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Mr. Keshub Mahindra (October 9, 1923- April 12, 2023) who was the Chairperson of the Board of Governors, IIMA from 1974-1984 passed away yesterday at the age of 99. He was renowned for his visionary leadership and philanthropy. He was one of the most influential Indian business leaders in the second half of the twentieth century and steered the Mahindra group from a small firm importing steel and assembling jeeps to one of the flagship business groups of India with a major presence in the automobile and tractor sectors.
He was born on October 9, 1923, in Shimla and was the son of Jagdish Chandra Mahindra, one of the founders of the Mahindra group. He obtained a BSc. in Economics at Wharton, University of Pennsylvania, in 1947, and immediately joined Mahindra & Mahindra. He took over as Chairman in 1963, a position he maintained until he retired from the firm in 2012. He sat on the boards of numerous companies in India. He has been the only IIMA Chairperson to have served two terms and his tenure coincided with crucial developments in the political arena which led to various demands on higher educational institutes that the Board had to navigate through. He envisaged the Board to defend academic freedoms and was committed to the idea of complete functional autonomy of the institute. Some aspects of his term at IIMA have been captured by the IIMA Archives Oral History Project interview in 2018 when he was 95 years old and where he fondly recollected his time on the Board of IIMA.We present two video snippets below:
-Keshub Mahindra on joining IIMA's Board [2 minutes]
-Keshub Mahindra's Message to Students [2 minutes]
As a document of the month, we present his speech, as Chairperson, IIMA at 10th IIMA Convocation, 1975, photograph of Mr. Mahindra from IIMA Archives Oral History Project, 2018, and photograph of Shri Keshub Mahindra as Chairperson, with Chief Guest, Shri T. A. Pai, the Minister for Industry and Civil Supplies, and Shri Kasturbhai Lalbhai at 10th IIMA Convocation procession on IIMA Campus on April 19,1975.
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