The
Board of Directors of Maruti Suzuki India Limited, in its meeting held on March
24, 2022, appointed Hisashi Takeuchi as the Managing Director and Chief
Executive Officer of the company with effect from April 1, 2022, consequent to
the completion of the term of Kenichi Ayukawa on March 31, 2022.
In
order to facilitate smooth transition, Kenichi Ayukawa will continue as a
Whole-time Director designated as Executive Vice Chairman of the company till
September 30, 2022, and will continue to provide guidance to the Company. These
appointments are subject to shareholder approval.
Speaking
on the transition, Ayukawa noted “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. Ayukawa has been the Managing Director of Maruti
Suzuki India Limited since April 2013.