Keshub Mahindra (born 9 October 1923) is an Indian businessman, and the chairman emeritus of the
Mahindra Group. He retired as chairman in August 2012 after heading the Group for nearly five decades, handing over the position to his nephew,
Anand Mahindra. Mahindra is known for his philanthropy. He is a graduate from
Wharton,
University of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universit ...
, US. He joined
Mahindra & Mahindra
Mahindra & Mahindra Limited (M&M) is an Indian Multinational corporation, multinational Automotive industry, automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed as Ma ...
in 1947, and in 1963 took over as chairman.
Organizations and committees
Mahindra has been appointed by the
Government of India
The Government of India ( ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...
to serve on various committees, including the
Sachar Commission on
Company Law & MRTP, Central Advisory Council of Industries. In 1987, he was awarded the Chevalier de l'Ordre National de la Légion d'honneur by the French Government.
From 2004 to 2010, he was a Member of the Prime Minister's Council on Trade & Industry, New Delhi.
Mahindra is a member of the Apex Advisory Council of ASSOCHAM and is the President Emeritus of the Employers’ Federation of India. He is an Honorary Fellow of the All India Management Association, New Delhi and a member of the Council of the United World Colleges (International) in the United Kingdom.
He is a proponent of good governance and ethics and has stated his views in several publications and forums, including in an interview for the Creating Emerging Markets project at the
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA ...
, during which he talks about the Group's evolution into a global business group and his determination never to compromise on high ethical values.
Mahindra was awarded the Lifetime Achievement Award in 2007 by
Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational corporation, multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Delo ...
. He was awarded the Frost and Sullivan Award for Leadership, Innovation and Growth in 2015.
Controversy
Mahindra had served as the non-executive chairman of
Union Carbide India Limited at the time the incident took place in 1984 in which 3,787 people died in
Bhopal
Bhopal (; ) is the capital city of the Indian state of Madhya Pradesh and the administrative headquarters of both Bhopal district and Bhopal division. It is known as the ''City of Lakes'' due to its various natural and artificial lakes. It ...
(as per the
Government of Madhya Pradesh).
In June 2010, seven former employees of the
Union Carbide
Union Carbide Corporation is an American chemical corporation wholly owned subsidiary (since February 6, 2001) by Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers befor ...
subsidiary, all Indian nationals and many in their 70s, were sentenced to two years imprisonment and fined (). All were given bail shortly after the verdict.
References
{{DEFAULTSORT:Mahindra, Keshub
1923 births
Living people
Mahindra Group
Businesspeople from Mumbai