Changes in Leadership Team at Hero MotoCorp
AT ITS RECENT MEETING, THE BOARD of Directors of India’s largest two-wheeler manufacturers, Hero MotoCorp, has announced the re-appointment of Pawan Munjal as the chairman of the company for the next five years, starting from 1 October 2016. His current tenure as the chairman was scheduled to come to an end at the end of September this year.
Aiming to consolidate the company’s leadership position in the domestic market while continuing its expansion strategy overseas, the Board also announced two changes in the leadership team. Vikram Kasbekar, Head of Operations and Supply Chain, has now been appointed as a member of the Board, while Neerja Sharma has been appointed as the company secretary and chief compliance officer.
Kasbekar brings with him nearly four decades of experience in the area of supply chain management, operations, project engineering and manufacturing (all of which are key focus areas for Hero MotoCorp) and has been with the company for 14 long years. In his expanded role Kasbekar will also take charge of aspects such as risk mitigation, global operations strategy, operational cost management, and compliance.
Meanwhile, Sharma brings with her over a quarter of a century of experience in areas of governance and compliance. As a key member of Hero’s leadership team, she will guide the team in all secretarial functions while addressing all priorities and challenges.