Mahindra & Mahindra Ltd. has
announced that Chetan Maini, CEO, Mahindra Reva would be moving to a new and
diversified role within the Group. The company has also announced the
appointment of Arvind Mathew as the incoming Chief Executive Officer of its
electric vehicle subsidiary, Mahindra Reva. Both the roles of Chetan Maini as
well as Arvind Mathew would be effective May 1, 2015, stated a press release
issued by the company. Mathew was the President and Managing Director of Ford
India from 2005 to 2008. In his last role, he held the position of CEO, Tata
Advanced Materials Ltd.
Chetan will have a wider role
in the Group and will be responsible for incubating new technology ventures and
he will lead other technology initiatives of the Group. He will continue to be associated with
Mahindra Reva and Formula-E Racing in an advisory capacity.
Dr. Pawan Goenka, Executive
Director, Mahindra & Mahindra Ltd., said, “Chetan Maini has been synonymous
with electric vehicle technology and his vision and expertise has been
instrumental in pioneering innovations in this space. Chetan is globally
recognised for this achievement and I wish to place on record our sincere
appreciation for his immense contribution to electric vehicles evolution. While
welcoming Arvind to the Mahindra family, I am sure he will take Mahindra Reva
to newer heights with his diverse international exposure, technical background
and proven ability to drive innovation and growth”.
A post graduate in Mechanical
Engineering and an MBA from the University of Michigan, Arvind comes with over
two decades of experience with Ford Motor Company. He is credited with playing
a major role in the development of new vehicle and power train programme for
Ford India and went on to become the President and Managing Director of Ford
India in 2005.
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