Mahindra & Mahindra Finance Limited announced the appointment of Siddhartha Mohanty as Non-Executive Non-Independent Director on the Board of the company, effective April 1, 2022.
“The Board of Directors of the Company, at their Meeting held today i.e. on 2″ February 2022, have approved and recommended the proposal for appointment of Mr. Siddhartha Mohanty (DIN: 08058830) as a Non-Executive Non-Independent Director on the Board of the Company, with effect from 1stApril 2022,” according to the exchange filing.
Mohanty started his career as a direct recruit officer with LIC of India in 1985 and worked in different capacities in various departments giving him exposure to multi-dimensional experience especially in the field of Marketing, HR, Investments, Legal and Personnel.
Prior to taking charge as Managing Director of LIC, he was Managing Director & Chief Executive Officer of LIC Housing Finance Limited (LIC HFL), one of the largest housing finance companies in India. He was also LIC HFL’s Chief Operating Officer. Before joining LIC HFL, he was Executive Director-Legal with LIC of India. He has also headed few Divisions in the capacity of Senior Divisional Manager in-charge, spearheading the Divisions to successfully achieve the business targets.
Mohanty is an MA and holds a Degree in Law. Other qualifications include Post Graduate Certificate in Business Management and Licentiate from the Insurance Institute of India.
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