Mahindra Group names Devendra Sharnagat as SVP - AI Division

In his previous role at Mahindra Finance, Devendra Sharnagat led Data and Analytics function for financial services sector.

By  Storyboard18Dec 11, 2024 9:21 AM
Mahindra Group names Devendra Sharnagat as SVP - AI Division
Devendra Sharnagat, who began his career as a an account executive at Direxions Marketing Services, went on to work across HDFC Bank and Kotak Mahindra Bank.

Mahindra & Mahindra Limited has created a centralized resource pool of data and AI expertise to spur Mahindra group’s initiatives in the domain. Devendra Sharnagat, chief data and analytics officer (CDAO) of Mahindra Finance has been transferred to the AI division of M&M as ‘Sr. Vice President- Mahindra AI Division’.

Consequently, he has ceased to be SMP of the Company. He has been deputed to the company to oversee the data analytics function of the company and would participate in AI initiatives of other Mahindra group companies as well.

Sharnagat, who began his career as a an account executive at Direxions Marketing Services, went on to work across HDFC Bank and Kotak Mahindra Bank. In his previous role at Mahindra Finance, Sharnagat led Data and Analytics function for financial services sector. He drove business efficiency and productivity through data and digital.

As HDFC Bank's former assistant vice president - marketing analytics, Sharnagat led a team of business Analysts for managing analytical projects across Liability Products, Direct Banking Channels, Premier Banking, Depository Services, Forex Services and Prepaid Cards. His key responsibility included creating strategic Analytical framework to meet the business objectives set for the financial year across portfolios.

First Published on Dec 11, 2024 9:11 AM

More from Storyboard18

Brand Makers

Bajaj Consumer Care names Naveen Pandey as its MD; Jaideep Nandi to move on

Bajaj Consumer Care names Naveen Pandey as its MD; Jaideep Nandi to move on

Brand Makers

Tech Mahindra CEO Mohit Joshi earns Rs 52.1 cr in FY25, 840X median employee pay

Tech Mahindra CEO Mohit Joshi earns Rs 52.1 cr in FY25, 840X median employee pay

Brand Makers

Air India CEO's pay rises to Rs 27.75 crore days before tragic crash in Ahmedabad

Air India CEO's pay rises to Rs 27.75 crore days before tragic crash in Ahmedabad

Brand Makers

Aditya Birla New Age Hospitality names Molly Jaiswal as Head of Marketing - PCDR

Aditya Birla New Age Hospitality names Molly Jaiswal as Head of Marketing - PCDR

Brand Makers

P&G Hygiene and Health Care names Gaurav Bhartia as its CFO

P&G Hygiene and Health Care names Gaurav Bhartia as its CFO

Brand Makers

Madison Media Plus appoints Saumya Agarwal as Vice President

Madison Media Plus appoints Saumya Agarwal as Vice President

Brand Makers

Dominic Proctor, visionary media leader and WPP veteran, passes away

Dominic Proctor, visionary media leader and WPP veteran, passes away

Brand Makers

Nikhil, Nithin Kamath invest Rs 250 crore in InCred Holdings ahead of IPO

Nikhil, Nithin Kamath invest Rs 250 crore in InCred Holdings ahead of IPO