Daimler India Commercial Vehicles (DICV) announced appointment of Satyakam Arya, as Managing Director and CEO with effect from 1st November 2018. He will replace Erich Nesselhauf who will return to Daimler headquarters in Germany to take over global responsibility for manufacturing engineering at Daimler Trucks, starting October 1, 2018.
Martin Daum, member of the Board of Management of Daimler AG, Daimler Trucks & Buses,”We are writing a success story here: As the first newcomer in this challenging market we managed to build more than 100,000 vehicles in India since start of production in 2012. Erich Nesselhauf massively contributed to this success with his extraordinary commitment and his know how. With Satyakam Arya, a commercial vehicle expert from our local leadership team with a deep understanding of the markets in India and Asia, will now continue the growth trajectory of DICV.”
Satyakam Arya joined DICV in 2009 as the Head of Powertrain Procurement before becoming its Vice President of Global Procurement in 2013. He established the entire supply chain network for DICV and helped build India into an important part of the Daimler production system.
In 2014, he moved to Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan as the Head of Global Procurement for Daimler Trucks Asia (DTA). In 2017, he became the Head of Customer Services for DTA while simultaneously fulfilling the role of President & CEO of MFTBC’s subsidiary PABCO.
In this dual responsibility he has effectively grown DTA’s global parts and service business and significantly improved PABCO’s profitability.
The appointment of DICV’s new Managing Director and CEO is subject to final approval by the Board of Directors.