Business

Maruti Suzuki Appoints Hisashi Takeuchi As New Managing Director and Chief Executive Officer


Maruti Suzuki appointed Hisashi Takeuchi as Managing Director and Chief Executive Officer effective April 1.

New Delhi:

The country’s largest carmaker Maruti Suzuki India (MSI) on Thursday said it has appointed Hisashi Takeuchi as its new Managing Director and Chief Executive Officer effective April 1, 2022.

The company’s board of directors in its meeting held on Thursday, appointed Takeuchi as Managing Director and Chief Executive Officer effective April 1, following the completion of Kenichi Ayukawa’s term on March 31, 2022, MSI said in a statement.

To facilitate a smooth transition, Ayukawa will continue as a full -time Director appointed as Executive Vice Chairman until September 30, 2022, and will continue to provide guidance to the automotive major, he added.

The appointment is subject to shareholder approval, MSI said.

Takeuchi joined Suzuki Motor Corporation (SMC) in 1986.

With extensive experience in international operations at SMC as well as in overseas markets, he has been on the Board of Maruti Suzuki since July 2019, as Joint Managing Director (Commercial) since April 2021.

“I am grateful to the Board of Directors for giving me this trust. Maruti Suzuki is a great organization with a rich heritage and will be my efforts to continue to serve more customers in India and the world with attractive and nice cars. “them, the environment and society. We will also try to build our business in a way that strengthens Atma-Nirbhar Bharat and India’s economic growth,” he said.

Ayukawa, who has been the company’s Managing Director and CEO since April 2013, described his job as challenging and satisfying.

“India is one of the most exciting and promising car markets in the world and it has been a challenging and satisfying task for me. Takeuchi has an excellent understanding of the Indian as well as international markets and is well positioned to lead Maruti Suzuki into the future. wish him success on the way forward, “he said.

The automaker, whose market share in the domestic passenger vehicle segment of about 30 lakh (total) has dropped to 45 per cent this year from 48 per cent last year, is looking to fill gaps in various sub-segments that have emerged. in the SUV space in recent years.

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