Mahindra Corporate

The Board of Directors of the Company has, as its members, eminent persons from Industry, Finance, Investment and other branches of business, who bring diverse experience and expertise to the Board.

The Company's current Board of Directors is as follows:

	NAME	DESIGNATION

1.	Mr. Keshub Mahindra	Chairman

2.	Mr. Anand G. Mahindra	Vice Chairman and Managing Director

3.	Deepak Shantilal Parekh	Director

4.	Nadir Burjorji Godrej	Director

5.	M. M. Murugappan	Director

6.	Bharat Narotam Doshi	Executive Director & Group Chief Financial Officer (Group CFO)

7.	Arun Kumar Nanda	Executive Director & Secretary

8.	Narayanan Vaghul	Director

9.	Dr. Ashok Sekhar Ganguly	Director

10.	R. K. Kulkarni	Director

11.	Anupam Pradip Puri	Director

12.	Thomas Mathew T.	Nominee of LIC

Mr. Keshub Mahindra – Chairman Top

Mr. Keshub Mahindra, Chairman of Mahindra & Mahindra Limited, is a B.Sc. graduate from Wharton, University of Pennsylvania, USA. After joining the Company in 1947, he became the Chairman in 1963. For over five decades, his continuous involvement has enabled the Mahindra Group to reach where it is today.

He is a well-known philanthropist who redefined corporate governance by effectively channelising funds into the social sector. He has contributed immensely to the cause of building ethical corporations in India and is currently part of numerous prestigious organisations and committees. He was also appointed by the Government of India to serve on a number of Committees including the Sachar Commission on Company Law & MRTP, Central Advisory Council of Industries etc. Today, he is an icon, an inspiring business leader and a distinguished corporate citizen that everyone looks up to.

Mr. Keshub Mahindra is on the Board of Directors of the following organisations:

•	Chairman of Mahindra Holdings & Finance Limited, Mahindra Ugine Steel Company Limited
•	Board of Governors of Mahindra United World College of India
•	Vice Chairman of Housing Development Finance Corporation Limited
•	Director in Bombay Burmah Trading Corporation Limited, Bombay Dyeing & Manufacturing Company Limited, Kema Services (International) Private Limited, United World Colleges International (UK) Limited, Rodal Investments Private Limited and Pratham-India Education Initiative

He is a member of the following organisations & committees:

•	Prime Minister's Council on Trade & Industry, New Delhi
•	Apex Advisory Council - ASSOCHAM
•	Founder Member - Indo-Hellenic Friendship League
•	Founder Member of Governing Council, Integrated Research & Action for Development (IRADe) New Delhi
•	President - Centre for Research in Rural & Industrial Development Society, Chandigarh
•	Chairman, Governing Body, Centre for Research in Rural & Industrial Development, Chandigarh
•	President Emeritus - Employers' Federation of India
•	President of the Governing Council - University of Pennsylvania Institute for the Advanced Study of India, New Delhi
•	Hon. Fellow - All India Management Association, New Delhi

Positions held by Mr. Keshub Mahindra: A Timeline

•	1966-67 President of Bombay Chamber of Commerce & Industry
•	1969-70 President of ASSOCHAM
•	1991-92 President of Indo-American Society
•	1978-95 President of M.V.I.R.D.C. - World Trade Centre
•	1975-85 Chairman of Indian Institute of Management, Ahmedabad
•	1971-75 Chairman of Housing & Urban Development Corporation Limited
•	1984-89 Member of the Foundation Board - International Management Institute, Geneva
•	1986-96 Hon. Member, Business Advisory Council - International Finance Corporation, Washington
•	1983-97 Member, International Council - Asia Society, New York
•	1998-2005 Chairman, India Nominating Committee 'Single Nation Programme' - Eisenhower Exchange Fellowships, USA

Spearheading social causes:

•	Chairman - Mahindra Foundation
•	Chairman, Board of Trustees - Population First
•	Member, Governing Board - United Way of Mumbai
•	Member of the International Advisory Board of University of Pennsylvania, Center for the Advanced Study of India, Philadelphia
•	Vice President - National Society for Clean Cities
•	Chairman and Founder Trustee - Bombay City Policy Research Foundation
•	Member, Governing Board - Bombay First
•	Chairman - Bombay First, Health & Environment Committee
•	Chairman & Trustee - K.C. Mahindra Education Trust
•	Hon. Member - Rotary Club of Bombay
•	Member of the Governing Body of HelpAge India from 2000-2004
•	Member of the Board of Governors of Bharat Shiksha Kosh from 2002-2005

Recipient of the following prestigious awards:

•	1987 Chevalier De La Legion D'honneur
•	1985 Companion - British Institute of Management
•	1972-82 Giants International Business Leadership Award
•	1980 NIF-Mody Enterprises Man of the Year Award
•	1983 Madras Management Association Business Leadership Award
•	1989 Business India - Businessman of the Year, India
•	1990 Honorary Fellowship of All India Management Association
•	1992 Rotary Award for Vocational Excellence
•	1992 Shiromani Award
•	1993 Vikas Jyoti Award for Outstanding Services, Contribution & Achievements
•	1994 FIE Foundation - Rashtra Bhushan Award
•	1994 The Sir Jehangir Ghandy Medal for Industrial Peace-XLRI, Jamshedpur
•	1996 Rotary Vocational Excellence Award in the field of Industry
•	1998 IMC Diamond Jubilee Endowment Trust Award
•	2000 Motorindia Automan Award
•	2000 Dadabhai Naoroji International Award for Excellence & Lifetime Achievement
•	2003 All India Management Association Lifetime Achievement Award for Management
•	2004 Award from Overdrive for Excellence in the Indian Automotive Hall of Pride
•	2004 Institute of Company Secretaries of India (ICSI) Lifetime Achievement Award for Excellence in Corporate Governance
•	2005 Qimpro Platinum Standard - Statesman for Quality - Business Award
•	2006 Lakshya Business Visionary Award - NITIE
•	2007 Indian Business School (IBS) Kolkata Lifetime Achievement Award presented by the Institute of Chartered Financial Analysts of India (ICFAI).

Top

Mr. Anand G. Mahindra Vice - Chairman & Managing Director

Mr. Anand G. Mahindra, Vice Chairman and Managing Director of Mahindra Group, graduated from Harvard College, Cambridge, Massachusetts, Magna cum Laude (High Honours). In 1981 he secured an MBA degree from the Harvard Business School, Boston, Massachusetts. He returned to India that year and joined Mahindra Ugine Steel Company Limited (MUSCO), the country's foremost producer of speciality steels, as Executive Assistant to the Finance Director. In 1989 he was appointed President and Deputy Managing Director of the company.

During his stint at MUSCO, he initiated the Mahindra Group's diversification into the new business areas of real estate development and hospitality management.

In the summer of 1991, he was appointed Deputy Managing Director of Mahindra & Mahindra Limited, the country's dominant producer of off-road vehicles and agricultural tractors.

He has since been engaged in a comprehensive change programme in Mahindra & Mahindra Limited to make the company an efficient and aggressive competitor in the new liberalised economic environment in India.

In April 1997, he was appointed Managing Director of Mahindra & Mahindra Limited and in January 2003 given the additional responsibility of Vice Chairman.

Mr. Mahindra was a co-promoter of Kotak Mahindra Finance Limited, which in 2003 was converted into a bank. Kotak Mahindra Bank is one of the foremost private sector banks today.

Mr. Mahindra frequently shares his views and ideas on Indian economy and business through his writings in some of India's leading business magazines.

Mr. Mahindra is the recipient of the following 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
•	CEO of the Year from India Brand Summit 2006
•	CNBC Asia Business Leader Award and India Business Leader Award for the year 2006
•	NDTV Profit Car & Bike Award 2007 for Automobile Man of the Year

OTHER ACTIVITIES

Mr. 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 Past President 2003-04 of the Confederation of Indian Industry and has also been President of the Automotive Research Association of India (ARAI).

Mr. 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.

Mr. Mahindra is the Founder Chairman of the Mumbai Festival, 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 and Co-President of The Euro India Centre.

Mr. Mahindra is a Member of the following organisations:

1.	Harvard Business School - Asia-Pacific Advisory Board
2.	Harvard Business School - Member of the Board of Dean's Advisors
3.	Harvard University Asia Centre - Advisory Committee
4.	Harvard Business School - Advisory Council of the Initiative on Corporate Governance
5.	Harvard Business School India Research Centre Society - Founder Member
6.	Asia Business Council
7.	International Enterprise Singapore - 2nd India Advisory Panel
8.	Microsoft India - Advisory Board
9.	National Sports Development Fund (NSDF), Government of India - Council and Executive Committee
10.	The Nehru Centre, Mumbai - Executive Committee
11.	National Council of Applied Economic Research
12.	National Institute of Bank Management, Pune - Governing Board

Deepak S. Parekh - Director Top

Deepak Parekh joined the Board of Mahindra & Mahindra in 1990. He is a Fellow of the Institute of Chartered Accountants (England & Wales). Since 1993, Mr. Parekh has been Chairman of HDFC Limited, the premier housing finance institution in India with financial intermediaries in various fields such as banking, consumer finance, credit ratings and real estate. Mr. Parekh has been a member of various committees set up by the Government of India.

Nadir B. Godrej - Director Top

Nadir Godrej joined the Board of Mahindra & Mahindra in August 1992. He holds a Bachelor degree in Chemical Engineering from the Massachusetts Institute of Technology, an M.S. in Chemical Engineering from Stanford University and has obtained an MBA from the Harvard Business School. He has been a Director of several Godrej companies since 1977. He has developed the animal feed, agricultural inputs and chemicals business of Godrej Soaps and other associated companies and has been active in research.

M.M. Murugappan - Director

Top


M. M. Murugappan has been a Director of the Company since August 1992. He holds a Bachelor of Technology degree in Chemical Engineering from the University of Madras and a Master of Science in Chemical Engineering from the University of Michigan. Mr. Murugappan is a member of the Supervisory Board of the Murugappa Group of companies, responsible for Technology and Research.


Narayanan Vaghul - Director	Top

Narayanan Vaghul has been a Director of the Company since 1996. He is currently Chairman of the Board of ICICI Bank Limited. Mr. Vaghul joined ICICI in 1985. He was instrumental in starting an investment bank, a commercial bank, a venture capital company and an asset management company, as part of the ICICI Group and was also responsible for the promotion of India's first credit rating company, CRISIL. Mr. Vaghul has over 45 years experience in the banking industry. He has been Chairman of several committees and task forces constituted by the Government and Reserve Bank of India. Mr. Vaghul is a graduate from Madras University.


Dr. A.S. Ganguly - Director	Top

Dr. A.S. Ganguly was appointed to the Board of Mahindra & Mahindra in August 1997. Dr. Ganguly is a graduate from Bombay University and has obtained M.S. and Ph.D degrees from the University of Illinois, USA. Starting as a research scientist with Unilever, he went on to become Chairman of Hindustan Lever Limited from 1980 to 1990 and a member of Unilever's main Board from 1990 to 1997, responsible for world-wide research and technology. Dr. Ganguly has been a member of several government committees, including the Science Advisory Committee to the Prime Minister of India.


R.K. Kulkarni - Director	Top

R.K. Kulkarni has been a Director of the Company since August 1977. He holds a Masters in Law from the University of Bombay. He is an Advocate and a Solicitor, and is currently a Senior Partner of Khaitan & Company, one of India's leading law firms. He has been in practice for over thirty years and has vast experience in the legal field, with particular emphasis on corporate law and legislation related to securities. Mr. Kulkarni has participated in national and international conferences and seminars at which he has read papers on foreign direct investments in India, infrastructure/privatisation and reforms.


Anupam Puri - Director	Top

Anupam Puri joined the Board of the Company in January 2001. He holds a B.A. in Economics from Delhi University and M.A. & M.Phil. Degrees in Economics from Oxford University. He has had a career spanning over thirty years with McKinsey & Company, a leading management consulting firm. He has also been associated with several states and local governments in India and abroad on the issue of promoting economic development. He has participated in the re-organisation of several multilateral agencies, including the OPEC secretariat, Asian Development Bank, the World Bank and others.


Thomas Mathew T. - Nominee of LIC	Top

Thomas Mathew T., Managing Director, Life Insurance Corporation(LIC) of India, is a Post-Graduate in Economics, Graduate in Law, Post-Graduate Diploma in Management (Marketing) and also an Associate of the Insurance Institute of India. He joined LIC in December, 1977 as a Direct Recruit Officer. He took over charge as Managing Director of LIC on 24^thMarch, 2006. Mr. Thomas Mathew has held various important assignments in LIC. He was the Zonal Manager of the Western Zone of LIC, Chief (Marketing and International Operations) and Sr. Divisional Manager-in-Charge of 3 major divisions. He is also Managing Director of LIC Housing Finance Limited and a Director of LIC (Nepal) Limited. Mr. Mathew has attended various seminars and training sessions related to Insurance in India and abroad.


Bharat N. Doshi - Executive Director & Group Chief Financial Officer (Group CFO)	Top

Bharat Doshi joined the Company in 1973 as an Executive. He is a fellow member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India and has a Master's Degree in Law from the University of Bombay. He has participated in the Program for Management Development (PMD) at Harvard Business School. He was also a Fellow of the Salzburg Seminar on 'Asian Economies: Regional and Global Relationships' held in December 2000.

Mr. Doshi was Executive Vice President (Corporate Affairs) from July 1991 to August 1992. In August 1992, he joined the Board of the Company as Executive Director in charge of Finance & Accounts, Corporate Affairs and Information Technology. In addition, he was the President of the Trade & Financial Services Sector from December 1994 to October 2007.

Mr. Doshi has been designated Executive Director and Group Chief Financial Officer (Group CFO) w.e.f. 12th October 2007

Mr. Doshi is Vice Chairman of Mahindra & Mahindra Financial Services Limited and Chairman of Mahindra Intertrade Limited and Mahindra Steel Service Centre Limited. He is Director of many companies such as Tech Mahindra Limited, Mahindra Holdings & Finance Limited, Mahindra International Limited, Mahindra Rural Housing Finance Limited, Mahindra USA Incorporated, Bristlecone Limited and Mahindra (China) Tractor Company Limited. He was also a Director on the Board of Ford affiliate in India from May 1997 to March 2005. He is an independent Director of Franklin Templeton Trustee Services Private Limited, NSE.IT Limited and Godrej Consumer Products Limited. He is a Trustee of the Mahindra Foundation and the K.C. Mahindra Education Trust. He is also on the Board of Governors of the Mahindra United World College of India and the Indian Institute of Management, Kozhikode. He was a member of the Managing Committee of Bombay Chamber of Commerce & Industry from May 2005 to May 2007.

Mr. Doshi was a member of the High Powered Expert Committee constituted by the Ministry of Finance, Government of India, on Making Mumbai an International Financial Centre and is a member of the SEBI (Securities and Exchange Board of India) Committee on Disclosures and Accounting Standards (SCODA).

Mr. Bharat Doshi was adjudged 'India's Best CFO' by the leading business fortnightly Business Today (India Today Group Publication) in April 2005. He was also conferred the 'CFO of the Year' Award, honouring financial excellence, instituted by IMA India, an associate of The Economist Group, in December 2005.

In November 2007, Bharat Doshi was honoured with the prestigious CNBC CFO of the Year 2007 award.

Arun K. Nanda - Executive Director & President, Infrastructure Development Sector	Top

Arun K. Nanda is Executive Director & President, Infrastructure Development Sector, Mahindra & Mahindra Limited. The Mahindra Group with a turnover of US $ 4 billion, is among India's largest industrial groups in the private sector. Mr. Nanda has been with the Mahindra Group for more than 30 years and has been instrumental in the Group's growth. He joined the Mahindra group as a management accountant at Machinery Manufacturers Corporation Limited in 1973. In 1992, he joined the Board of Mahindra & Mahindra Limited as Executive Director. He was appointed President of Infrastructure Development Sector of the Group in 1994.

Mr. Nanda has been guiding the Group's forays in the Infrastructure sector. This includes areas such as property development, construction, leisure and lifetime holidays, infrastructure privatization projects and engineering consultancy.

Mr. Nanda is a Graduate in Commerce, a fellow member of the Institute of Chartered Accountants of India (FCA) and a fellow member of the Institute of Company Secretaries of India (FCS). He has a Degree in Law from the University of Calcutta. He has also participated in Senior Executive Programme at the London Business School.

He is the President of the Indo-French Chamber of Commerce and a member of the Council of EU Chambers of Commerce in India, a member of the governing board of the Indo-American Society, and a Member of the Governing Board of Bombay First. He is the Chairman of "CII National Committee on Water" for 2006-07.

Mr. Nanda serves on the Boards of several companies in various capacities. He is the Chairman of Mahindra Holidays & Resorts (India) Limited, Owens Corning (India) Limited, PSL Erickson Limited, Mahindra Construction Company Limited, Mahindra Acres Consulting Engineers Limited, Mahindra Infrastructure Developers Limited and the Vice-Chairman of Mahindra Lifespaces Developers Limited and Mahindra World City (Developers) Limited.

He is also on the Board of Directors of Mahindra Holdings & Finance Limited, Mahindra Intertrade Limited, Mahindra World City (Jaipur) Limited, Mahindra (China) Tractor Company Limited, ABN AMRO Asset Management (India) Limited, Mahindra Holidays and Resorts USA Inc and Mahindra Water Utilities Limited He is a Member of the Advisory Board for Asia Pacific in Barco Company Limited.

An avid golfer, Mr. Nanda loves traveling, interacting with people and involving himself in industry and community related projects.