HomeNewsBusinessMaruti Suzuki CEO Kenichi Ayukawa takes over as SIAM President

Maruti Suzuki CEO Kenichi Ayukawa takes over as SIAM President

The election for new office bearers was conducted during the executive committee meeting, which was held after SIAM's Annual General Meeting on Friday.

September 04, 2020 / 20:38 IST
Story continues below Advertisement
The Brezza became the first compact SUV from Maruti and quickly became the largest-selling SUV in the country. The Brezza is priced at 7.34 lakh and is sold with just a petrol engine with three broad variants. With the changeover to BS-VI Maruti discontinued the diesel variant. (Image: Maruti Suzuki)
The Brezza became the first compact SUV from Maruti and quickly became the largest-selling SUV in the country. The Brezza is priced at 7.34 lakh and is sold with just a petrol engine with three broad variants. With the changeover to BS-VI Maruti discontinued the diesel variant. (Image: Maruti Suzuki)

Auto industry body SIAM on September 4 said its members have elected Maruti Suzuki MD and CEO Kenichi Ayukawa as its new president for a two-year term. The executive committee of Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, has elected Ayukawa as its new president, it said in a statement.

Ayukawa is the MD and CEO (Managing Director and Chief Executive Officer) of country's largest carmaker Maruti Suzuki India since 2013. He succeeds Rajan Wadhera, senior advisor, Mahindra and Mahindra Ltd.

Story continues below Advertisement

The election for new office bearers was conducted during the executive committee meeting, which was held after SIAM's Annual General Meeting on Friday. The SIAM members also elected Vipin Sondhi, MD and CEO, Ashok Leyland, as the new vice president.

Vinod Aggarwal, MD and CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) will continue as the Treasurer of SIAM, the industry body said.

PTI
first published: Sep 4, 2020 08:38 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!