Anand Mahindra
| Anand Mahindra | |
|---|---|
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| Born | 1 May 1955 Mumbai, Maharashtra, India |
| Residence | Mumbai, Maharashtra, India |
| Nationality |  Indian |
| Alma mater | Harvard University[1] |
| Occupation | Vice-Chairman, Managing Director of Mahindra |
| Net worth | $2.4 Billion(October 2011)[2] |
| Spouse | Anuradha Mahindra |
Anand Mahindra (हिंदी: आनंद महिन्द्र) (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.[3] Anand Mahindra resides in his hometown, Mumbai.Keshub Mahindra is uncle of Anand Mahindra.[4]
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[edit] Early life
Anand Mahindra was born into a well-known Punjabi khatri business family. He graduated magna cum laude from Harvard College, Cambridge, Massachusetts in 1977, where he was a member of the Phoenix S.K. Club.[5] 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.
[edit] Career
Mahindra returned to India and joined the Mahindra Ugine Steel 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.[6] 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.[7] 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,[8] Reva Electric Vehicles in 2010,[9] and Ssangyong Motor Company in 2010.[10] 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.[11]
[edit] Interests
Mahindra used to play tennis and has now taken up sailing. He studied filmmaking at Harvard[12] and remains a keen photographer with a strong interest in film. He enjoys listening to the blues [13] 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.[14]
[edit] Other activities
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 is the co-chair at the World Economic Forum at Davos.
He is Past President 2003-04 of the Confederation of Indian Industry[15] 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.[16]
Mahindra is the Founder Chairman of the Mumbai Festival,[17] 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.
[edit] Organizations
Anand is a member of Harvard Business School - 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
[edit] Awards
- 'Knight of the Order of Merit' by the President of the French Republic
- Rajiv Gandhi 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
- CNBC Asia Business Leader Award for the year 2006
- The Most Inspiring Corporate Leader of the Year 2007 from NDTV Profit.
- Named Business Leader of the Year by the Economic Times Awards 2008-2009[18]
- Named Business Leader of the Year in 2011 at The Asian Awards [19]
[edit] References
- ^ Bellman, Eric (2010-10-06). "Mahindra Donates $10 Million to Harvard - WSJ.com". Online.wsj.com. http://online.wsj.com/article/SB10001424052748703735804575535622456801034.html. Retrieved 2011-01-24.
- ^ "#68 Anand Mahindra". Forbes. 2011-10-26. http://www.forbes.com/lists/2011/77/india-billionaires-11_Anand-Mahindra_GML3.html.
- ^ "Mahindra and Mahindra:Tribune News Service". Tribuneindia.com. http://www.tribuneindia.com/2007/20070621/ldh1.htm#13. Retrieved 2011-01-24.
- ^ Karmali, Naazneen (9 May 2011). "Mahindra's Secret Global SUV Page 2 of 3". Forbes. http://www.forbes.com/forbes/2011/0509/global-2000-11-asia-anand-mahindra-autos-tata-rough-ready_2.html.
- ^ "Business Week Executive Profile". Investing.businessweek.com. http://investing.businessweek.com/research/stocks/people/person.asp?personId=6015566&symbol=MAHM.BO. Retrieved 2011-01-24.
- ^ "#82 Keshub Mahindra". Forbes. 2011-10-26. http://www.forbes.com/lists/2011/77/india-billionaires-11_Keshub-Mahindra_XMZA.html.
- ^ Kotak Finance in News,.
- ^ Tech Mahindra acquires Satyam, outbidding L&T, The Hindu, 2009-04-14
- ^ "Mahindra & Mahindra buys 55% in Reva to power electric car biz". Economic Times. 2010-05-27. http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/mahindra--mahindra-buys-55-in-reva-to-power-electric-car-biz/articleshow/5978957.cms. Retrieved 2011-02-18.
- ^ "Mahindra buys Ssangyong for 377 million adding sales outside India". Bloomberg. 2010-11-23.
- ^ "Mumbai's Top 50 Influentials - DNA". Dnaindia.com. 2009-07-30. http://www.dnaindia.com/specialfeatures/slideshow_people-who-impact-mumbai_1278335-10. Retrieved 2011-01-24.
- ^ An Interview with Anand Mahindra.
- ^ "Anand Mahindra". Mahindra.com. 2011. http://mahindra.com/mahindra/who-we-are.page?cname=who-we-are&dname=Our-Leadership&scat=Anand-Mahindra. Retrieved 2011-02-18.
- ^ "anand mahindra (anandmahindra) on Twitter". Twitter.com. http://www.twitter.com/anandmahindra. Retrieved 2011-01-24.
- ^ The Hindu on CII President,.
- ^ Anand becomes NSC Chairman,.
- ^ The Hindu Business Line on Mumbai Festival,.
- ^ "Features". The Times Of India. 2009-08-25. http://economictimes.indiatimes.com/Features/ET-Awards-2008-09-Business-Leader-of-the-Year-Anand-Mahindra/articleshow/4930898.cms?curpg=1.
- ^ The Asian Awards 2011 Winners Anounced
[edit] External links
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Wikimedia Commons has media related to: Anand Mahindra |
- CNN on Anand
- Anand Mahindra Business India's Business Man of the Year 2007
- Anand on CNN Talk Asia
- NSC Chairman Profile
- Building a Knowledge Economy on Growth
- Anand Mahindra on Twitter
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