Japanese electronics company Panasonic Corporation announced the elevation of Manish Sharma as Chairman and President of Panasonic India, effective from 1 October 2021.
He will continue to serve as President and CEO, Panasonic India and South Asia. Additionally, Manish will assume responsibility for leading the Panasonic Operational Excellence India, and Panasonic India Appliances Company, Lifestyle Updates Business Division, a statement said.
The changes come on the back of a global restructuring exercise at the Japanese durables and electronics major.
Manish has been serving as the President and CEO at Panasonic India and South Asia since 2016, and he was the first Indian to become a CEO at the Corporation.
The company said in a statement, “Manish has contributed to transforming the company into a front-runner by utilizing his deep understanding of the business to elevate the strategic opportunities and developments across businesses. He has been pivotal in spearheading the growth and transformation of Panasonic India from a consumer electronics company to a technology solutions company,”
“My association with Panasonic began in 2008, and it is an honour to assume this new role to broaden the brand’s vision. I look forward to strengthening Panasonic’s business in the region with a strong partner and customer ecosystem as well as pursuing new opportunities that will propel the company into the next stage of growth,” Manish Said on his appointment.