Hero MotoCorp’s CFO Niranjan Gupta to take over the role of CEO from May 1

Hero MotoCorp, the world`s biggest producer of bikes and scooters has appointed Niranjan Gupta as its new Chief Executive Officer (CEO), powerful from May 1, raising him from his contemporary role because the Chief Financial Officer (CFO), Head – Strategy and M&A.

Dr. Pawan Munjal will maintain as Executive Chairman and Whole-time Director at the Board.

The OEM says over the last six years, Gupta has performed a key function in shaping the economic fitness of the employer through navigating it via a especially aggressive and ever-evolving environment. He has additionally performed a full-size function in forging key partnerships with international manufacturers inclusive of Harley Davidson and Zero Motorcycles.

He has over 25 years of management revel in in finance, Mergers & Acquisitions, supplychain and approach roles throughout enterprise sectors consisting of customer goods, metals & mining, and automobiles.

Gupta additionally serves as a Director at the Board of Ather Energy, HMC MM Auto, and HMCL Colombia. Prior to Hero MotoCorp, he has spent 3 years at Vedanta and two decades in Unilever throughout international roles.

Dr. Pawan Munjal said: “Niranjan is a pacesetter with sharp enterprise acumen and a demonstrated tune file in handing over robust enterprise consequences in a especially aggressive environment. He has been instrumental in defining the organisation`s boom tale together along with his wealthy and various revel in throughout finance, approach and operational effectiveness in each advanced and growing markets. His sharp awareness has helped Hero MotoCorp in handing over robust coins waft over the years, whilst making sure sensible capital allocation.”

Niranjan Gupta said, “With extra than one hundred ten million clients, the logo has an unheard of reach, offering mobility answers to the masses. The adventure hereon goes to be even extra thrilling with awareness on international expansion, top rate segment, and electric powered mobility. Our vision, venture and values will remain the guiding mild in the direction of constructing the following boom tale, as we similarly consolidate our marketplace management whilst delighting our clients and developing shareholder value.”

The employer is anticipated to announce a brand new CFO in due route of time.

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