Hinduja group flagship Ashok Leyland has announced the appointment of Shenu Agarwal as the company’s managing director (MD) and chief executive officer (CEO) with immediate effect.
In this role, Shenu will lead technology development, growth, and future strategy for the company toward achieving the mission to be among the top 10 commercial vehicle players globally.
Shenu Agarwal said, “I am honoured and feel privileged to be part of Ashok Leyland, an institution with a rich 75-year legacy of pioneering technology leadership.”
“I look forward to working closely with all the stakeholders and employees to help achieve in an accelerated manner Ashok Leyland’s Vision to be among the top 10 CV manufacturers globally,” Shenu added.
Ashok Leyland executive chairman Dheeraj Hinduja said, “Our focus on reliability, ambition to achieve global scale, and our constant pursuit of enhancing stakeholder value at Ashok Leyland will get further strengthened with Shenu at the helm.”
“I am optimistic that the company will carve new niches in the mobility sector soon under his stewardship and I wish him the very best for the future,” Hinduja added.
Shenu Agarwal has been appointed for a period of five years from December 8, 2022, to December 7, 2027. He joins Ashok Leyland from Escorts Kubota Ltd where he worked as President.
Shenu has over two decades of experience. He has worked with an organization Farmtrac North America (North Carolina, USA).
Shenu holds a Master’s in Business Administration from Duke University – The Fuqua School of Business. He completed his Mechanical Engineering (Honors) from the National Institute of Technology Kurukshetra.