Current MD and CEO Kenichi Ayukawa, whose term ends March 31, will serve as executive vice chairman and full-time director until September 30
Current MD and CEO Kenichi Ayukawa, whose term ends March 31, will serve as executive vice chairman and full-time director until September 30
The country’s largest automaker, Maruti Suzuki, said Thursday its board of directors had appointed Hisashi Takeuchi as the company’s managing director and chief executive officer for a three-year term effective April 1.
Current MD and CEO Kenichi Ayukawa, whose term ends March 31, will serve as executive vice chairman and full-time director until September 30. Mr. Ayukawa has held the position of Managing Director of Maruti Suzuki India Limited since April 2013.
These appointments are subject to shareholder approval.
Mr. Takeuchi is a graduate of the Economics Department of Yokohama National University, Japan and joined Suzuki Motor Corporation (SMC) in 1986. Member of the Board of Maruti Suzuki since July 2019 and as Joint Managing Director (Commercial) since April 2021.
“India is one of the most interesting and promising automotive markets in the world and it has been both a challenging and fulfilling time for me,” said Mr. Ayukawa. “Mr. Takeuchi has excellent knowledge of the Indian and international markets and is well placed to lead Maruti Suzuki into the future. I wish him a prosperous journey,” he added.
Mr. Takeuchi said: “Maruti Suzuki is a great organization with a rich heritage and it will be my aspiration that we serve more and more customers in India and the world with exciting cars that are good for them, the environment and society. We will also try to build our business in a way that will strengthen Atma-Nirbhar Bharat and India’s economic growth.”
