Mahindra Finance
Sanket Desai currently serves as General Manager and Head of Products for Financial Products Distribution at Mahindra Finance since October 2020. Previously, Sanket held the position of Deputy Vice President in the Wealth Department at State Bank of India from November 2019 to April 2020 and worked as VP and Head of Mutual Fund Research & Advisory at IndiaNivesh Securities Ltd from September 2015 to October 2019. Additional experience includes roles as Senior Manager at Aditya Birla Money and Religare Finvest Limited, as well as positions in research at HDFC Bank and JM Financial Services Pvt. Ltd. Sanket began the career as Assistant Manager at IL&FS Investsmart Securities Ltd. Sanket holds multiple CFA qualifications and completed a Bachelor's degree in Commerce from the University of Allahabad.
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Mahindra Finance
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Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India's leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 9.3 million customers and has an AUM of over USD 11 Billion. The company is a leading vehicle and tractor financier and also offers other products like Fixed Deposits and SME Loans. The company has over 1,367 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. Mahindra Finance is the only Non-Banking Finance Company from India to be listed on the Dow Jones Sustainability Index in the Emerging Market Category 2019. The Company's Insurance Broking subsidiary, Mahindra Insurance Brokers Limited (MIBL), is a licensed Composite Broker providing Direct and Reinsurance broking services. Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. Mahindra Manulife Investment Management Private Limited (MMIMPL), a subsidiary of Mahindra Finance, acts as the Investment Manager for Mahindra Manulife Mutual Fund. The Company has a JV in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US.