Mahindra & Mahindra Financial Services Limited announced that on basis the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company had at their meeting held on 28th April 2023, approved the appointment of Mr. Devendra Sharnagat as Chief Data & Analytics Officer of the Company, forming part of the Senior Management of the Company. Mr. Sharnagat has joined the Company with effect from 24 July 2023. Mr. Sharnagat brings 20+ years of experience in the areas of Enterprise Analytics strategy development, Marketing Analytics, Risk Analytics, Business Intelligence, Customer value management, Campaign Management, Analytics Technology platform and large-scale Data Analytics Project Management.

Expert in development of analytics competency center and engage to align multiple functions & stake holders to drive decision management and improved business profits. Mr. Sharnagat has been associated with companies such as Kotak Mahindra Bank since 2012, HDFC Bank (2004-2012), Directions Marketing Solutions (2002 - 2004). Mr. Sharnagat has a degree in Master of Management Studies from Sydenham Institute of Management and Bachelor of Chemical Engineering from ICT, Mumbai.