Ashish Lath

Ashish Lath

Vice President and CFO- Farm Division

Mahindra & Mahindra

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Experience26+ Years
LevelCXO

Executive Overview

CFO with 22 years of experience in country’s renowned groups like Mahindra & Mahindra Limited, Dr. Reddy's, and Deloitte & Touche  Wide-ranging experience of over 22 years in Mumbai and Bangalore, in large conglomerates with International Operations; driven Finance, M&A, Business Development (including legal contracting), Taxation, Regulatory compliances and Operations (SCM, Infrastructure operations)  As a Financial Planner & Controller, solid record of contributions leading to lowered risk, heightened productivity & enhanced internal controls. Extensive experience of finalisation of accounts as per regulatory requirements including SOX compliances, IFRS and IND AS  Aa a Financial Analyst, led negotiations with customers, banks and other agencies. Proactive approach in successful organizational initiatives resulting in focused delivery of consistent & sustainable revenue & profitability.  At M&M, demonstrated leadership in financial & commercial appraisal of strategic projects of Green field plant at Chakan (1000 million $), Ssangyong acquisition (500 million $), Buyout of Renault’s Share in Joint Venture, Reva Acquisition, acquisition of stake in US listed company & many large organic & inorganic growth projects.  An Active Member of M&M Auto Sector Shadow Board during 2006-2008. Deft in creating, enhancing and maximizing enterprise value by originating and executing transactions such as mergers, acquisitions; devising strategies to optimize the value of assets & developing restructuring programs.

Career Timeline

Professional employment history
  • Oct 2022–Present· 3 yrs 11 mos
    • Vice President, Chief Financial Officer, Farm DivisionCurrent
      Oct 2022–Present
  • Apr 2020–Dec 2022· 2 yrs 8 mos
    • CFO- Mahindra Electric Mobility Limited
      Apr 2020–Dec 2022
  • Nov 2012–Mar 2020· 7 yrs 4 mos
    • Vice President and CFO
      Nov 2012–Mar 2020
  • Oct 2010–Oct 2012· 2 yrs
    • Chief Financial Officer
      Oct 2010–Oct 2012
  • Jul 2001–Sep 2010· 9 yrs 2 mos
    • DGM - Strategy Management Group
      2009–Sep 2010
    • Sr. Manager - Business Planning, Finance
      Nov 2004–Dec 2008
    • As Manager - MIS and Consolidation
      Jul 2001–Oct 2004
  • 2000–Jun 2001· 1 yr 5 mos
    • Assistant manager - Assurance & Business Advisory services
      2000–Jun 2001

Education

C.A

Institute of Chartered Accountant of India

Bachelor of Commerce (B.Com.)

Mithibai College

Executive certification

Harvard Business School

Executive Relationship Map

Reports To
Ashish Lath
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

BizKonnect has mapped this leadership network including reporting hierarchies, peer connections, and cross-functional relationships.

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Skills & Expertise

20 of 20 skills
MISFinancial AnalysisManagementBusiness PlanningNew Business DevelopmentManagement Information Systems (MIS)Mergers & AcquisitionsBusiness AnalysisFinanceValuationStrategyDue DiligenceAutomotiveStrategic PlanningBusiness StrategyBudgetingBudgetsAuditingBusiness DevelopmentTeam Management