{{Infobox person | name = Dr Anish Shah | image = [[

]] | birth_date = 1959 or 1960 (age 63–64) ^[1] | nationality = Indian | occupation = CEO & MD, Mahindra Group | alma mater = Carnegie Mellon University ^[2] | spouse = Snehal Shah | children = 2 ^[3]

Dr Anish Shah is the Chief Executive Officer of Mahindra Group and Managing Director of its parent company, M&M. He led the transformation of Mahindra Group, the eight-decades-old Indian multinational worth $23.2 billion, by improving profitability, launching new products and foraying into new-age businesses and markets. ^[4]

Anish is on the boards of several group companies and is the President of the Federation of Indian Chambers of Commerce and Industry (FICCI), an industry body. ^[5]

Education

Anish studied at Jamnabai Narsee, Mumbai, and then graduated in Commerce from the prestigious Sydenham College of Commerce & Economics. He received his Master’s degree from Carnegie Mellon University in Pittsburgh, Pennsylvania, and has a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. Anish also holds a Ph.D. from Carnegie Mellon’s Tepper School of Business where his doctoral thesis was in the field of corporate governance. ^[6]

Career

Anish Shah was appointed as the Group CEO & MD of the Mahindra Group on April 2, 2021. His primary focus is on nurturing a purpose-driven organization, establishing tech leadership in each industry and value creation across businesses. ^[7]

Dr. Shah held various key roles with the Mahindra Group over his decade-long tenure, including Deputy Managing Director & Group CFO in 2019 and Group President (Strategy) upon joining the organisation in 2014. ^[8]

In the aftermath of the Covid-19-induced business slump, Anish effectively steered the Mahindra Group to improve profitability by trimming loss-making operations, prudent capital allocation and robust cost control. ^[9]

Anish’s focus on employing capital judiciously allowed the Group to allocate resources effectively and achieve greater efficiency across its diverse businesses. As a result, the Mahindra Group booked $15 Billion in revenue and a record net profit of $1.25 billion for the fiscal year 2022 – 23, along with an impressive 19.9% return on equity (RoE) and earnings-per-share (EPS) growth in the range of 15 – 20%. Anish was ranked among the Best CEOs in Fortune India's Best CEOs Special Issue, 2023. In April 2024, CEO Magazine named Anish one of the world's top ten most powerful brand leaders. The Mahindra Group has also been ranked sixth among 25 global corporations in Brand Finance’s Brand Guardianship Index-2025. ^{[10] [11]}

In December 2023, Anish took charge as the President of FICCI, India’s oldest and largest industry body. Anish has outlined ‘inclusive growth’ as his presidential theme, with Make in India, Farm Prosperity, Women’s Empowerment, and Sustainability serving as the primary focus points of his efforts. ^[12]

Anish is also a member of the UK Investment Council, Chair of the Automotive Governors Council (World Economic Forum), co-chair of the India Alliance of CEOs for Climate Change (World Economic Forum) and co-Chair of the India-Australia CEO Council. ^{[13] [14]}- ^[15]

Prior to joining the Mahindra Group in 2014, Anish was President and CEO of GE Capital India, 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 the Bank of America's US Debit Products business and worked with Bain & Company in Boston and Citibank in Mumbai. ^[16]

Personal life

Anish is married to Snehal Shah, a Professor & Associate Dean (Academics & Research) at S. P. Jain Institute of Management and Research. Snehal holds a Ph.D. and M.Phil from Carnegie Mellon University, USA, with a specialisation in Organizational Behaviour and Human Resources. They have two sons.

References