Anand Mahindra

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Anand Mahindra
Anand Mahindra (1).jpg
Born (1955-05-01) 1 May 1955 (age 58)
Mumbai, Maharashtra, India
Residence Mumbai, Maharashtra, India
Nationality India Indian
Alma mater The Lawrence School Lovedale Harvard University[1][2]
Harvard Business School[2]
Occupation Chairman and Managing Director of Mahindra & Mahindra Limited
Net worth $825 million (October 2011)[3]
Spouse(s) Anuradha Mahindra

Anand Mahindra (हिन्दी: आनन्द महिन्द्रा) (born 1 May 1955) is the Chairman and Managing Director of Mahindra & Mahindra.[4] His grandfather KC Mahindra co-founded the company from his hometown Ludhiana, Punjab.[5] Keshub Mahindra is the uncle of Anand Mahindra.[6]

Early life[edit]

Anand Mahindra studied at The Lawrence School Lovedale early in his life and then graduated magna cum laude from Harvard College, Cambridge, Massachusetts in 1977 [2][7] 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.[8]

Career[edit]

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.[9] Mahindra was a co-promoter of Kotak Mahindra Finance Ltd, which was converted into a bank in 2003.[10]

Under Anand Mahindra's leadership, the Mahindra group 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,[11] Reva Electric Vehicles in 2010,[12] and Ssangyong Motor Company in 2010.[13] In 2002, the company launched an indigenously developed SUV, the Scorpio, which today has gone global.

Interests[edit]

Anand Mahindra studied filmmaking at Harvard[14] and remains a keen photographer with a strong interest in film. He also enjoys listening to the blues [15] 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.[16]

Other activities[edit]

Between 2003-04 he chaired the Confederation of Indian Industry (CII) [17]

Mahindra is a Director of The National Stock Exchange of India Limited appointed under the "Public Representatives" category.

He is the Chairman of National Safety Council of India.[18]

Mahindra is the Founder Chairman of the Mumbai Festival,[19] which was launched in January 2005. The event was the first comprehensive festival to celebrate the rich cultural diversity of the city.

He is also a Trustee of Naandi Foundation.[20]

Mahindra is also the Chairman of the National Institute of Design's Governing Council.

He is the current chairman of the governing board at the National Institute of Design, Ahmedabad.[21]

Awards[edit]

References[edit]

  1. ^ Bellman, Eric (2010-10-06). "Mahindra Donates $10 Million to Harvard - WSJ.com". Online.wsj.com. Retrieved 2011-01-24. 
  2. ^ a b c Anand Mahindra - Harvard Humanities 2.0
  3. ^ "#68 Anand Mahindra". Forbes. 2011-10-26. 
  4. ^ "Anand G. Mahindra MBA". Businessweek. Retrieved 11 April 2013. 
  5. ^ "Mahindra and Mahindra:Tribune News Service". Tribuneindia.com. Retrieved 2011-01-24. 
  6. ^ Karmali, Naazneen (9 May 2011). "Mahindra's Secret Global SUV Page 2 of 3". Forbes. 
  7. ^ "Business Week Executive Profile". Investing.businessweek.com. Retrieved 2011-01-24. 
  8. ^ http://www.forbes.com/lists/2011/77/india-billionaires-11_Anand-Mahindra_GML3.html
  9. ^ "#82 Keshub Mahindra". Forbes. 2011-10-26. 
  10. ^ Kotak Finance in News,.
  11. ^ Tech Mahindra acquires Satyam, outbidding L&T, The Hindu, 2009-04-14, retrieved 2011-02-18 
  12. ^ "Mahindra & Mahindra buys 55% in Reva to power electric car biz". Economic Times. 2010-05-27. Retrieved 2011-02-18. 
  13. ^ "Mahindra buys Ssangyong for 377 million adding sales outside India". Bloomberg. 2010-11-23. 
  14. ^ An Interviews with Anand Mahindra.
  15. ^ "Anand Mahindra". Mahindra.com. 2011. Retrieved 2011-02-18. 
  16. ^ "anand mahindra (anandmahindra) on Twitter". Twitter.com. Retrieved 2011-01-24. 
  17. ^ The Hindu on CII President.
  18. ^ Anand becomes NSC Chairman,.
  19. ^ The Hindu Business Line on Mumbai Festival,.
  20. ^ http://www.naandi.org
  21. ^ "No product can succeed without a good design: Anand Mahindra". Ahmedabad. The Economic Times. 27 December 2012. Retrieved 2012-12-31. 
  22. ^ http://media.cnbc.com/i/CNBC/Sections/CNBC_TV/CNBC_Asia/Programmes/Asia_Business_Leaders_Awards/ABLA9th/Common_Components/abla9th_mediapickup.pdf
  23. ^ "Features". The Times Of India. 2009-08-25. 
  24. ^ The Asian Awards 2011 Winners Announced

External links[edit]