Mahindra Group announces strategic leadership changes, Manoj Bhat new MD & CEO of the holidays & resorts business, ET TravelWorld

The Mahindra Group has revealed significant leadership appointments across its businesses, showcasing a commitment to leveraging top internal talent for key roles. Manoj Bhat, currently serving as Group Chief Financial Officer, has been appointed as the Managing Director & CEO of Mahindra Holidays & Resorts India Limited (MHRIL), effective May 17, 2024. This appointment follows Kavinder Singh’s decision to embark on a new professional journey, effective May 16, 2024.

Amarjyoti Barua, who presently holds the position of Executive Vice President – Group Strategy, will transition to lead the Mahindra Group’s Finance Organisation as the Group Chief Financial Officer, also effective May 17, 2024.

Dr Anish Shah, Group CEO & Managing Director of M&M, emphasised the Mahindra Group’s dedication to talent development, highlighting the organization’s robust development programs and career mapping initiatives. He expressed gratitude for Kavinder Singh’s contributions to MHRIL and the Mahindra Group, while welcoming Manoj Bhat’s leadership, which aligns with the group’s Rise philosophy.

In line with the group’s talent development strategy, further rotations of key finance talent are planned. Effective May 1, 2024, Vimal Agarwal, the current CFO of Mahindra Lifespaces Developers Ltd. (MLDL), will transition to the role of CFO for MHRIL, succeeded by Avinash Bapat as the CFO of Mahindra Lifespace Developers Ltd. (MLDL).

Kavinder Singh, who joined the Mahindra Group in 2014 as Managing Director and CEO of MHRIL, focused on elevating MHRIL into a world-class vacation ownership company during his tenure.Manoj Bhat, who moved to M&M in April 2021 from Tech Mahindra, brings a wealth of leadership experience and value creation skills to his new role. As Group CFO, he played a pivotal role in leading the group’s Finance Leadership Team and contributing to Tech Mahindra’s growth initiatives.

Amarjyoti Barua, who joined the Mahindra Group in May 2023, has demonstrated expertise in strategic leadership, previously holding roles at Baker Hughes and GE, where he spearheaded financial and operational transformations.