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M&M announces board rejig, Anand Mahindra to be non-executive chairman

In a statement, the firm said Pawan Kumar Goenka has been re-appointed the managing director with additional responsibilities of chief executive officer

Anand Mahindra, Chairman of the Mahindra Group, speaks at the Bloomberg Global Business Forum, Sept. 25, 2019 in New York. (Photo: AP/PTI)
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Anand Mahindra, Chairman of the Mahindra Group, speaks at the Bloomberg Global Business Forum, Sept. 25, 2019 in New York. (Photo: AP/PTI)

Press Trust of India New Delhi
Mahindra & Mahindra (M&M) on Friday announced a rejig of its top management with Anand Mahindra, 64, transitioning to the role of non-executive chairman from executive chairman, effective 1 April, 2020.

In a statement, the firm said Pawan Kumar Goenka has been re-appointed the managing director with additional responsibilities of chief executive officer (CEO) for a year, effective 1 April, 2020.

The company has created the CEO position as it aims to implement its plans around electric mobility and capitalise on the synergies with Ford's India operations in the near future.

Further, Anish Shah will transition to become Managing Director and CEO on