Anand Mahindra to co-chair World Economic Forum Annual Meeting 2009 at Davos

MUMBAI: Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, will co-chair the forthcoming World Economic Forum Annual Meeting 2009 at Davos, Switzerland. This year’s meeting will be held from January 28 – February 1, 2009 and has been organized under the theme ‘Shaping the Post-Crisis World’.

Forty-two heads of State and Government, 1,200 business leaders, NGOs, Trade Unions and experts from a wide range of fields will converge on the Swiss alpine resort of Davos to address the current global financial crisis, making this one of the most important meetings in the Forum’s history.

Co-chairs are chosen on the basis of the immense contribution they have made to their region or industry and the leadership they have established in their particular field. In addition to Mahindra, this year’s co-chairs include former Secretary-General of the United Nations, Kofi Annan, Chairman and Chief Executive, News Corporation, USA, Rupert Murdoch, Group Chairman, HSBC Holdings, United Kingdom, Stephen Green, Chief Executive, Royal Dutch Shell plc, Jeroen van der Veer, Chairman of the Board of Management, Bayer, Germany, Werner Wenning and Group Chief Executive, Transnet Limited, South Africa, Maria Ramos.

“The Annual Meeting 2009 will serve as an ideal forum for a diverse range of policy makers, business leaders and influencers from both emerging and developed nations to come together on a common platform and evolve a solution to the current economic crisis facing the world. I am delighted to participate in this event and look forward to my duties as co-chair”, said Mr. Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group.

“The World Economic Forum is proud that Anand Mahindra has accepted to be one of the co-chairs of the Annual Meeting 2009. This year’s Annual Meeting registrations, both in terms of quality of the participants and the numbers, shows the desire for us to collectively deal with the broader problems facing us all”, said Mr. André Schneider, Managing Director and Chief Operating Officer, World Economic Forum.

This year’s Annual Meeting will also take into account conclusions from the Forum’s first ever Summit on the Global Agenda which was held in Dubai in November 2008. Over 700 members of 69 Global Agenda Councils met to find solutions to some of the biggest challenges facing the world and their insights and recommendations will help shape the agenda at the Annual Meeting in Davos.

For nearly four decades, the Annual Meeting, the Forum’s flagship event, has provided a platform for leaders from all walks of life to set the global agenda and work towards solutions at the beginning of the year. The five day meeting in the Swiss alpine resort of Davos brings together CEOs, politicians, academics, NGOs and religious leaders from across the world and is one of the most significant events on the global calendar.

The US $6.7 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world.

The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development. Mahindra has recently made an entry in the two-wheeler segment which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry.

Mahindra’s Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The World’s Best Corporate Reputations list.

Mahindra is also one of only four Indian companies to receive an A+ rating from the Global Reporting Initiative (GRI) for its first Sustainability Report.



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