Mahindra Finance appoints Amit Raje as COO of digital business
Published: Mar 06, 2021
By TIOLCORPLAWS News Service
MUMBAI, MAR 06, 2021: MAHINDRA and Mahindra Financial Services on Friday said its board has appointed Mr Amit Raje as a Chief Operating Officer (COO) of its digital finance business for a period of five years, with effect from April 1.
"The Board of Directors of the company at its meeting held on March 5, 2021, has inter alia, approved the appointment of Mr Amit Raje as a Whole-time Director of the Company designated as "Chief Operating Officer - Digital Finance Business" for a period of five years, with effect from April 1, 2021 till March 31, 2026 (both days inclusive), liable to retire by rotation, subject to approval of the Members," said an official statement.
Mr Raje was appointed as an additional non-executive non-independent director of the company in September last year. He is currently the Executive Vice-President - Partnerships and Alliances of the parent company, Mahindra and Mahindra.
He has a cumulative experience of over 320 years in corporate finance, mergers and acquisitions, investor relations and private equity.
Prior to joining the Mahindra Group, Mr Raje was the Managing Director in the Principal Investing Area of Goldman Sachs, and also worked with Kotak Investment Advisors in the transaction advisory services.