Arun Nanda retires as Mahindra Lifespace chairman, to be succeeded by Ameet Hariani
He was inducted to the board of Mahindra & Mahindra (M&M) in August 1992 and resigned as Executive Director in March 2010 to focus on the social sector and create a favourable ecosystem for senior citizens. He continued as a non-executive director of M&M from April 2010 till August 2014.