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Maruti shareholders approve appointment of Hisashi Takeuchi as MD and CEO

In a regulatory filing, the auto major said 99.89% of votes polled through a postal ballot were in favour of the appointment of Takeuchi as MD and CEO

Topics
Maruti Suzuki | Maruti Suzuki India | automobile industry

Press Trust of India  |  New Delhi 

Hisashi Takeuchi
Maruti Suzuki India Ltd. MD and CEO Hisashi Takeuchi (Photo: PTI)

The country's largest carmaker India (MSI) on Tuesday said its shareholders have approved the appointment of Hisashi Takeuchi as Managing Director and CEO.

In a regulatory filing, the auto major said 99.89 per cent of votes polled through a postal ballot were in favour of the appointment of Takeuchi as MD and CEO.

Similarly, 93.10 per cent of votes polled favoured the appointment of Kenichi Ayukawa as a whole-time Director designated as Executive Vice Chairman till September 30, 2022.

The company's board in its meeting held on March 24 this year had appointed Takeuchi as the MD and CEO with effect from April 1, 2022, consequent to the completion of the term of Kenichi Ayukawa on March 31, 2022.

Takeuchi joined Suzuki Motor Corporation (SMC) in 1986.

With vast experience in the international operations at SMC as well as in overseas markets, he had been on the Board of since July 2019, as Joint Managing Director (Commercial) since April 2021.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, May 17 2022. 16:00 IST
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