Maruti Suzuki’s Board of Directors today appointed
Hisashi Takeuchi
as new Managing Director and Chief Executive Officer for three years with effect from 1st April 2022, consequent to the completion of the term of
Kenichi Ayukawa
on 31st March 2022.
Kenichi Ayukawa will be the Executive Vice Chairman till 30th September 2022 to facilitate the transition process and provide guidance to the MSIL. Ayukawa has been the Managing Director of
Maruti Suzuki India Limited
since April 2013.
Maruti Suzuki said that in order to seek the approval of the members for aforesaid appointments through postal ballot by providing a facility to vote by electronic means pursuant to Section 108, Section 110 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, the Board has fixed Friday, 1 April, 2022 as the cut-off date to determine the eligibility of the Members to cast their votes through remote e-voting facility.
On this occasion, Kenichi Ayukawa said, “India is one of the most interesting and promising automobile markets in the world and it has been both a challenging and a fulfilling stint for me. Mr.
Takeuchi
has an excellent understanding of the Indian as well as international markets and is placed well to lead Maruti Suzuki into the future. I wish him a successful journey ahead.”
Takeuchi shared, “I thank the Board of Directors for placing this trust in me. Maruti Suzuki is a great organization with a rich legacy and it will be my endeavor that we keep serving more and more customers both in India and the world with exciting cars that are good for them, environment and society. We will also try to build our business in a manner that strengthens Atma-Nirbhar Bharat and the economic growth of India.”
Takeuchi joined Suzuki Motor Corporation (SMC) in 1986. With vast experience in the international operations at SMC as well as in overseas markets, he has been on the Board of Maruti Suzuki since July 2019 and as Joint Managing Director (Commercial) since April 2021.
Discover everything about the automotive world at Times of India. Bringing along a wide variety of experiences, Prachi is an avid o...
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