Mahindra & Mahindra Financial appoints Mahesh Rajaraman as CRO

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Mahindra & Mahindra Financial appoints Mahesh Rajaraman as CRO
Mahindra & Mahindra Financial appoints Mahesh Rajaraman as CRO

Mallika Mittal spent more than two years as an employee of Mahindra & Mahindra Finance.

Mahesh Rajaraman was named Chief Risk Officer of Mahindra & Mahindra Financial Services Limited on August 1, 2024, for five years. Mallika Mittal, who had tendered her resignation because her expectations had not been realized for several months, was replaced by him.

Mahesh Rajaraman, fifty-two, has 30 years of experience working in the banking industry. He had recently left his job at City Union Bank as Head of Credit. Prior to this, he worked for Yes Bank for eight years as Senior Group President, where he oversaw AML, fraud risk management, and credit policy for SMEs and retailers. In addition, he held positions with ANZ Grindlays Bank, HSBC Bank, and HDFC Bank for 12 years. In addition, he has experience with SME’s, retail assets, credit cards, and agriculture.

Mallika Mittal spent more than two years as an employee of Mahindra & Mahindra Finance. She has previously worked with HDFC Bank for more than 17 years. She started off at HDFC Bank as the Head of Credit Policy and went on to become the Head of Enterprise Risk Management, the Senior Vice President, and the Head of Operational Risk Management. She has also held positions in product development and policy management at IndusInd Bank and policy and credit, secured loans, and dealer funding at ICICI Bank. Her academic background comprises an MBA from Jai Narain Vyas University and a PGPMAX from the Indian School of Business.

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