Synopsis
He was spearheading the newly formed Mobility Services Sector (MSS), a growth driver and incubation platform for future investments by the Mahindra group in technology-driven mobility companies, with the vision of co-creating the Future of Mobility .
AP
Mahindra & Mahindra on Monday said VS Parthasarathy, the President of its Mobility Services Sector and Member of the Group Executive Board, has decided to leave the group effective close of April 1, 2021 to pursue personal interests. Parthasarathy, who joined the Mahindra group in 2000 and began with an HR stint, has expressed desire to leverage his rich professional experience to consult, mentor, build and scale businesses and initiatives across business, education and society in the next phase of his career, M&M said in a regulatory filing.
VS Parthasarathy leaves Mahindra Group; Mahindra Logistics Board appoints Anish Shah as Chairman
March 08, 2021
VS Parthasarathy - Businessline×
Mahindra & Mahindra Limited (M&M) on Monday said that VS Parthasarathy, President - Mobility Services Sector and Member of the Group Executive Board, has decided to leave the Group effective close of April 1, 2021. Anish Shah, who is designated to take over as the Managing Director and CEO of M&M Ltd. from April 2, 2021, will also serve as the Chairman of the Board of Mahindra Logistics Ltd (MLL).
The mobility services sector continues to be a high priority growth opportunity for the Group, the company said in a regulatory filing. In the logistics sector that is poised for exponential growth, Mahindra Logistics is in pole position given its 3PL capabilities and its cross sectorial spread. The platform-based business model of Mahindra First Choice Wheels promises to re-shape the aftermarket sector and these businesses will contribu
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