Tata
Motors has announced the appointment of Mayank Pareek as President, Passenger
Vehicle Business Unit (PVBU). His appointment is effective October 1, 2014. He
will take over from Ranjit Yadav who will now head the International Business
for Passenger & Commercial vehicles.
According to a press release issued by Tata
Motors, as President, PVBU, Pareek will be responsible for steering the
passenger vehicle business. He will also be a member of the Corporate Steering
Committee. His extensive experience in the passenger car market will play a
significant role in harnessing Tata Motors growth potential to help position
the company as one of the leading passenger car manufacturers in India, the
release said.
Pareek
comes with over two decades of experience with Maruti Suzuki India Limited
(MSIL). His last role was as the Chief Operating Officer, wherein he was
heading the Marketing & Sales vertical that included Domestic Marketing and
Sales, Dealer Development, Product Development, Used Car Business, Outbound
Logistics, Spare Parts and Accessories, After Market Services and International
Marketing & Sales. He was also member of MSIL Management Committee, and a
permanent invitee to the MSIL Board.
He
began his career in 1982 with BHEL and worked in the manufacturing function and
joined Maruti Udyog in 1991. Initially, he was responsible for sales in the
North region and subsequently managed dealer development. During his tenure
with Maruti, he also led new strategic initiatives like Leasing, Financing and
Used Car Business.
Pareek
has a Post Graduate Diploma in Business Management from Indian Institute of
Management, Bangalore and a Bachelor of Engineering Degree from Indian
Institute of Technology, BHU.
Picture of Mayank Pareek, photography Mohd
Nasir