With the resignation of Arvind Subramaniam as Managing Director, Chief Executive Officer and Director of the company — effective May 22, 2023 — Mahindra Lifespace Developers has announced the designation of its MD as Amit Kumar Sinha.
Sinha will join the board of directors of the company as an additional director with effect from February 23, 2023, the firm said in a stock filing. He has been appointed for a period of 5 years from May 23, 2023 to May 22, 2028.
Read also: Mahindra Lifespaces acquires around 8 acres of land in Bengaluru
On 1 November 2020, Amit joined the Mahindra Group as President – Group Strategy and became a member of the Group Executive Board with effect from 1 April 2021. Amit is on the board of Mahindra Finance, Mahindra Logistics, Mahindra Sustain, Mahindra First Choice, Mahindra Rural Housing. Finance and Fifth Gear Ventures.
Prior to joining the Mahindra Group, Amit was a Senior Partner and Director at Bain & Company. In addition to having over 18 years of experience in India and the US, Amit holds a dual MBA from The Wharton School, University of Pennsylvania, specializing in Finance and Strategy. He is also a graduate in Engineering (Electrical & Electronics) from Birla Institute of Technology, Ranchi.
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