Mahindra Rural Hsg Fin appoints Shantanu Rege as MD & CEO

Mahindra Rural Housing Finance, one of the largest home finance companies serving rural & affordable areas across India and a subsidiary of Mahindra and Mahindra Financial Services today announced the appointment of Shantanu Rege as the MD and CEO, who will succeed Rajnish Agarwal, who stepped down as a CEO & MD as of September 30th, 2022.

In his previous role, Shantanu worked as an Executive Assistant to the Group Chairman, Anand Mahindra in 2012. Post his stint, Shantanu moved to the rural housing business in 2016 as a Chief Operating Officer. He has played a pivotal role in driving growth opportunities within the Rural housing business and spearheaded the setting up of the affordable housing business.

Speaking on the appointment, Ramesh Iyer, VC & MD, Mahindra Finance said, “as Shantanu spearheads our Mahindra Rural Housing Finance business ,we look forward to capitalizing his expertise and leadership to explore newer and attractive growth opportunities. ”.


Shantanu Rege, CEO & MD, Mahindra Rural Housing Finance mentioned, “Having witnessed the transformation potential of housing finance within the lives of customers and employees over the past few years, it is a privilege to take charge and lead the business going forward. The rural and affordable housing businesses have tremendous potential for growth. Over the next few years, we hope to transform the company into a leading housing finance franchise which addresses the housing needs of a cross section of customers through innovative solutions and partnerships.”