Business

Mahindra Group Names Amarjyoti Barua As Group CFO

On Friday, Mahindra Group announced the appointment of Amarjyoti Barua as its Group Chief Financial Officer, effective May 17, 2024.

In a statement, the company stated, “He will succeed Manoj Bhatt as Managing Director and CEO of Mahindra Holidays & Resorts India Ltd (MHRIL), who succeeded Kavinder Singh”.

According to Mahindra Group, the change of guard at MHRIL follows Singh’s resignation.

The appointments of Barua and Bhatt are effective from May 17, 2024. Barua currently serves as Executive Vice President for Group Strategy.

Group CEO and Managing Director of M&M, Anish Shah, stated, “Talent Development is a key priority at the Mahindra Group, which has enabled us to attract and retain top talent. In addition to world-class development programs, we have mapped career paths for each leader, which include experience across multiple roles”.

“The company also said that Vimal Agarwal, CFO of Mahindra Lifespaces Developers Ltd (MLDL), will move as CFO for MHRIL. Avinash Bapat will replace Agarwal as CFO of MLDL”, the statement reads.

Barua joined the company in May of last year as Executive Vice President – Group Strategy. He spent nearly six years at Baker Hughes before joining Mahindra Group.

As per the statement, Bhatt has worked with M&M Ltd and Tech Mahindra.

Also read: Nifty Reaches A Record High While Sensex Soars Above 1,400 Points

Spriha Rai

Recent Posts

AI & Surveillance Systems To Revolutionize Maha Kumbh 2025 Experience

The UP government is using AI, social media, and surveillance to ensure safety for 45…

19 minutes ago

Maha Kumbh 2025: Ultra-Modern Cruises To Become A Key Attraction For Devotees

The Yogi Adityanath-led UP government will introduce luxury cruises to transport devotees from Kashi to…

1 hour ago

Aam Aadmi Party Kicks Off ‘Revdi Par Charcha’ Campaign Ahead Of Delhi Elections

On Friday, AAP launched its 'Revdi Par Charcha' campaign to engage Delhi residents in the…

2 hours ago

Canada Denies Allegations Against Indian Leadership; Rejects Criminal Links

The Canadian govt addressed allegations linking Indian leaders to criminal activities, stating there is no…

2 hours ago

Delhi-NCR Faces ‘Very Poor’ Air Quality As Smog Engulfs Region

On Friday morning, Delhi-NCR's air quality was classified as 'very poor,' with a light haze…

3 hours ago

Indian Stock Market Rallies Despite Geopolitical Strains; Buoyed By Strong Domestic Sectors

The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions…

5 hours ago