Maruti Suzuki India rejigs top deck, heads of several verticals changed

Partho Banerjee is the new head of marketing and sales; Ram Akella will head the service division

Shashank Srivastava (left), head of sales and marketing division of the firm, will be replaced by Partho Banerjee (right), head of the service division
Shashank Srivastava (left), head of sales and marketing division of the firm, will be replaced by Partho Banerjee (right), head of the service division.
Deepak Patel New Delhi
2 min read Last Updated : Mar 27 2024 | 11:19 PM IST
Auto major Maruti Suzuki India (MSIL) on Wednesday announced a reshuffle in the top ranks.

Shashank Srivastava, who currently heads the marketing and sales division in the company, will be a member of the executive committee beginning April 1.

Partho Banerjee, who currently heads the service division, will take his place, MSIL told BSE.

Ram Suresh Akella, who is presently executive officer in the marketing vertical, will replace Banerjee from April 1 as the service head, India’s largest carmaker added.

Banerjee has been with the company for 34 years while Akella joined MSIL approximately 31 years ago.

MSIL on Wednesday became India’s 19th listed company to cross Rs 4 trillion market capitalisation milestone. Its shares have soared 23 per cent this year.

The company sold 1.607 million passenger vehicles in the April-February period of this fiscal year, recording a 14.45 per cent year-on-year growth.

CV Raman, who currently heads the engineering division in the firm, will be a member of the executive committee from April 1. Raman will be replaced by Tarun Aggarwal, who is presently executive officer and head of the powertrain vertical, it noted.

Rajesh Uppal, who has been heading the human resources (HR) and the information technology (IT) department in the firm, will be a member of the executive committee from April 1. Manoj Gautam and Salil B Lal will head the IT department and the HR department, respectively, from April 1 onwards.

The company has also appointed Sandeep Raina as the head of product planning. He has been with the firm for more than 30 years. 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Maruti Suzuki IndiaIndian companiesBSE benchmark index

First Published: Mar 27 2024 | 7:03 PM IST

Next Story