Draft:Anish Shah

• Comment: Fails WP:ANYBIO, lacks any references or sources. Dan arndt (talk) 11:24, 29 April 2024 (UTC)

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Anish Shah is the Chief Executive Officer of Mahindra Group and Managing Director of its parent company, M&M. He led the remarkable transformation of Mahindra Group, driving the 80-year-old, $21 Billion Indian conglomerate to record profitability, multiple new product launches, and forays into new-age businesses and markets.

Anish is on the boards of several group companies and is the President of the Federation of Indian Chambers of Commerce and Industry (FICCI), one of India’s oldest and largest industry bodies.

Early Life

Anish did his schooling at Jamnabai Narsee, Mumbai, and then graduated in Commerce from the prestigious Sydenham College of Commerce & Economics. He received his Master’s degree from Carnegie Mellon University in Pittsburgh, Pennsylvania, and has a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. Anish also holds a PhD from Carnegie Mellon’s Tepper School of Business where his doctoral thesis was in the field of corporate governance.

Career

Anish Shah was appointed as the Group CEO & MD of the Mahindra Group on April 2, 2021. His primary focus is on nurturing a purpose-driven organization, establishing tech leadership in each industry and value creation across businesses.

Dr. Shah held various key roles with the Mahindra Group over his decade-long tenure, including Deputy Managing Director & Group CFO in 2019 and Group President (Strategy) upon joining the organisation in 2014.

Anish's tenure as MD & CEO of Mahindra Group has been widely acknowledged for his strategic vision and transformative leadership. In the aftermath of the Covid-19-induced business slump, he effectively steered the Mahindra Group to improve profitability by trimming loss-making operations, prudent capital allocation and robust cost control.

Anish’s focus on employing capital judiciously allowed the Group to allocate resources effectively and achieve greater efficiency across its diverse businesses. As a result, the Mahindra Group booked $15 Billion in revenue and a record net profit of $1.25 billion for the fiscal year 2022 – 23, along with an impressive 19.9% return on equity (RoE) and earnings-per-share (EPS) growth in the range of 15 – 20%. Anish was ranked among the Best CEOs in Fortune India's Best CEOs Special Issue, 2023. In April 2024, CEO Magazine named Anish one of the world's top ten most powerful brand leaders. Under his leadership, the Mahindra Group has secured a sixth-place ranking among the top-25 global corporations in Brand Finance's Brand Guardianship Index-2024.

A core principle that guided Anish's approach to business is his mantra of ‘invest in the right place, execute well, and show results.’ This approach has helped several Mahindra Group companies to attract investment interests from marquee global investors such as British International Investment, Ontario Teachers’ Pension Plan, Temasek and International Finance Corporation.

Under Anish's leadership, the Mahindra Group created a footprint in a number of new-age businesses - including renewable energy, hospitality, logistics, e.SUVs, three-wheeler EVs, auto recycling, iconic two-wheeler and real estate - within its 'Growth Gems' portfolio. These new-age businesses have been challenged to achieve 5x growth over the next five years.

By identifying emerging opportunities and strategically investing in promising ventures, Anish catalysed the expansion of the company's operations into various verticals. This has enabled the Mahindra Group to be present in seven of India's ten high-growth industries.

Anish is also driving the Group’s sustainability agenda, which seeks to achieve carbon neutrality by 2040. M&M, the Group's automotive flagship, is the only Indian auto major to be included in the Dow Jones Sustainability Index's 'world list’ for the third time in 2023.

The Mahindra Group has sharpened its focus on CSR initiatives under Anish’s leadership. In FY23, Project Nanhi Kali supported the education of 1,86,041 girls. Through Project Hariyali, the Group also planted 2.21 million trees during the considered period. Additionally, the Group has partnered with the Bill & Melinda Gates Foundation to achieve its ESG commitment of enabling and empowering one million women from disadvantaged backgrounds each year beginning in 2026.

Anish has been an active proponent of the ‘Collaborative, Agile & Bold’ approach to day-to-day business operations. He believes in the value of a diverse workplace with a strong culture of collaboration and teamwork.

In December 2023, Anish took charge as the President of FICCI, India’s oldest and largest industry body. Anish has outlined ‘inclusive growth’ as his presidential theme, with Make in India, Farm Prosperity, Women’s Empowerment, and Sustainability serving as the primary focus points of his efforts.

Personal Life

Anish is married to Snehal Shah, a Professor & Associate Dean (Academics & Research) at S. P. Jain Institute of Management and Research. Snehal holds a Ph.D. and M.Phil from Carnegie Mellon University, USA, with a specialisation in Organizational Behaviour and Human Resources. They have two sons.