Anish Shah (businessman)

Anish Shah (born 26 December 1969) is an Indian businessman and the chief executive officer and managing director of Mahindra Group.[1][2][3]

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.[4][5]

Early life and education

Shah was born on 26 December 1969 and raised in Mumbai, Maharashtra, India[6] 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]

Career

Shah began his career in Mumbai with Citibank India, and later worked as a strategy consultant at Bain & Company in Boston.[15] According to the company’s leadership profile, he also led Bank of America's Debit Products business.[16] In 2009, he joined GE Capital India as President & CEO after spending about 14 years with GE Capital’s US and global units.[17] In 2014 he was appointed to head Group special projects for the Mahindra Group.[18] In 2019, he took on the role of Deputy Managing Director and Group Chief Financial Officer (CFO).[19][20] 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.[21][22]

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.[23]

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.[24][25]

Recognition

• In 2023, Shah was listed among the "Best CEOs in India" in Fortune India magazine’s annual Best CEOs special issue.[34][35]
• In 2024, he was named the “Entrepreneurial CEO” at the EY Entrepreneur of the Year Awards, which recognise business leaders for innovation and growth in India.[36][37]

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