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Mr Anand Mahindra
is a member of the class of ’77, Harvard College, Cambridge,
Massachusetts from where he graduated Magna cum Laude (High Honours).
In 1981, he secured an MBA from the Harvard Business School, Boston,
Massachusetts. He returned to India in 1981 where he 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 MUSCO. He relinquished this position with effect from 4 April
1991 when he was appointed Deputy Managing Director of Mahindra
& Mahindra Ltd, the country’s dominant producer of off-road
vehicles and agricultural tractors.
During his period
at MUSCO, he initiated the Mahindra Group’s entry into the
fields of real estate development and hospitality management.
Since 1991,
Mr Mahindra has been preoccupied with a comprehensive change programme
in Mahindra & Mahindra Ltd in order to make the company an efficient
and aggressive competitor in the new liberalised economic environment
in India.
In April 1997, Mr Mahindra was appointed Managing Director by the
Board of Mahindra & Mahindra Ltd. In January 2001, he was given
the additional responsibility of Vice Chairman of Mahindra &
Mahindra Ltd.
Mr Mahindra
was also the co-promoter of Kotak Mahindra Finance Ltd, one of India’s
most prominent finance companies in the private sector. The company
also entered into a joint venture with Goldman Sachs of the USA
in the field of investment banking in India. Kotak Mahindra Finance
Ltd has now been converted into a Bank – Kotak Mahindra Bank
with effect from 31 March 2003.
Mr Mahindra
writes frequently on business and general economic subjects in India’s
leading business magazines.
Other activities
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. The association has grown substantially
over the years.
He takes a keen interest in matters related to
education and apart from being a Trustee of the K C Mahindra Education
Trust which provides scholarships to students, he is also on the
Board of Governors of the Mahindra United World College of India.
Mr Mahindra has been appointed a Director of the
National Stock Exchange of India Limited under the ‘Public
Representatives’ category.
Mr Mahindra is a Member of the following organisations:
1. Confederation of Indian Industry (CII) – President 2003–2004.
2. Asia Society, New York – International Council.
3. Harvard Business School – Asia–Pacific Advisory Board.
4. Harvard Business School – Members of the Board of Dean’s
Advisors.
5. Harvard University Asia Centre – Advisory Committee.
6. Harvard Business School – Advisory Council of the Initiative
on Corporate Governance.
7. The Nehru Centre, Mumbai – Executive Committee.
8. National Council of Applied Economic Research.
9. Economic Development Board of Rajasthan.
10. National Institute of Industrial Engineering (NITIE), Mumbai
– Chairman.
11. National Institute of Bank Management, Pune – Governing
Board
Mr Mahindra
is Past Chairman of CII (Western Region). He is also the Past President
of the Automotive Research Association of India (ARAJ).
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