At this meeting, it was decided to appoint Hisashi Takayuchi as the Managing Director and CEO of Maruti Suzuki. He will take over as CEO on April 1.
Kenichi Ayukawa has been given the responsibility of being the Vice President of Maruti Suzuki until September 30 to ensure that the transition goes smoothly. He will provide the guidance and advice the company needs.
However, appointments require the approval of stakeholders. Hisashi Takayouchi thanked the board for trusting him and giving him the leadership.
Maruti Suzuki continues to dominate the Indian car market. However, the market share of Maruti Suzuki has been hit recently due to various reasons including shortage of semiconductor.
In such a scenario Maruti Suzuki has been given the leadership responsibility of Hisashi Takayuchi. Therefore, the next few years are considered to be the most important for Maruti Suzuki.