German commercial vehicles major Daimler AG announced Wednesday appointment of Satyakam Arya as the Managing Director and CEO of Daimler India Commercial Vehicles (DICV).
Arya, who is currently Head of Customer Services at Daimler Trucks Asia and Chairman of PABCO Ltd, will succeed Erich Nesselhauf, the company said in a statement.
Nesselhauf will return to Daimler headquarters in Germany to take over global responsibility for Manufacturing Engineering at Daimler Trucks, starting October 1, 2018, it added.
Commenting on the development, Martin Daum, member of the Board of Management of Daimler AG, Daimler Trucks & Buses said Arya brings a deep understanding of the Indian automotive market combined with a wealth of organizational experience gained at Daimler Trucks Asia.
Arya had joined DICV in 2009 as the Head of Powertrain Procurement before becoming its Vice President of Global Procurement.
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.
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