Mahindra Finance has appointed Raul Rebello as Managing Director and Chief Executive Officer Designate. Mahindra Finance is the vehicle financing unit of the Mahindra & Mahindra Group. Raul Rebello is currently the Chief Operating Officer of the company and will take charge as MD and CEO when Ramesh Iyer retires on 29th April 2024.
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Mahindra & Mahindra Finance Services Limited is an Indian rural Non-Banking Financial Company headquartered in Mumbai. It is amongst the top tractor financers in India. Mahindra Finance started on 1st January 1991 as Maxi Motors Financial Services Limited.
The company received the certificate of commencement of business on 19th February 1991. On 3rd November 1992, Mahindra Finance changed its name to Mahindra & Mahindra Financial Services Limited.
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