Maruti Suzuki Board appoints Hisashi Takeuchi as MD and CEO

The Board members of Maruti Suzuki India Limited have appointed Hisashi Takeuchi as Managing Director and Chief Executive Officer with effect from April 1, 2022, as a result of the completion of Kenichi Ayukawa’s term on March 31, 2022.

Takeuchi has been appointed from April 1, 2022 to March 31, 2025. Kenichi Ayukawa, MD since 2013, will be executive vice president for the next six months to help with the transition. “The appointment and re-designation of Mr. Hisashi Takeuchi as Managing Director and Chief Executive Officer for a period of three years from 1 April 2022 to 31 March 2025,” the company said in a regulatory filing.

The Company further stated that in accordance with Section 108, Section 110 of the Companies Act, 2013 and other applicable provisions, if any, in order to obtain the approval of the members for the aforesaid appointments through postal ballot by providing the facility to vote by electronic means, Read together with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, the Board has declared Friday, the 1st day of April, 2022, as the cut-off date for determining the eligibility of members to cast votes through remote e-mail. as determined. Voting facility.

Speaking on the change, Ayukawa said, “India is one of the most interesting and promising automobile markets in the world and it has been a challenging and a fulfilling stint for me. Takeuchi has an excellent understanding of the Indian and international markets and is looking forward to the future of Maruti.” Suzuki is in a good position to lead. 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 heritage and it will be my endeavor to continue serving more and more customers both in India and the world with exciting cars that are good for them, the environment and the society. We will also try to make our business in such a way that soul-free India and India’s economic development will be strengthened.

Kenichi Ayukawa is a law graduate from Osaka University, Japan. Ayukawa joined Suzuki Motor Corporation (SMC) in 1980 and joined the Human Resources Division. He held several key positions at SMC and in the Group’s overseas operations, including General Manager, Overseas Marketing, Administration Division and Managing Director of Pak Suzuki Motor Co., Ltd.

In 2008, he was appointed as the Managing Executive Officer in Global Marketing at SMC and has been the Managing Director of Maruti Suzuki India Limited since 1 April 2013.

Thereafter, he worked at various levels such as Deputy Managing Director/Managing Director, Magyar Suzuki Corporation; Department General Manager- Global Automobile Planning Department and India Automobile Department; Divisional General Manager – Global Business Administration and Planning Division; e.t.c. Prior to joining Maruti Suzuki India Limited as Joint Managing Director (Commercial) in April 2021, he was working as Managing Officer, Executive General Manager- Asia Automobile Marketing.

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