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Anish Shah (businessman)
Indian businessman From Wikipedia, the free encyclopedia
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Anish Shah (born 26 December 1969) is an Indian businessman and the chief executive officer and managing director of Mahindra Group.[2][3][4] Prior to working at the Mahindra Group, Shah led GE Capital India. He also worked for Bank of America's Debit Products business in the US, Bain & Company in Boston, and Citibank in Mumbai. Shah also served as the President of the Federation of Indian Chambers of Commerce & Industry for the 2023-2024 term.[5][6]
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Early life and education
Shah was born on 26 December 1969 in Bombay, India to the pharmaceutical executive Dilip G Shah,[7][8] founder of Indian Pharmaceutical Alliance.[9] He completed his early schooling from Jamnabai Narsee School,[10]and graduated from Sydenham College of Commerce and Economics. He completed his post-graduate diploma in management from the Indian Institute of Management Ahmedabad.[11] Shah completed his PhD in finance and accounting from Carnegie Mellon University.[12][13][14]
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Career
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Shah began working at Citibank in Mumbai before joining Bain & Company in Boston. He then led Bank of America's Debit Products business in the US before taking leadership roles at GE Capital in the US and India for 14 years.[15] In 2014 he was tapped to head Group Special Projects for the Mahindra Group.[16]In 2019, he took on the role of Deputy Managing Director and Group Chief Financial Officer (CFO).[17][18] He served as Deputy Managing Director and Group Chief Financial Officer (CFO) during a transitional period which commenced in April 2020 before being appointed managing director and CEO of the Mahindra Group in April 2021.[19][20]
In December 2023, Shah took the role of president of the Federation of Indian Chambers of Commerce & Industry (FICCI), a non-governmental trade association and advocacy group.[21]
Additionally, he is co-chair of the India-Australia CEO Council, a member of the Executive Committee of the International Business Council (World Economic Forum) and co-chair of the India Alliance of CEOs for Climate Change (World Economic Forum). He was Chair of the Automotive Governors Council (World Economic Forum) from 2022-24 and a member of the UK Investment Council from 2021-2024.[22][23]
As CEO of Mahindra
Under Shah’s leadership, Mahindra exited underperforming businesses, including SsangYong and GenZe.[24] Shah focused on the group’s core mobility platforms, particularly large SUVs and electrification.[25] Under Shah's leadership, Mahindra increased its strategic focus on electric mobility. In February 2025, the company launched its electric SUV models, the XUV9e and BE6, which received over 30,000 bookings on the first day.[26] The group also spun off its electric vehicle unit, Mahindra Electric Automobile Ltd (MEAL), which attracted investments from Temasek at a valuation of $9.8 billion.[27] Shah has publicly emphasised the group's commitment to electrification as a key pillar of future growth.[28]
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Honors and awards
Over the years, Shah has received several recognitions, including:
References
External links
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