An Indian joint venture between Toyota Motor Corporation and Kirloskar Group, Toyota Kirloskar Motor (TKM) building on the recent developments has announced further senior management elevations.
Effective 1st January 2024, the following changes have been executed in support of TKM’s business expansion plan in the country.
- Mr. B. Padmanabha has been assigned as Executive Vice President of Manufacturing Function. He will oversee production and related functions at the two plants.
- Mr. G. Shankara, Senior Vice President and Chief Human Resource Officer has been appointed as the Executive Vice President for Finance and Administration. He will oversee functions including HR, financial, and operational strategies.
Furthermore, Mr. Vikram Gulati will continue to function as Country Head and Executive Vice President for Corporate Affairs and Governance. Mr Gulati will oversee policy-related matters aligned to national goals, External Communication including Public Relations and Corporate Governance.
Mr. Yoshinori Noritake will hold the position of Executive Vice President for Technical and Purchase and Chief Technical Officer, looking after all technical and purchase-related matters.
Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor and Regional CEO at Toyota Motor Corporation (TMC) said, “We at Toyota Kirloskar Motor are extremely pleased to announce the new changes to our senior management structure that is focused on steering the company’s growth plans.”
These developments are focused on creating efficiencies, flexibility, and future-readiness and are aimed at driving long-term synergies between corporate goals and business expansion plans to fortify the company’s operations in India.
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