Mahindra Group appoints Manoj Bhat as group CFO
Dr 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 2 April 2021. Manoj Bhat will report to Dr Anish Shah and will be a part of the “Group Corporate Office Leadership Team”.
Manoj will lead the company’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, fundraising and treasury operations.
Manoj had moved 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. He had been associated with Tech Mahindra since 2006 and held multiple positions with global responsibilities for business finance, investor relations, corporate planning, and mergers and acquisitions.
According to a company news release, he also played a key role in Tech Mahindra’s organic and non-organic growth initiatives including being a part of the acquisition and integration of Mahindra Satyam and the initial public offering of Tech Mahindra in 2006.
Before joining Tech Mahindra, Manoj was with Perot Systems and HCL Perot Systems in various leadership roles in treasury, business development finance, and strategy. He holds a bachelor’s degree in Electrical Engineering from IIT, Mumbai and a postgraduate diploma in management (PGDM) from IIM, Bangalore.
Written from a company news release.