Pawan Munjal Reappointed As The CMD And CEO Of Hero MotoCorp

The board of directors of Hero MotoCorp recently announced that Pawan Munjal is being reappointed as the as the company's chairman, managing director, and CEO for another five years. His reappointment will commence from 1st of October 2016 as his current team ends on 30th of September 2016.  

Vikram Kasbekar, on the other hand, has been appointed as the company's head of operations and supply chain. This guy has over 40 years of experience in the field of operations, manufacturing, supply chains, and product engineering and has worked with Hero MotoCorp for 14 years. Vikram will be focusing on the manufacturing excellence, reducing risks and managing operational costs. Neerja Sharma has also been appointed as the company secretary and chief compliance officer who will look after the company’s governance. With 25 years of experience, Neerja will be working closely with the board of directors.

Speaking about the new developments of the company, Pawan Munjal stated, “Hero is today a truly global brand with its presence in more than 32 countries spread across Asia, Africa and South and Central America. Over the years, we have set global benchmarks in creating world-class manufacturing and operational facilities to ensure that our products are best in class in terms of design, technology and quality. Good corporate governance has always been the hallmark of Hero MotoCorp. This has become all the more pertinent in recent times, and the role of the secretarial function has significantly enhanced. The elevation of Vikram to the board and the appointment of Neerja demonstrate our commitment to expand our business aggressively by attaining new levels of growth, while we continue to maintain the highest standards of governance.”