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Ramesh Iyer

Vice Chairman & MD, Mahindra Finance

Ramesh’s key mandate at Mahindra is to drive inclusive growth, aligned to our guiding belief of delivering rural prosperity. He has been instrumental in building Mahindra Finance into one of India’s leading rural finance companies, since 1994. The experience comes in handy when managing a team of over 30,000 employees, spread across 1,400 branches across the country. Ramesh’s efforts have led not only to the creation of a potentially global financial services powerhouse, but also supported the rapid expansion of our mobility and tractor businesses.

Ramesh manages the Financial Services Sector of the Mahindra Group which includes Mahindra & Mahindra Financial Services Limited and its subsidiaries, Mahindra Insurance Brokers Limited, Mahindra Rural Housing Finance Limited, Mahindra Asset Management Company Private Limited and Mahindra Trustee Company Private Limited. He also oversees the operations of Mahindra Finance USA, LLC., a U.S. joint venture with De Lage Landen Financial Services Inc., (DLLFS) a whollyowned subsidiary of the Rabobank Group.

Ramesh has been closely involved in the development of the country’s dynamic financial services sector, affecting policy change as the Chairman of the Finance Industry Development Council (FIDC). He is a member of the National Committee on Financial Inclusion and Digitisation of Confederation of Indian Industry (CII)and also serves as the Co-Chairman of the NBFC Committee of IMC Chamber of Commerce & Industry. He is also a member of the Banking & Finance Committee of the Bombay Chamber of Commerce and Industry (BCCI), and the Taskforce of NBFCs of the Federation of Indian Chambers of Commerce and Industry (FICCI). Apart from the Financial Services Sector, Ramesh is also on the Advisory Boards of various Educational Institutions like IITB-Washington University and Vidyalankar Institute of Technology – School of Management. He also serves on the boards of several Mahindra Group Companies.

Ramesh Iyer is a recipient of various prestigious awards like: ‘Asia Pacific Entrepreneurship Award (APEA) 2017 INDIA’, ‘Best CEO – Financial Services Sector Mid Cap’ awarded by Business Today, ‘CEO – FINANCIAL SERVICES’ at the CEO AWARDs organized by CEO India magazine and also featured among Business Today’s top 40 BFSI CEOs of India and Business World’s Most Valuable CEOs - 2019. The Company under his leadership was honoured with the Forbes India “Conscious Capitalist of the Year” Award 2016.

A commerce graduate, Ramesh has an MBA from Mumbai University and is an alumnus of several management and leadership programs conducted in India, the US, France, and China by institutions like IIM (Bangalore), Michigan Business School, Harvard Business School and IMD, Switzerland.

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