Toyota Kirloskar Motor today announced top management rejig with Deputy Managing Director (Commercial), Shekar Viswanathan, being promoted as Vice-Chairman, External Affairs, while its current marketing head Sandeep Singh has been elevated as Deputy MD and COO.
The proposed changes will come into effect from January 1, 2013. The main objectives of these changes are to strengthen the organisation towards achieving TKM’s vision and further enhance speed of decision making, the company said in a statement.
Under the new structure, Viswanathan, will be responsible for External Affairs in his fresh role, it said.
The company further said Masanori Takahashi, Deputy Managing Director, Technical and Purchase, has been promoted Deputy Managing Director and Chief Operating Officer. In his new role he will head Manufacturing, Technical, Purchase and Vendor Development including supplier support.
As part of the changes, Shigeru Tomonaga, currently holding the post of Deputy Managing Director, Manufacturing will be an Executive Advisor to the TKM board of directors and chief of Supplier Support Centre, it added.
“All the above mentioned executives will continue to hold positions in the company’s board of directors,” the statement said.
Commenting on the development, TKM Managing Director and Chief Executive Officer, Hiroshi Nakagawa, said: “As we expand our operations in India, we need our team to take up new roles and responsibilities. I wish my colleagues the best for their new endeavours.”