Mahindra Group appoints Manoj Bhat as CFO

Mahindra & Mahindra Limited on February 5 announced the appointment of Mr Manoj Bhat as the Group Chief Financial Officer with effect from April 2.

Dr. Anish Shah the current Deputy Managing Director and Group CFO of the Mahindra Group, will assume the role of Managing Director and Chief Executive Officer from April 2. Mr Bhat will report to Dr. Anish Shah and will be a part of the Group Corporate Office Leadership Team, according to a press release.

Commenting on the appointment, 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.”

Mr Bhat moves to the Mahindra Group from Tech Mahindra where he has been the CFO since June 2018.