Raul Rebello has taken cost because the managing director and chief govt officer of Mahindra & Mahindra Monetary Providers Ltd. from April 30. He’ll maintain the submit for the following 5 years.
He was the chief working officer till he was appointed because the managing director and chief govt officer designate from Might 1, 2023.
Rebello has resumed the place after the superannuation of Ramesh Iyer from his place as vice-chairman and managing director, the corporate stated in an change submitting on Tuesday.
Earlier than becoming a member of Mahindra & Mahindra Monetary Providers, Rebello was govt vice chairman and head of rural lending and monetary inclusion at Axis Financial institution Ltd.
Shares of Mahindra & Mahindra Monetary Providers closed 0.02% increased on Tuesday at Rs 261.55 apiece, as in contrast with a 0.17% decline within the NSE Nifty 50.