Non-Executive – Non Independent Director
Mr. S. Durgashankar holds a Bachelor’s Degree in Commerce and is a Member of the Institute of Chartered Accountants of India, New Delhi. Mr. S. Durgashankar is currently the Chief Financial Officer – Aerospace, Defence & Agri Sectors. Prior to that he was President of Group Controller of Finance and Accounts and member of Group Executive Board at Mahindra & Mahindra Limited (M&M).
During his overall work experience, he has handled a wide spectrum of Corporate Finance assignments at senior levels including Finance, Accounts, Treasury, and Commercial Operations, Project Evaluation and Risk Assessment in addition to tackling multiple complex matters like recasting the accounts for the past several years and handling legal cases. At M&M, he was instrumental in setting up the Mergers & Acquisitions (M&A) division and has rich M&A experience. The M&A division at M&M has successfully completed over 125+ inorganic transactions both (Domestic and International) for the Group.
He was earlier Corporate Treasurer and Head of Treasury and Investor Relations at M&M. He is an Alumni of Harvard Business School where he had attended the Advanced Management Program. He is also a speaker at many fora, including IIM Ahmedabad and IIM Nagpur, on varied topics in M&A, Finance, Governance and Business Disruption. He was the recipient of CFO 100 Awards in 2010, 2013 and 2014 for his contribution to Corporate Finance in the area of M&A. He was also the recipient of CFO India League of Excellence Award in March 2015.