Santosh Iyer To Take Over As Managing Director, CEO, Mercedes-Benz India From January 1, 2023

Mercedes-Benz India today announced that Santosh Iyer, currently Vice President- Sales and Marketing, will succeed Martin Schwenk as the Managing Director & CEO of the company. Martin will take the new responsibility as the President and CEO, Mercedes-Benz Thailand. Both these appointments will be effective from January 1, 2023.

Martin Schwenk the current MD & CEO, of Mercedes-Benz India, will take the new responsibility as the President and CEO, Mercedes-Benz Thailand.

Martin Schwenk played a key role in preparing Mercedes-Benz India for the future transition of the automotive industry, by driving electrification and digitization initiatives. He steered Mercedes-Benz India successfully through the Covid-19 crisis, emerging stronger as a resilient organization.

Martin Schwenk, Managing Director & CEO, Mercedes-Benz India said, “As the company transitions into an exciting future with emerging mobility trends and unending possibilities, I am thoroughly convinced Mercedes-Benz will achieve new heights with the passion, vision and dynamic leadership that Santosh drives in. His contribution to the brand’s success story in India has been truly remarkable and his exemplary leadership will steer the company successfully into the future.”

Santosh Iyer took over as the VP, Sales & Marketing in July 2019, successfully leading Mercedes-Benz’s digital transformation of the business.

Santosh Iyer has been associated with Mercedes-Benz India since 2009 and has been at leadership roles across diverse functions including Sales, Marketing, Customer Services, Communications and CRM. In 2016, he took up the responsibility as Vice President, Customer Services & Retail Training business. Santosh took over as the Vice President, Sales & Marketing since July 2019, successfully leading Mercedes-Benz’s digital transformation of the business. During his tenure of heading Sales & Marketing, Santosh laid a strong foundation for Data analytics and pioneered online sales with its share exceeding 15% of total sales.

Speaking about his appointment, Santosh Iyer, Vice President, Sales & Marketing, Mercedes-Benz India said, “Mercedes-Benz is at the cusp of transitioning to an exciting, electrified future and it is a privilege for me to steer the brand, introduce emerging trends and continue to define new benchmarks for our customers. We have a fantastic winning team comprising our colleagues and Franchise Partners with proven records, and I am eager to continue this winning story.”