahindra Group.
During his tenure, Mahindra has also grown inorganically, seizing opportunities across the globe with acquisitions such as Swaraj Tractors, Reva Electric Car Company, Satyam Computer Services, Aerostaff Australia, Ssangyong Motors, Gippsland Aeronautics, Peugeot Motocycles, Holiday Club Resorts, SOFGEN Holdings Limited, Lightbridge Communications Corporation and Pininfarina S.p.A. amongst others.
During the year 1st April, 2019 to 31st March, 2020, six Board Meetings of the Company were held, and Mr. Anand Mahindra had attended all Meetings.
Companies Owned by Mahindra Group
India Inc. Leader
Mr. Mahindra is the co-founder of the Harvard Business School Association of India, an association dedicated to the promotion of professional management in India. He was a co-promoter of Kotak Mahindra Finance Limited, which was converted into the Kotak Mahindra Bank in 2003
It is one of foremost private sector banks in India today. As a leading industry figure, he has served as President of the Confederation of Indian Industry in 2003-04 and has also been President of the Automotive Research Association of India (ARAI). He also served on the Boards of the National Stock Exchange of India and the National Council of Applied Economic Research, as Chairman of the Governing Council of the National Institute of Design and the India Design Council, and as a member of the Council of Scientific & Industrial Research.
Anand Mahindra Recognition International Honours
Mr. Mahindra continues to receive several honours, which are: International Honours:
- Featured in Barron’s List of Top 30 CEOs worldwide (2016),
- Appointed Chevalier de l’Ordre national la Légion d’Honneur (Knight in the National Order of the Legion of Honour) by the President of the French Republic (March, 2016),
- First Indian recipient of the Harvard Medal by the Harvard Alumni Association (2014),
- Sustainabl Development Leadership Award from The Energy and Resources Institute (2014),
- Knighted as ‘Grand Officer of the Order of the Star of Italy’, a civilian award of State (2013),
- Global Leadership Award by the US-India Business Council (2012),
- Business Courage Award by Asia Business Leadership Forum (2012),
- Best Transformational Leader Award by the Asian Centre for Corporate Governance & Sustainability (2012),
- Featured in Asia’s 25 most powerful business people by Fortune magazine (2011) and Lloyds Banking Group Business Leader of the Year Award at The Asian Awards (2011).
Indian Honours: Honors and awards
- ‘Disruptor Personality of the Year Award’ by Bloomberg TV India (2016),
- ‘Social Media Person of the Year’ by the Internet and Mobile Association of India (2016),
- Conferred the degree of Doctor of Science (Honoris Causa) by the Indian Institute of Technology, Bombay (2015),
- Business Today CEO of the Year (2014),
- ‘Special Recognition for Creating a True Global Indian MNC’ at India’s Best Market Analyst Award by Zee Business (2013),
- Forbes India Leadership Awards ‘Entrepreneur for the Year’ (2013),
- Business Leader of the Year by NDTV (2012),
- JRD Tata Corporate Leadership Award from All India Management Association (2011),
- IMC Juran Quality Medal by IMC Ramkrishna Bajaj National Quality Award Trust (2010),
- CNBC TV18 Outstanding Business Leader of the Year (2009),
- Business Leader of the Year by Economic Times (2009),
- Ernst & Young Entrepreneur of the Year India Award (2009) and an Indian of the Year award by NDTV (2009).