Mahindra & Mahindra Financial Services Limited (MMFSL) has made a notable announcement, appointing Raul Rebello as its fresh Managing Director and Chief Executive Officer, effective from April 29, 2024. Rebello, aged 45, assumes this pivotal position following the retirement of Ramesh Iyer.

Having commenced his journey at MMFSL as the Chief Operating Officer on September 1, 2021, Rebello has exhibited remarkable leadership qualities, driving the company’s growth and transformative efforts over the last 17 months. His tenure has witnessed significant advancements across various facets of the business, as highlighted in an official statement.

Prior to his tenure at MMFSL, Rebello held the role of Executive Vice President and Head of Rural Lending and Financial Inclusion at Axis Bank. With a robust background in rural banking encompassing both assets and liabilities, Rebello brings a wealth of expertise to his new position. His professional trajectory underscores a consistent track record of fostering growth in large enterprises and nurturing innovative concepts, as mentioned in the statement.

Rebello, a graduate of the Goa Institute of Management with a Post-Graduate degree in Management, actively participates in numerous industry and trade association forums, emphasizing his dedication to promoting collaboration and progress within the financial realm.