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Rajiv Dubey of M&M to retire in April 2020, Ruzbeh Irani will take over

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Ruzbeh Irani, currently president (group communications and ethics) and chief brand officer, will head group HR and communications, which includes corporate social responsibility, ethics and CIS of M&M.

 

Rajeev Dubey, group president (HR and corporate services) and CEO (after-market sector), will retire on April 1, 2020 on reaching the age of superannuation. He will continue to be associated with the group in a non-executive and advisory capacity, the company stated.

 

Parthasarathy will head the mobility services sector, which is a new sector being created by combining the after-market sector, Mahindra Logistics and auto mobility services.

 

Parthasarathy and Ruzbeh will report to Shah.

 

Rajeshwer Tripathi how is currently the cheif people officer of the automotive business, will now take on the additional role as global head of HR, AFS business at M&M.

 

The top brass changes are part of the structured and comprehensive succession-planning programme over a period of time and was approved by the board of directors and governance, nomination and remuneration committee at its meeting on Friday.

 

Announcing these changes, Mahindra said, “This plan reflects M&M’s depth of management talent and will ensure continuity in terms of culture, values, governance and operational effectiveness. In my new role, I see myself as the conscience keeper of the Mahindra Group, as the custodian of its values and the watchdog of the interests of its shareholders. Internal audit will continue to report to me. I will continue to exercise oversight through the board.”