Meet the leaders whose pioneering efforts build and nurture a strong team to drive quality execution for a brighter tomorrow.
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Mr. Basant Jain
MD & CEO
Mahindra Susten- x
Mr. Basant Jain
MD & CEO
Mahindra SustenWith over 15 years of experience at the Aditya Birla Group, Raymond, Vedanta Group, and the GVK Group, among others Mr. Jain brought the conglomerate approach to . to the Mahindra Group in June 2005 and played a key part in shaping Mahindra & Mahindra’s Infrastructure Sector. Since 2012, Mr. Jain has been CEO of Mahindra Susten Private Limited (formerly Mahindra EPC Services Private Limited).
Process driven in his approach, he likes to take a breather from his routine by catching a game of tennis and is amongst the few men who enjoy watching a test match. His idea of unwinding is prepping a hot meal in the kitchen, where he loves to cook for the ones he adores.
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Mr. Pramod Kalyanshetti
Chief Commercial Officer- x
Mr. Pramod Kalyanshetti
Chief Commercial OfficerMr. Pramod Kalyanshetti has a Bachelor’s Degree in Automobile Engineering and has done his MBA with additional qualification in Business Law from National Law School Bangalore. He brings more than 19 years of experience in the areas of supply chain management, contract management, commercial and financial risk management domains.
Prior to joining Mahindra Susten, he was associated with Sterlite Industries, Larsen & Toubro and KPMG.
He enjoys reading immensely, history and science are his preferred genres. He likes to know about the past of anything and not only cultures – it could be the history of telephones, language, people, conspiracies, etc. Along with reading, he likes observing behaviours, seeing new things being sold, exploring new market places, where he loves taking long walks bustling with people.
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Mr. Avinash Bapat
Chief Financial Officer
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Mr. Avinash Bapat
Chief Financial Officer
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Mr. Mandar Joshi
Company Secretary
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Mr. Mandar Joshi
Company Secretary
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Mr. Zhooben Dosabhoy Bhiwandiwala
Director
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Mr. Zhooben Dosabhoy Bhiwandiwala
Director
President – Mahindra Partners and Group Legal Member of Mahindra Group Executive Board
Mr. Zhooben Bhiwandiwala currently heads the Mahindra Partners division and additionally overseas the Group Legal function. The Mahindra Partners division is the 1 Bn USD Private Equity and Venture Capital division of the Mahindra Group and is the channel for the Groups diversified new investments.
Zhooben joined the Mahindra Group in 1985, and through a remarkable 32-year career has acquired a wide spectrum of experience across diverse roles in a number of key positions in several business sectors. As a long-standing veteran, he has traversed an interesting path across the Group during the past three decades — in terms of the diversity of roles, their geographic reach and location, as also the industry verticals.
He has, during this tenure, acquired broad-ranging cross-functional experience across several industries, and his active roles have embraced finance, legal, significant cross border M&A, HR, marketing, strategy, and other commercial functions. Zhooben has spent around 7 years on deputation to international assignments in the UK and US through the span of his career been extensively involved in international operations, incubating/investing in new businesses, start-ups, joint ventures, and mergers & acquisitions. He is also an active participant in several Group corporate initiatives and is the Chairman of the HR Academy at the Mahindra Learning University.
Currently, Zhooben is a Director on the Boards of a number of companies of the Mahindra Group including many of its overseas subsidiaries. Among others, he sits on the Boards of Mahindra Logistics, Mahindra Intertrade, Mahindra CIE, First Cry, Scoot Networks USA, Mahindra Finance USA, The East India Company, etc. He is also a member of the Global Advisory Board of i-Probono, UK, and Safe Kids Foundation, India.
Zhooben is one of the chief architects of Mahindra Partners. The Division adapts the Group’s unique strengths of constant innovation, prudence and creative business models with the mandate of incubating new ventures for the Group. Mahindra Partners accelerates value creation through a diversified global portfolio of emergent businesses spanning various industry sectors like Cleantech, Logistics, Steel, Retail, Consulting, Media, Speed Boat Manufacturing, Conveyor Systems, and several other portfolio investments.
While professionally qualified as a Chartered Accountant, he has through these exposures collected a rich basket of experience and made valuable contributions to the Mahindra Group.
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Mr. Basant Jain
MD & CEO
Mahindra Susten- x
Mr. Basant Jain
MD & CEO
Mahindra SustenWith over 15 years of experience at the Aditya Birla Group, Raymond, Vedanta Group, and the GVK Group, among others Mr. Jain brought the conglomerate approach to . to the Mahindra Group in June 2005 and played a key part in shaping Mahindra & Mahindra’s Infrastructure Sector. Since 2012, Mr. Jain has been CEO of Mahindra Susten Private Limited (formerly Mahindra EPC Services Private Limited).
Process driven in his approach, he likes to take a breather from his routine by catching a game of tennis and is amongst the few men who enjoy watching a test match. His idea of unwinding is prepping a hot meal in the kitchen, where he loves to cook for the ones he adores.
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Mr. Parag Chandulal Shah
Director
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Mr. Parag Chandulal Shah
Director
Managing Partner, Mahindra Partners
Mr. Parag is the Managing Partner of Mahindra Partners, the 1Bn USD Private Equity and Venture Capital division of the 20.7 Bn USD Mahindra Group. In a career spanning over 20 years, he has held various positions with the Mahindra Group and has extensive experience in building new businesses, startups, turn arounds, joint ventures and mergers & acquisitions.
He is a Director on several Mahindra Group companies such as Mahindra Logistics (Listed), Mahindra Intertrade, Mahindra Susten, Mahindra Vehicle Manufacturers, Mahindra Marine, Mahindra Retail & Mahindra Consulting Engineers. He is the Co-Chairman of the Group Diversity Council & is an Executive Committee member of various councils of Mahindra Learning University along with the Group lead for business representation in Israel and is also an Independent Director on the board of HDFC Asset Management Company Limited.
Parag is one of the chief architects of Mahindra Partners, the Division adapts the Group’s unique strengths of constant innovation, prudence and creative business models with a mandate of incubating new ventures for the Group. Mahindra Partners accelerates value creation through a diversified global portfolio of emergent businesses spanning various industry sectors like Cleantech, Logistics, Steel, Retail, Consulting, Media, Healthcare, Boat Manufacturing, Conveyor Systems, AI & Analytics.
Prior to his current assignment, he worked for the Office of the Vice Chairman & Managing Director and was involved in New Business Development and strategy for the Group. Also a Chief Executive Officer of Officemartindia Ltd., a consulting & e-commerce company within the Group. Before joining the Mahindra Group in 1999, he was Managing Director of Systems Marketing India Pvt. Ltd., a private business with interests in Manufacturing, Investment Banking, and Trading.
Holding a BS Degree in Computer Engineering from the Illinois Institute of Technology with special electives in Psychology and Manufacturing Technology; also a graduate of the General Management Program from Harvard Business School.
Parag has been an Executive Committee Member of the CII National Committee on Private Equity and Venture Capital, FICCI Solar Energy Task Force, CII National Committee on Renewable Energy, American Alumni Association in addition to other external associations. He is also an angel investor & is on the advisory board of Trustees of The IndUS Entrepreneurs, Mumbai (TiE).
He has been invited as a speaker at various industry and academic forums globally like IFC/EMPEA, FICCI, BCCI, CII, VCCircle, WILL, Solarcon, AON Hewitt, KPMG, Indo-Israel CEO forum.
Parag has been recognized by Economic Times & Spencer Stuart as India’s Top 40 Business Leaders under the age of 40. He was also featured by India Today as ‘Leaders of Tomorrow’ in their anniversary issue.
He is affiliated with various NGO associations such as Sabarkanta Relief Committee and S&G Charitable Trust and has been a Founder Director of “Executives Without Borders”, an NGO based in the USA.
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Dr. Anup Pravin Shah
Independent Director
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Dr. Anup Pravin Shah
Independent Director
Dr. Anup Shah, aged 42 years, is a Fellow Member of The Institute of Chartered Accountants of India and a rank holder at the Inter and Final level of exams conducted by ICAI. He is both a Law Graduate and a Ph.D. in commerce. Furthermore, pursuing Business Consultancy Studies from Jamnalal Bajaj Institute
He has contributed articles/papers to several publications, newspapers and at conferences, delivered talks at seminars and workshops across India and published books and articles in the areas of tax advisory, business restructuring, capital markets regulations, foreign investments, international tax, PE investments, real estate structuring, management consultancy, valuations, property matters and Accounting, having over 20 years of experience.
Dr. Shah is a Senior Partner of M/s. Pravin P Shah & Co., Chartered Accountants, Mumbai
He also chairs the Boards of several public companies.
o Claris Lifesciences Limited
o Jai Corp Limited
o Marathon Nextgen Realty Limited
o JM Financial Capital Limited
o JM Financial Services Limited
o JM Financial Credit Solutions Limited
o JM Finance Home Loans Limited -
Ms. Ami Goda
Director
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Ms. Ami Goda
Director
Ami has an extensive experience of 17 years primarily in Corporate Finance. She has held positions of responsibility in Business Finance, Commercial Finance, Supply chain Finance, Pricing, Deal structuring and Financial Planning. She is joining us from General Electric (GE) where she was responsible for the $1Bn Equipment and Services business for Onshore Wind Asia region. During her 14 years at GE, she has worked across multiple business segments – Financial services, Healthcare, Transportation, Renewables Onshore and across geographies – Asia, Growth markets and India.
Ami is an MBA from Narsee Monjee Institute of Management Studies, Mumbai. Ami is married to Alok Dhar and are based in Mumbai. In her free time, she loves to read, goes hiking and listens to ghazals.
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Mr. Ramesh Ganesh Iyer
Director
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Mr. Ramesh Ganesh Iyer
Director
Vice-Chairman & Managing Director – Mahindra & Mahindra Financial Services, President – Financial Services Sector & Member of the Group Executive Board – Mahindra & Mahindra Limited
Ramesh’s key mandate at Mahindra Group is to drive inclusive growth, aligned to our guiding belief of delivering rural prosperity. He has been instrumental in building Mahindra Finance since 1994 and the experience comes in handy when managing a team of over 30,000 employees, spread across 1,600+ branches in the country. His efforts have led to the creation of a potentially global financial services powerhouse. He has also supported the rapid expansion of Mahindra & Mahindra’s mobility and tractor businesses.
He manages the Financial Services Sector of the Group which includes Mahindra & Mahindra Financial Services Limited, Mahindra Insurance Brokers Limited, Mahindra Rural Housing Finance Limited, Mahindra Asset Management Company Private Limited, and Mahindra Trustee Company Private Limited. He also overviews the operations of Mahindra Finance USA, LLC., which is a U.S. joint venture with De Lage Landen Financial Services Inc., (DLLFS) a wholly-owned subsidiary of the Rabobank Group. The total Assets Under Management (AUM) of the Sector is around Rs. 62,000 Crores (around 9 billion US$).
Ramesh is a key contributor to the Country’s Financial Services Sector and is an active member of the National Committee on Financial Inclusion and Digitisation of Confederation of Indian Industry (CII). He is also a member of the CII National Committee on Leadership & HR. Ramesh chairs the CII WR Task Force Committee on Human Resources and is also the Co-Chairman of the NBFC Committee of IMC Chamber of Commerce & Industry. He is an eminent member of the Banking & Finance Committee of the Bombay Chamber of Commerce and Industry (BCCI), the Finance Industry Development Council (FIDC) and the Taskforce of NBFCs of the Federation of Indian Chambers of Commerce and Industry (FICCI). He also serves on the boards of several Mahindra Group Companies. Apart from being on the various bodies of Financial Services Sector, Ramesh is also on the Advisory Boards of various Educational Institutions like IITB-Washington University, Vidyalankar Institute Of Technology – School Of Management, WeSchools’ PGDM-Rural Management Committee and on the College Development Committee of Vivek College of Commerce.
He is a recipient of various prestigious awards like: ‘Asia Pacific Entrepreneurship Award (APEA) 2017 INDIA’, ‘Best CEO ~ Financial Services Sector Mid Cap’ award by Business Today, ‘CEO – FINANCIAL SERVICES’ at the CEO AWARDs organised by CEO India magazine and was also one of the finalists in the ‘CNBC 15th Asia Business Leaders Awards 2016’ held in Jakarta, Indonesia and was featured in Business Today magazine in the top 40 BFSI CEOs of India.
The Company under his leadership was honored with the Forbes India “Conscious Capitalist of the Year” Award. Mahindra Finance also won the Aon Best Employer Award for 2017 and has featured on the Economic Times-Great Place to Work Institute’s Great Place to Work List for three successive years. Mahindra Finance is ‘amongst the best’ BFSI brands 2018 recognised by The Economic Times. Ramesh holds an MBA degree from Mumbai University and is an alumnus of several management and leadership programs conducted in India, the US, France, and China by institutions like IIM (Bangalore), Michigan Business School, Harvard Business School, and IMD, Switzerland.
He is a contributor at various BFSI forums as a guest speaker, jury member, moderator, and anchor.
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Mr. Amit Raje
Director
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Mr. Amit Raje
Director
Amit Raje is currently Executive Vice President— Partnerships & Alliances and is responsible for leading M&A and Investor Relations at the Mahindra Group.
Prior to joining Mahindra Group, Amit was the Managing Director in the Principal Investing Area of Goldman Sachs. He was a Nominee Director of Goldman Sachs on the Boards of Noveltech Feeds Ltd, Good Host Spaces Ltd and Global Consumer Products Private Ltd. Amit has cumulative experience of over 20 years in Corporate Finance, Mergers & Acquisitions and Private Equity. Prior to Goldman Sachs, he worked with Kotak Investment Advisors Ltd, the alternate asset arm of Kotak Mahindra Bank, and Deloitte & Co in the Transaction Advisory Services.
Amit is a postgraduate from Mumbai University and an MBA with a specialisation in Finance & Private Equity, from the London Business School.
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Mr. Diwakar Gupta
Independent Director
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Mr. Diwakar Gupta
Independent Director
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Mr. Manoj Bhat
Director
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Mr. Manoj Bhat
Director
Mr Manoj Bhat is the Group Chief Financial Officer and member of the Group Executive Board of the Mahindra Group. Manoj leads the Mahindra Group’s finance vertical. He collaborates with all the Group companies finance leadership teams on strategy, governance, and controllership; providing leadership on all aspects related to financial planning & analysis, financial reporting, business planning, tax management, fund raising, investor relations and treasury operations. Manoj is a director on the boards of Tech Mahindra, Pininfarina SPA, Classic Legends, Meru Travel Solutions and Smartshift Logistics Solutions Ltd.
In his prior role, Manoj was the Chief Financial Officer at Tech Mahindra, responsible for the Finance and Secretarial functions across 160 subsidiaries and over 90 countries. In his 15 years at Tech Mahindra , he has had responsibilities for various functions like Finance, Corporate Planning & Development, M&A and Strategy. Manoj started his career with HCL Perot Systems and worked in various finance leadership roles across multiple geographies.
Manoj has a Bachelor’s in Technology degree from IIT Mumbai and a Postgraduate Diploma in Management (PGDM) from IIM Bangalore.
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Mr. Amit Sinha
Director
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Mr. Amit Sinha
Director
Amit Sinha has been appointed by Mahindra and Mahindra as President, Group Strategy, effective 1st November 2020. Amit is leading the Group Strategy Office and works with Group’s overall
portfolio of businesses for growth over the short, medium and long-term. He also champions the international council and helps coordinate international synergies across Americas, Asia Pacific and Africa. His portfolio also includes the Risk and Economist functions.He is part of the Group Corporate Office Leadership Team Prior to joining us, Amit was a Senior Partner and Director with Bain & Company. Over 18 years at Bain, he managed large-scale, multi-country strategy, organization, digital and performance improvement projects. He also led numerous commercial due diligences and full potential portfolio strategy projects (post buyout) for
leading Private equity funds across U.S., and India. Amit started his career with Tata Motors and worked with IGate Patni (now Capgemini) in technology leadership roles in India, Singapore and US.Amit holds dual MBA from The Wharton School, University of Pennsylvania, specializing in Finance and Strategy, where he was a Palmer scholar and received Siebel Scholarship. He holds a bachelor of Engineering (Electrical and Electronics) from the Birla Institute of Technology, Ranchi. Amit is also an Ananta Aspen Fellow as part of their India leadership fellowship program.
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Mr. Amit Sinha
Member
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Mr. Amit Sinha
Member
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Ms. Ami Goda
Member
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Ms. Ami Goda
Member
Ami has an extensive experience of 17 years primarily in Corporate Finance. She has held positions of responsibility in Business Finance, Commercial Finance, Supply chain Finance, Pricing, Deal structuring and Financial Planning. She is joining us from General Electric (GE) where she was responsible for the $1Bn Equipment and Services business for Onshore Wind Asia region. During her 14 years at GE, she has worked across multiple business segments – Financial services, Healthcare, Transportation, Renewables Onshore and across geographies – Asia, Growth markets and India.
Ami is an MBA from Narsee Monjee Institute of Management Studies, Mumbai. Ami is married to Alok Dhar and are based in Mumbai. In her free time, she loves to read, goes hiking and listens to ghazals.
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Dr. Anup Shah
Member
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Dr. Anup Shah
Member
Finance and Accounts Audit Committee
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Mr. Zhooben Bhiwandiwala
Member
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Mr. Zhooben Bhiwandiwala
Member
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Mr. Parag Shah
Member
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Mr. Parag Shah
Member
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Dr. Anup Shah
Member
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Dr. Anup Shah
Member
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Ms. Ami Goda
Member
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Ms. Ami Goda
Member
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Mr. Ramesh Iyer
Member
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Mr. Ramesh Iyer
Member