Anand Mahindra

 

Occupation-  Chairman and Managing director of Mahindra and Mahindra Limited 

Net worth-  11.1 billion USD

Alma mater- Harward University and Harward Business School 

Nationality- Indian

Spouse- Anuradha Mahindra 

Parents-  Indira Mahindra 

 

Mahindra and Mahindra is one of the most distinguished companies in India and at the same time the world over. The reason for this is a story of complete sustenance. In this respect Anand Mahindra has played a key role in channelizing the company but focusing on global objectives and standards for achieving success.Through his inimitable contribution in the field of business he is worthily one of the best and most inspiring corporate leaders of India. 

 

Anand Mahindra Early Life- Before understanding the early life of the businessman it is important to know a little bit about his family background. KC Mahindra the founder of the Mahindra Group has three daughters. However it was only his second daughter Indira the mother of Anand who showed a keen interest in the family business. Anand Mahindra was born on the 1st of May, 1955 in Mumbai. In 1977 he pursued a degree from the Harward College Cambridge Massachusetts. He also completed his MBA from Harward Business School in Boston in 1981.

 

Anand Mahindra Business career- Mahindra returned to India in 1981 and joined Mahindra Ugine Steel Company (MUSCO) as Executive Assistant to the Finance Director. By his efforts and ardent dedication he graduated towards the top ranks of the company. In 1989 he assumed the post of President and Deputy Managing director of the company. Holding this key portfolio he initiated the diversification of the company and focused on  sectors of real estate development and hospitality. The company till then was engaged in vehicles . His efforts and endeavor bore fruit and he was appointed the Managing Director of Mahindra and Mahindra within just two years. He continued working towards the diversification and as well as sustaining the other major sectors of the company. In 1997 he was made the Managing Director of the company and in 2003 was made the Vice Chairman. Mahindra was the co-promoter of Kotak Mahindra Finance Limited which was converted to a banking institution in 2003. Kotak Mahindra is one of the foremost private sector banks. The characteristic feature of Anand Mahindra’s style of management has been his keen ability counter obstacles and set global ambitions and standards for the company. The company has also grown through a series of acquisition and green field business ventures.  The major acquisitions the company has made the recent years include that of Scorpio 2002, Satyam Computer Services in 2009, Reva Electrics 2010, and Ssangyong Motor Company 2010.The launch of Scorpio was a major boost to the company. The first acquisition was a challenge for the company as he was forced to contend with various problems faced by the Scorpio. However the ambitious Scorpio SUV project paid off and he positioned it as a firm competitor in the Indian market.  Today the company enjoys a key position in almost all sectors of the economy utility vehicles, information technology, tractors, and vacation ownership. Its growing presence can be felt in real estate development, aerospace, retail, defense, energy, financial services, logistics and many more. The company is also present in as many as 100 companies around the world.

 

Anand Mahindra Interests and board representation- This is mostly an unknown fact by Anand Mahindra studied filmmaking while he was at Harward. He loves photography and continues to harness deep interests towards films. He also enjoys listening to blues. In the early part of his business career he loved playing tennis and today he is more interested in sailing. Anand Mahindra is also avid twiterati and has been a regular user of the social medium.

 

Board representation

•Anand is the co founder of Harward Business School Association of India.  This association is dedicated towards the promotion of professional management in the country.

•He is a director at the National Stock Exchange in India under the category public representative category

•He is a trustee of the KC Mahindra Education Trust 

•He is a chairman of the National Safety Council of  India

•He is also the founder of the Mumbai Festival 

•He is the chairman of the International Council of Asia Society

•He is also a trustee of the Nandi Foundation

•He is member of the  National Spots Development Federation of the Government of India

•Member of National Council for Applied Economic Research 

•Member of the National Institute of Bank Management Pune.  

 

Anand Mahindra personal life- Anand Mahindra is married to Anuradha Mahindra who works for various magazines.

 

Anand Mahindra quotes-

•Perspective- “"There is a degree of freedom that creates aspirations."

•About his company- "Stokes acquisition demonstrates our commitment to build a world-class business that serves global customers and enhances value for stakeholders."

•Advice- "Daily we must aspire to conquer all mistakes, all obscurities, and all ignorance."

 

Anand Mahindra Latest news-

Anand Mahindra and Kamal Nath Honoured with Asian Business Award 

Minister for Parliamentary Affairs Kamal R Nath and businessmen Anand Mahindra featured in the list of business and policy makers in Asia who were awarded with the business Award.Businessmen and leaders from UAE,Oman, India, Malaysia, Singapore, Thailand and Indonesia attended Asian Leadership Forum Awards where 17 outsatanding individuals from the field of business industry, infrastructure and energy were feted. The other winners from India incldued Mallika Shrinivasan, Chairman and CEO of TAFE who was awarded ABLF Woman of Power Award. Apart from that the JP group was also awarded along with Baba Kalyani who was awarded the lifetime acheivement Award. 

 

Anand Mahindra Awards