Dr. Anish Shah

Dr. Anish Shah is the Group CEO and Managing Director of the Mahindra Group. His role as Group CEO includes oversight of all Group businesses, which employ 300,000+ associates across 20 industries and 100+ countries. His primary focus is on nurturing a purpose-driven organization, establishing tech leadership in each industry and driving value creation across businesses.

 

Dr. Anish has driven value creation with exponential growth across businesses, that has resulted in an increase in M&M’s market cap of 12x since April 2020.  Dr. Anish believes that “purpose drives profits”. He is the custodian of Mahindra’s Rise philosophy, of driving positive change in the lives of our communities to enable them to Rise. And he champions the Mahindra Group’s efforts to play a leadership role in Women Empowerment and Sustainability.

 

Prior to joining the Mahindra Group, Dr. Anish was President and CEO of GE Capital India from 2009-14, where he led the transformation of the business, including a turnaround of its SBI Card joint venture. His career at GE spanned 14 years, during which he held several leadership positions at GE Capital’s US and global units. He has also led Bank of America's US Debit Products business and worked with Bain & Company in Boston and Citibank in Mumbai.

 

Dr. Anish has been recently appointed as a member of the revamped ‘Board of Trade’ by the Government of India, a panel chaired by the Commerce and Industry Minister to boost manufacturing and exports. He was the President of FICCI in 2024, leading one of India’s oldest and largest industry associations. Currently, he co-Chairs the India-Australia CEO Forum and the India Alliance of CEOs for Climate Change. He is a member of the Executive Committee of the International Business Council at the World Economic Forum, the India-Singapore Business Roundtable and the NITI Frontier Tech Hub Expert Council for AI. He was the Chair of the Automotive Governors Council at the World Economic Forum from 2022-24 and a member of UK Investment Council from 2021-24.

 

He has worked closely with key government leaders, both in his FICCI and Mahindra roles, to provide thought leadership from a policy perspective, with the primary purpose of creating a stronger economy that can meet India’s goals for a Viksit Bharat.

 

Under his leadership, the Mahindra Group has earned significant global and national recognition. It was ranked #44 in TIME World’s Best Companies 2026 and #5 in the TIME–Statista Asia-Pacific Best Companies 2026. The Group was named “Outstanding Company of the Year” at the CNBC-TV18 India Business Leadership Awards 2025 and received the ‘Company of the Year’ award from The Economic Times in 2024.

 

Dr. Anish has also been widely recognised for his leadership – winning ‘CEO of the Year’ at the Forbes India Leadership Awards 2025, being named India’s Best CEO in Manufacturing & Retail at Business Today India’s Best CEOs 2025, honoured as ‘Entrepreneurial CEO’ at the EY Entrepreneur of the Year Awards 2024, and featured as one of Fortune India’s Best CEOs in 2023.

 

Dr. Anish holds a Ph.D. from Carnegie Mellon’s Tepper School of Business and a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad. His interests include sports, reading and travel.