Anand Mahindra
Encyclopedia
Anand Mahindra (Born on 1 May 1955) is the Vice Chairman and Managing Director of one of India’s largest enterprise, Mahindra & Mahindra. His grandfather KC Mahindra co-founded the company from his hometown Ludhiana, Punjab. Anand Mahindra resides in his hometown, Mumbai
.Keshub Mahindra
is uncle of Anand Mahindra.
, Cambridge, Massachusetts
in 1977, where he was a member of the Phoenix S.K. Club. and completed his MBA from Harvard Business School
, Boston
, Massachusetts in 1981.According to October
26,2011 rankings of Forbes
,his net worth is US $ 825 million and is ranked #68 in India's rich list.
Company (MUSCO) as Executive Assistant to the Finance Director in 1981. He became President and Deputy Managing Director in 1989. During this time, he spearheaded the Mahindra Group’s diversification into the new business areas of real estate development and hospitality. In 1991, he was appointed Deputy Managing Director of Mahindra & Mahindra Ltd. He became the Managing Director in 1997 and took charge from Keshub 14 years ago in 1997. He took on the additional responsibility of Vice Chairman in 2003.
Mahindra was a co-promoter of Kotak Mahindra Finance Ltd, which was converted into a bank in 2003. Kotak Mahindra Bank
is one of the foremost private sector
banks today.
Under Anand Mahindra's leadership, the Mahindra Group has set global ambitions and benchmarks for success. The company has grown rapidly through both acquisitions and greenfield business development with several high-profile mergers in the past few years, including the acquisition of Satyam Computer Services in 2009, Reva Electric Vehicles in 2010, and Ssangyong Motor Company in 2010. In 2002, the company launched an indigenously developed SUV, the Scorpio
, which today has gone global.
He has recently been ranked amongst the most influential men & women in Mumbai by Daily News and Analysis.
and has now taken up sailing
. He studied filmmaking at Harvard and remains a keen photographer with a strong interest in film. He enjoys listening to the blues and helped set up an annual Mahindra Blues Festival in Mumbai in 2011. Anand Mahindra has recently become a regular user of the social media tool Twitter
.
Association of India, an association dedicated to the promotion of professional management in India. The association has grown substantially over the years.
He is the co-chair at the World Economic Forum at Davos.
He is Past President 2003-04 of the Confederation of Indian Industry and has also been President of the Automotive Research Association of India (ARAI).
Mahindra is a Director of The National Stock Exchange of India
Limited appointed under the "Public Representatives" category.
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.
He is the Chairman of National Safety Council of India.
Mahindra is the Founder Chairman of the Mumbai Festival, which was launched in January 2005. The event was the first comprehensive festival to celebrate the rich cultural diversity of the city.
He is the Co-Chairman of the International Council of the Asia Society, New York.
- Asia-Pacific Advisory Board, Harvard Business School - Member of the Board of Dean's Advisors, Harvard University Asia Centre - Advisory Committee, Asia
Business Council, National Sports Development Fund (NSDF), Government of India
- Council and Executive Committee, The Nehru Centre, Mumbai - Executive Committee, National Council of Applied Economic Research, National Institute of Bank Management, Pune
- Governing Board
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
.Keshub Mahindra
Keshub Mahindra
Keshub Mahindra is the Chairman of the Mahindra Group, including Mahindra & Mahindra Limited. As per Forbes Mar 2011 rankings, Keshub Mahindra has networth of $615 Million and is ranked #82nd richest person in India. Keshub Mahindra is uncle of Anand Mahindra...
is uncle of Anand Mahindra.
Early life
Anand Mahindra was born into a well-known Punjabi khatri business family. He graduated magna cum laude from Harvard CollegeHarvard College
Harvard College, in Cambridge, Massachusetts, is one of two schools within Harvard University granting undergraduate degrees...
, Cambridge, Massachusetts
Cambridge, Massachusetts
Cambridge is a city in Middlesex County, Massachusetts, United States, in the Greater Boston area. It was named in honor of the University of Cambridge in England, an important center of the Puritan theology embraced by the town's founders. Cambridge is home to two of the world's most prominent...
in 1977, where he was a member of the Phoenix S.K. Club. and completed his MBA from Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
, Massachusetts in 1981.According to October
October
October is the tenth month of the year in the Julian and Gregorian Calendars and one of seven months with a length of 31 days. The eighth month in the old Roman calendar, October retained its name after January and February were inserted into the calendar that had originally been created by the...
26,2011 rankings of Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
,his net worth is US $ 825 million and is ranked #68 in India's rich list.
Career
Mahindra returned to India and joined the Mahindra Ugine SteelMahindra Ugine Steel
Mahindra Ugine Steel is a manufacturer of specialty steel, stampings, and rings headquartered in Mumbai, India. It is a subsidiary of the Mahindra Group, one of India's largest industrial houses....
Company (MUSCO) as Executive Assistant to the Finance Director in 1981. He became President and Deputy Managing Director in 1989. During this time, he spearheaded the Mahindra Group’s diversification into the new business areas of real estate development and hospitality. In 1991, he was appointed Deputy Managing Director of Mahindra & Mahindra Ltd. He became the Managing Director in 1997 and took charge from Keshub 14 years ago in 1997. He took on the additional responsibility of Vice Chairman in 2003.
Mahindra was a co-promoter of Kotak Mahindra Finance Ltd, which was converted into a bank in 2003. Kotak Mahindra Bank
Kotak Mahindra Bank
The Kotak Mahindra Bank is a financial organization established in 1985 in India. It was previously known as Kotak Mahindra Finance Limited, a non-banking financial company. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking...
is one of the foremost private sector
Private sector
In economics, the private sector is that part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state...
banks today.
Under Anand Mahindra's leadership, the Mahindra Group has set global ambitions and benchmarks for success. The company has grown rapidly through both acquisitions and greenfield business development with several high-profile mergers in the past few years, including the acquisition of Satyam Computer Services in 2009, Reva Electric Vehicles in 2010, and Ssangyong Motor Company in 2010. In 2002, the company launched an indigenously developed SUV, the Scorpio
Mahindra Scorpio
The Mahindra Scorpio is a SUV manufactured by Mahindra & Mahindra Limited, the flagship company of the Mahindra Group. It was the first SUV from the company built for the global market...
, which today has gone global.
He has recently been ranked amongst the most influential men & women in Mumbai by Daily News and Analysis.
Interests
Mahindra used to play tennisTennis
Tennis is a sport usually played between two players or between two teams of two players each . Each player uses a racket that is strung to strike a hollow rubber ball covered with felt over a net into the opponent's court. Tennis is an Olympic sport and is played at all levels of society at all...
and has now taken up sailing
Sailing
Sailing is the propulsion of a vehicle and the control of its movement with large foils called sails. By changing the rigging, rudder, and sometimes the keel or centre board, a sailor manages the force of the wind on the sails in order to move the boat relative to its surrounding medium and...
. He studied filmmaking at Harvard and remains a keen photographer with a strong interest in film. He enjoys listening to the blues and helped set up an annual Mahindra Blues Festival in Mumbai in 2011. Anand Mahindra has recently become a regular user of the social media tool Twitter
Twitter
Twitter is an online social networking and microblogging service that enables its users to send and read text-based posts of up to 140 characters, informally known as "tweets".Twitter was created in March 2006 by Jack Dorsey and launched that July...
.
Other activities
Mahindra is the co-founder of the Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
Association of India, an association dedicated to the promotion of professional management in India. The association has grown substantially over the years.
He is the co-chair at the World Economic Forum at Davos.
He is Past President 2003-04 of the Confederation of Indian Industry and has also been President of the Automotive Research Association of India (ARAI).
Mahindra is a Director of The National Stock Exchange of India
National Stock Exchange of India
The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...
Limited appointed under the "Public Representatives" category.
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.
He is the Chairman of National Safety Council of India.
Mahindra is the Founder Chairman of the Mumbai Festival, which was launched in January 2005. The event was the first comprehensive festival to celebrate the rich cultural diversity of the city.
He is the Co-Chairman of the International Council of the Asia Society, New York.
Organizations
Anand is a member of Harvard Business SchoolHarvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
- Asia-Pacific Advisory Board, Harvard Business School - Member of the Board of Dean's Advisors, Harvard University Asia Centre - Advisory Committee, Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
Business Council, National Sports Development Fund (NSDF), Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
- Council and Executive Committee, The Nehru Centre, Mumbai - Executive Committee, National Council of Applied Economic Research, National Institute of Bank Management, Pune
Pune
Pune , is the eighth largest metropolis in India, the second largest in the state of Maharashtra after Mumbai, and the largest city in the Western Ghats. Once the centre of power of the Maratha Empire, it is situated 560 metres above sea level on the Deccan plateau at the confluence of the Mula ...
- Governing Board
Awards
- 'Knight of the Order of Merit' by the President of the French Republic
- Rajiv GandhiRajiv GandhiRajiv Ratna Gandhi was the sixth Prime Minister of India . He took office after his mother's assassination on 31 October 1984; he himself was assassinated on 21 May 1991. He became the youngest Prime Minister of India when he took office at the age of 40.Rajiv Gandhi was the elder son of Indira...
Award 2004 for outstanding contribution in the business field - 2005 Leadership Award from the American India Foundation for his, and the Mahindra Group's commitment to corporate social responsibility
- Person of the Year 2005 from Auto Monitor
- CNBCCNBCCNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...
Asia Business Leader Award for the year 2006 - The Most Inspiring Corporate Leader of the Year 2007 from NDTVNDTVNDTV is an Indian commercial broadcasting television network founded in 1988. It was founded by Prannoy Roy, an eminent journalist and current chairman and director of NDTV Group. NDTV currently has more than 1,000 employees producing news from over twenty locations in India...
Profit. - Named Business Leader of the Year by the Economic Times AwardsEconomic Times AwardsThe Economic Times Awards for Corporate Excellence are the awards conferred by The Economic Times in the field of business, corporate and government policies, economies in India...
2008-2009