Raul Rebello designated As MD and future CEO Of Mahindra Finance

Mahindra & Mahindra Group's vehicle financing division, Mahindra Finance, announced on February 3, that Raul Rebello has been named as Managing Director and Chief Executive Officer-Designate.

As soon as the current MD & CEO, Mr. Ramesh Iyer, retires, Mr. Raul, who has long held the position of COO, will take up his new responsibilities. Mahindra Finance added in the same press release that the incident is expected to occur on April 29th, 2024.

On September 1, 2021, Raul, who is 45 years old, started working for Mahindra Finance as the COO. Prior to that, he worked for Axis Bank for 19 years, the last nine of which he spent as the executive vice president and head of rural lending and financial inclusion.

"Raul has extensive experience in rural banking, covering both assets and liabilities. "Throughout his career, he has demonstrated a track record of accelerating growth in large businesses and incubating future ideas," Mahindra Finance said in a statement. "Raul exemplifies a strong combination of business leadership and social commitment, which aligns with the Mahindra Group's core purpose of rising. He is personally committed to improving the livelihoods of low-income and agrarian households."

Mahindra Finance's press release acknowledged his other corporate achievements as a member of various trade and core investment bodies in the most beautiful way possible. Furthermore, as a Post Graduate of the Goa Institute of Management, he is one of the most capable professionals in the finance sector, according to the press release.

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