Rajiv Vimal To Succeed Vimal Agarwal As CFO Of Mahindra Holidays

Rajiv Vimal has been appointed as the next Chief Financial Officer (CFO) of Mahindra Holidays & Resorts India Limited, effective July 1, 2026. He will succeed Vimal Agarwal, who will step down effective June 30, 2026.

Vimal currently serves as CFO at PPG Asian Paints Pvt. Ltd. Earlier, he held finance roles at Vodafone Mobile Services Ltd., including Head of Finance for the MPCG Circle, and worked across Vodafone Group and Vodafone East. He has experience across manufacturing and services, covering financial strategy, capital allocation, compliance, and governance. He holds a Bachelor of Commerce from St. Xavier’s College, Kolkata, and is a Chartered Accountant from the Institute of Chartered Accountants of India.

Agarwal has worked at PepsiCo India for over a decade in finance roles spanning operations, planning, controls, and supply chain. He later served as CFO at Parag Milk Foods Ltd. and at Mahindra Lifespace Developers Ltd., where he handled reporting, compliance, treasury, investor relations, and fundraising. He is a Chartered Accountant and MBA with over two decades of experience in finance and business strategy across multinational and listed companies.

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