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M&M ropes in GE Capital India chief Anish Shah

Mahindra & Mahindra (M&M) has appointed Anish Shah as president – group special projects effective from August 1. He will also be inducted into the group executive board.

“At a time when our multi-business group is growing exponentially in scale, complexity and geographical reach, we welcome the extensive and diverse global experience that Anish brings to us. We look forward to his being a part of our top management team in our journey to unlock the vast opportunities that lie ahead of us,” Anand Mahindra, chairman of Mahindra Group, said.

Shah has been the president and chief executive for GE Capital India since May 2009. His career at GE spanned 14 years, during which he held several leadership positions at GE Capital’s US and other global units.

As a director, global mortgage, he worked across 30 countries to drive growth and manage risk. As a senior vice president, marketing and product development at GE Mortgage Insurance, he led product profitability and introduced innovative structures.

Prior to GE, Shah led Bank of America's US debit products business, where he launched a rewards program and led numerous initiatives in payment technology.

As a strategy consultant at Bain & Company in Boston, he has previously also worked across multiple industries, including banking, oil rigs, paper, paint, steam boilers and medical equipment. His first role was with Citibank in Mumbai, where he issued bank guarantees and letters of credit as assistant manager, trade services.

Shah holds a PhD from Carnegie Mellon’s Tepper School of Business where his doctoral thesis was on corporate governance. He also received a master’s from Carnegie Mellon and has a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. He completed his Bachelor of Commerce degree from the University of Mumbai.

(Edited by Joby Puthuparampil Johnson)

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