Following the resignation of Arvind Subramanian, Mahindra Lifespace Developers has announced the appointment of Amit Kumar Sinha as CEO.

Subramanian is also stepping down from other positions at the company, including Managing Director, as of May 22. Sinha will join the company’s Board of Directors as an Additional Director on Friday, according to a stock filing.

His appointment is for five years, ending on May 22, 2028.

Amit joined the Mahindra Group as President – Group Strategy on November 1, 2020, and became a member of the Group Executive Board on April 1, 2021. Amit serves on the boards of several companies, including Mahindra Finance, Mahindra Logistics, Mahindra Susten, Mahindra First Choice, Mahindra Rural Housing Finance, and Fifth Gear Ventures.

Also Read | Mahindra Rural Housing Finance names Shantanu Rege as CEO

Amit was a senior partner and Director at Bain & Company before joining the Mahindra Group. Amit has over 18 years of experience in India and the United States, as well as a dual MBA from The Wharton School, University of Pennsylvania, specialising in Finance and Strategy. He also has a Bachelor of Engineering (Electrical and Electronics) degree from Birla Institute of Technology in Ranchi.