Mahindra & Mahindra announces new leadership team, regroups businesses

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, today announced a restructuring of its businesses under Dr Pawan Goenka, managing director, M&M.

The company formed a new sector – the Agriculture Sector. This is in addition to Automotive and Farm Equipment Sectors.

The company has also announced the appointment of Rajan Wadhera as the incoming president of the Automotive Sector. Mr Wadhera will take over from Pravin Shah, the current president and chief executive (Automotive), M&M, who retires on March 31, 2017.

The restructuring exercise also sees business heads being redesignated. Rajesh Jejurikar will now be the president of the Farm Equipment Sector and Ashok Sharma, the president, of the Agriculture Sector.  All three will report to Dr Pawan Goenka. All changes are effective April 1, 2017.

Meanwhile, Mahindra Trucks and Buses and the Construction Equipment businesses will now be part of the Automotive Sector and will report to Wadhera.