Mahindra Lifespace Developers has announced the appointment of Amit Kumar Sinha as its CEO after Arvind Subramanian quit the post.

Subramanian is also relinquishing other posts such as Managing Director of the company effective from 22 May. Sinha is joining as Additional Director on the Board of Directors of the company with effect from Friday, the firm said in a stock filing. 

His appointment has been made for a period of 5 years till 22 May, 2028.

On 1 November 2020, Amit joined the Mahindra Group as President - Group Strategy and became a member of the Group Executive Board on 1 April 2021. Amit is on the Board of Mahindra Finance, Mahindra Logistics, Mahindra Susten, Mahindra First Choice, Mahindra Rural Housing Finance and Fifth Gear Ventures.

Prior to joining the Mahindra Group, Amit was a senior partner and Director with Bain & Company. Apart from holding 18-plus years of experience across India and the US, Amit holds a dual MBA from The Wharton School, University of Pennsylvania, specialising in Finance and Strategy. He also holds a Bachelor of Engineering (Electrical and Electronics) from the Birla Institute of Technology, Ranchi.