MUMBAI, March 22, 2016 /CNW/ - The Chairman of the India based Mahindra Group, Anand Mahindra, was named to the prestigious Barron's 2016 list of the Top 30 CEOs in the world.
Mr. Mahindra is one of four international leaders to join the list this year. He is recognized for transforming the Mahindra Group into a global federation of companies that maintains a level of transparency, governance, and shareholder focus, rare in emerging markets, according to Barron's.
Anand Mahindra, Chairman, Mahindra Group said, "I am honoured by this recognition by Barron's which is an affirmation of the Mahindra Group's increasingly global character, our high standards of corporate governance, and focus on delivering consistent shareholder returns."
Mahindra joins 29 global leaders, including Amazon's Jeff Bezos, Walt Disney's Robert Iger, Alphabet's Larry Page, and Berkshire Hathaway's Warren Buffet on the annual list.
Key criteria for consideration include financial soundness, employee motivation, innovative products, and maintaining consistent profit growth and shareholder gains.
Barron's 2016 Top CEOs list appeared on the cover of the March 19 issue.
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 16.9 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
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SOURCE Mahindra Group
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