Toyota Kirloskar Motor Rejigs Management Structure
Highlights
- Toyota Kirloskar Motor has made major changes in its management structure
- It says that the move will drive synergy and efficiency in the company.
- Current Executive VP, Mahesh N Salkar will retire on December 31, 2021.
Toyota Kirloskar Motor has rejigged its management structure making some key organisational changes in its top-level management. To begin with, the carmaker has appointed Raju B. Ketkale as Executive Vice President, Manufacturing, while Yoshinori Noritake has been appointed as Executive Vice President & Chief Technical Officer (CTO). In the sales & marketing department, Tadashi Asazuma has been assigned the role of Executive Vice President, Sales & Customer Services. Swapnesh R. Maru is the new Executive Vice President, Finance & Administration while Vikram Gulati has been appointed as Executive Vice President, Corporate Affairs & Governance. Finally Sudeep S. Dalvi has been appointed as Senior Vice President & Chief Communication Officer. All newly appointed officials will take charge of their respective responsibilities from January 01, 2022.
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Commenting on the announcement, Masakazu Yoshimura, Managing Director - Toyota Kirloskar Motor said, "We at TKM, are pleased to announce the realignment of our senior leadership team, aimed at strengthening the organization while rationalizing the management structure based on accountability, complexity and future readiness. As a people centric organisation,TKM has always put high emphasis on recognizing talent who exhibit proficiency while ensuring flexibility in assignment to further enhance competitiveness. This announcement not only recognize the truly significant contributions of the senior leaders, but also allows us to bring diversity within the management team, to nurture 'One Team Asia' spirit. I am excited to see this new team in action and I am certain that they will continue TKM's consistent growth in the industry."
Also Read: Toyota To Increase Prices Of All Its Cars From January 2022
Mahesh N Salkar who is the current Executive Vice President of the company will be retiring on December 31, 2021 after a 23 years long stint in the company. He joined TKM on September 21,1998. Since 2015, he has been on an assignment at a senior role in Toyota Motor Asia Pacific, Singapore and Toyota Daihatsu Engineering & Manufacturing, Thailand. Assigning new roles to the officials, the company has said that key resources have been aligned and assigned responsibilities in a way to drive synergy and efficiency throughout the organization.
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