MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

151 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Dr. Anish was President and CEO of GE Capital India from 2009-14, where he led the transformation of the business, including a turnaround of its SBI Card joint venture. His career at GE spanned 14 years, during which he held several leadership positions at GE Capital’s US and global units. As Director, Global Mortgage, he worked across 33 countries to drive growth and manage risk. As Senior Vice President (Marketing and Product Development) at GE Mortgage Insurance, he led various growth initiatives and played a key role in preparing the business for an IPO, as a spinoff from GE. In his initial years with GE, Anish also led Strategy, eCommerce and Sales Force Effectiveness and had the unique experience of running a dot-com business within GE. Anish also received GE’s prestigious Lewis Latimer Award for outstanding utilisation of Six Sigma in developing a “Digital Cockpit”. He has diverse experience with global businesses beyond GE. He led Bank of America’s US Debit Products business, where he launched an innovative rewards program, led numerous initiatives in payment technology and worked closely with various teams across the Bank to enhance value for the customer. As a strategy consultant at Bain & Company in Boston, he worked across multiple industries, including banking, oil rigs, paper, paint, steam boilers and medical equipment. His first role was with Citibank in Mumbai, where he issued bank guarantees and letters of credit as Assistant Manager, Trade Services. Dr. Anish holds a Ph.D. from Carnegie Mellon’s Tepper School of Business where his doctoral thesis was in the field of Corporate Governance. He also received a Masters degree from Carnegie Mellon and has a post- graduate diploma in Management from the Indian Institute of Management, Ahmedabad. He has received various scholarships, including the William Latimer Mellon Scholarship, Industry Scholarship at IIMA, National Talent Search and Sir Dorabji Tata Trust. Dr. Anish Shah has completed 52 years of age. Dr. Shah is the Chairman of Mahindra & Mahindra Financial Services Limited and Mahindra Logistics Limited. He is Non-Executive and Non-Independent Director of Mahindra Lifespace Developers Limited, Mahindra Holidays and Resorts India Limited, Tech Mahindra Limited and New Democratic Electoral Trust, Managing Director and CEO of Mahindra & Mahindra Limited and Director and Vice President of Federation of Indian Chambers of Commerce and Industry (FICCI). Dr. Anish Shah is a Member of the following Board Committees: Name of the Company Name of the Committee Position Held Mahindra & Mahindra Limited Risk Management Committee Member Corporate Social Responsibility Committee Member Sales of Assets Committee Member Mahindra & Mahindra Financial Services Limited Nomination & Remuneration Committee Member Strategic Investment Committee Member Tech Mahindra Limited Investment Committee Member Nomination & Remuneration Committee Member Mahindra Holidays and Resorts India Limited Nomination & Remuneration Committee Member Mahindra Logistics Limited Nomination & Remuneration Committee Member Mahindra Lifespace Developers Limited Loans & Investment Committee Member Nomination & Remuneration Committee Member Federation of Indian Chambers of Commerce and Industry (FICCI) National Executive Committee Member National Steering Committee Member Executive Board Member Dr. Shah has not resigned as a Director from any listed company in the past three years and is not inter-se related to any other Director of the Company. Dr. Anish Shah holds 1,54,935 Ordinary (Equity) Shares in the Company.   Mr. Rajesh Jejurikar Executive Director (Automotive and Farm Sectors) Mr. Rajesh Jejurikar has diverse experience across Packaged Goods, Advertising, Media, Automotive and Farm Equipment. He joined Mahindra in 2000 as Vice President – Marketing for Automotive Sector. In 2003, he was appointed Executive Vice President – Sales & Marketing and in 2005, he was given additional responsibility as the Managing Director of Mahindra Renault in India. In 2008, he became Chief of Operations of the Automotive Sector and when Automotive & Farm Equipment Sector (AFS) was formed in 2010, he was appointed Chief Executive for the Automotive Division and Member of the Group Executive Board. In 2013, Mr. Jejurikar joined the Farm Equipment Sector as Chief Executive – Tractor & Farm Mechanisation and became the Sector President in 2015. An MBA from S. P. Jain Institute of Management, Mr. Jejurikar attended the Advanced Management Programat TheWharton School, University of Pennsylvania and was awarded the British Chevening Scholarship to study at the Manchester Business School, UK.