Senior appointments at M&M's Automotive Sector and at Mahindra Renault

Mahindra & Mahindra Ltd. has announced the appointment of Rajesh Jejurikar as Chief of Operations and Rajan Wadhera as Chief of Engineering and Development. Louis Pereira has been appointed CEO of Mahindra Automotive Limited (MAL). All appointments are effective from August 1, 2008.

As Chief of Operations, Rajesh Jejurikar will head end to end operations. In addition to his current sales and marketing functions, he will also oversee manufacturing.

As Chief of Engineering and Development, Rajan Wadhera will head product engineering and development. In addition to his current product development role, he will also oversee the materials management function.

As CEO of Mahindra Automotive Limited (MAL), Louis Pereira will oversee the development of the Chakan Plant into a world-class manufacturing facility. He will be responsible for the smooth functioning of the plant, which will manufacture new products from M&M and Mahindra Navistar Automotives Ltd.

Apart from the above appointments at M&M, Nalin Mehta has been appointed Chief Executive Officer of Mahindra Renault Pvt. Ltd., a joint venture between M&M and Renault S.A. of France. Mehta will join the board of MRPL.

Mehta will assume responsibility from Rajesh Jejurikar, who will step down as Managing Director of MRPL from October 1, 2008. Jejurikar will, however, continue on the board of MRPL.

‘From the inception of MRPL, Nalin has played a significant role in the success of the Logan which has won several accolades since launch and is among the top three selling sedans in India today. I am sure he will continue to steer the company to new heights as the Logan begins its global foray,’ said Dr. Pawan Goenka, President - Automotive Sector, Mahindra & Mahindra Ltd.

Sylvain Bilaine, Chairman of the Board and MD of Renault India, said, ‘I welcome the appointment of Nalin as CEO and look forward to working with him as we grow the Logan brand in India. I must also thank Rajesh Jejurikar for steering the Company these last three years and will follow his guidance as a member of our Board.’