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Raul Rebello Appointed as Managing Director and CEO-Designate of Mahindra Finance

Mahindra Finance has appointed Raul Rebello as the new Managing Director and CEO-Designate, who will take over when current CEO Ramesh Iyer retires in April 2024. Raul is currently the COO of the company and previously had a 19-year career at Axis Bank.

Stuti Das
Raul Rebello as the new Managing Director and CEO-Designate of Mahindra Finance
Raul Rebello as the new Managing Director and CEO-Designate of Mahindra Finance

Mahindra Finance, a subsidiary of the Mahindra & Mahindra Group, has recently announced the appointment of Raul Rebello as the new Managing Director and Chief Executive Officer-Designate. Raul will be taking over the role from Ramesh Iyer when he retires on April 29, 2024.

Raul is currently serving as the Chief Operating Officer of the company and joined Mahindra Finance in September 2021. Prior to his current role, Raul had a 19-year long career with Axis Bank where he held various senior positions, including Executive Vice President and Head of Rural Lending and Financial Inclusion.

With his extensive experience in rural banking and a demonstrated track record of driving growth in large businesses, Raul is poised to bring new ideas and leadership to Mahindra Finance.

The company has praised Raul for his experience in rural banking and financial inclusion, which aligns well with the Mahindra Group's mission of "Rise". Raul is passionate about improving the livelihoods of low-income communities and agrarian households, making him a strong match for the company's core purpose.

Raul holds a postgraduate degree in management from the Goa Institute of Management and is an active member of several industry and trade associations. With his educational background and experience, Raul is well-equipped to lead Mahindra Finance into the future and continue its growth path.

The appointment of Raul as the new Managing Director and CEO-Designate of Mahindra Finance is a positive move for the company. With his experience in rural banking and financial inclusion, Raul is expected to bring new ideas and a fresh perspective to the company, helping it continue to grow and succeed.

The appointment of Raul Rebello as the new Managing Director and CEO-Designate of Mahindra Finance is a significant event for the company and the industry as a whole. With his extensive experience in rural banking and financial inclusion, and his passion for improving the lives of low-income communities, Raul is well-positioned to lead the company into the future and continue its growth trajectory.

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