Mandar Vaidya joined OYO on August 1, 2019, to lead the company’s operations in South East Asia and the Middle East as the Chief Executive Officer, reporting into Ritesh Agarwal, Founder & CEO (Group), OYO Hotels & Homes.
A seasoned professional with over 15 years of experience, In this role, Mandar’s focus will be to oversee and grow OYO’s business in South East Asia, which includes Indonesia, Malaysia, Thailand, Vietnam and the Philippines, and the Middle East, United Arab Emirates, and Kingdom of Saudi Arabia. He is responsible for continuing to drive growth while delivering high-quality customer experience and sustained yields for asset owners.
Before joining OYO, he was working at McKinsey and Co. for 15 years, from 2002 to 2017, mostly in India with stints in Singapore and the UK. At Mckinsey, Mandar was a partner and led the health services practice in India, and the hospitals practice for Asia. His work was focused on operations - both hospitals and pharmaceutical companies, and health policy. He also led the Delhi office of McKinsey for 4 years.
After this long stint, Mandar was on sabbatical for the last two years, working a little and indulging a lot - spending most of his time meeting up with friends, traveling, hiking, watching cricket, and reading books. He also started teaching a problem-solving course at Ashoka University's Young India Fellowship program.
During this time, Mandar and Anita (his wife, also a doctor) became proud parents of little Rishi, who is all of 8 months old!.
Mandar is a medical doctor, having completed his MBBS and internship from Grant Medical College and JJ Hospital in Mumbai. After a brief stint as a Medical Officer, he opted out of an MD in Obs and Gynae, and did his MBA from the Jamnalal Bajaj Institute. He joined McKinsey from campus.
Mandar lives with Anita and Rishi in Gurgaon. All of them are excited to become part of the extended OYO family.