Mahindra Finance has named Amit Raje as Whole-time Director of the non-banking finance company, designated as Chief Operating Officer for Digital Business, effective April 1, 2021. He will be reporting to Vice Chairman & Managing Director at Mahindra Finance – Mr. Ramesh Iyer.
Commenting on the appointment, Ramesh Iyer, Vice Chairman & Managing Director at Mahindra Finance stated, “We are pleased to welcome Amit Raje to lead our Digital Business Unit. We see Digital Finance as a huge opportunity and expect it to contribute significantly to revenue and returns. In this context a separate Digital led business unit is being set up to offer consumer convenience and consumer loans across the country. This appointment is a strategic step towards strengthening this promising line of business.”
The Mahindra Group is a USD 19.4 billion federation of companies that claims to enable people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities.
It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a presence in renewable energy, agribusiness, logistics and real estate development.
Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.
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