Mahindra & Mahindra announced a major transition in management as the conglomerate transitioned towards overcoming a sales slump. In this transition, VS Parthasarathy has moved on from the earlier dual role of Group CIO & Group CFO at Mahindra & Mahindra Group and has been promoted as President - Mobility Services Sector, Mahindra Group.

The group is looking for CFO, Strategy Head and expanding leadership in customer experience, brand and IT.

In this new role, Parthasarathy will be heading the new mobility business of Mahindra group and chaired as Member of the Group Executive Board.

In his leadership stint, Parthasarathy has been associated with the M&M Group for over 20 years. In his previous dual role of managing the group's IT & Finance, he has led several successful projects such as creating IIC (information and insights center) incubated within the M&M IT team to provide critical information and insight to businesses and enable a decision support system.

In 2019, Parthasarathy took over as President of the BCCI from Sunil Mathur, MD and CEO of Siemens Ltd where he unveiled a mission statement under which the BCCI’s primary focus will be “Corporates for Change” - to promote sustainable social, economic, financial and environmental initiatives and projects that are comprehensive and inclusive.

Recently, Mahindra Logistics Limited appointed V. S. Parthasarathy as its Non-Executive Director and Chairman of the Board with effect from March 25, 2020.