February 5, 2021
1 min read

Mahindra Group picks Manoj Bhat as CFO

Bhat will move to the Mahindra Group from Tech Mahindra where he has been the CFO since June 2018, responsible for the finance and secretarial functions across 160 subsidiaries and over 90 countries…reports Asian Lite News

Mahindra & Mahindra Limited has announced the appointment of Manoj Bhat as the group Chief Financial Officer (CFO) with effect from April 2.

Bhat will move to the Mahindra Group from Tech Mahindra where he has been the CFO since June 2018, responsible for the finance and secretarial functions across 160 subsidiaries and over 90 countries.

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. Bhat will report to Shah and will be a part of the group corporate office leadership team.

Bhat will lead Mahindra Group’s finance organisation, working closely with the finance leadership teams of the group companies on strategy, governance and controllership; providing leadership on all aspects related to financial planning and analysis, financial reporting, business planning, tax management, fund raising and treasury operations.

Also read:FM hikes Capex by 34.5% in FY22

Previous Story

Clashes kill 26 in Afghanistan

Next Story

RBI announces Integrated Ombudsman Scheme

Latest from Business

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

Airbnb Boosts India Economy

Among international guests, the largest inbound sources were the United States, United Kingdom, Canada, and Australia Hospitality giant Airbnb made a significant impact on India’s economy in 2024, contributing Rs 113 billion

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s
Go toTop