Maruti Suzuki Re-Appoints Hisashi Takeuchi as MD and CEO

Maruti Suzuki India Limited, the country’s largest automobile manufacturer, announced the re-appointment of Hisashi Takeuchi as its Managing Director (MD) and Chief Executive Officer (CEO). Takeuchi’s term has been extended for a period of three years, effective from April 1, 2025, to March 31, 2028. This decision underscores the company’s confidence in Takeuchi’s leadership and his ability to steer Maruti Suzuki through the evolving automotive landscape in India.

Takeuchi’s Journey with Maruti Suzuki

Hisashi Takeuchi took charge as Maruti Suzuki’s MD and CEO on April 1, 2022, succeeding Kenichi Ayukawa, who completed his term on March 31, 2022. Takeuchi’s association with the Suzuki Motor Corporation (SMC) group spans over three decades, beginning in 1986 when he joined the company’s overseas marketing department in Europe. His extensive experience in international markets and strategic roles within the Suzuki group has been instrumental in shaping his leadership at Maruti Suzuki.

Key Milestones in Takeuchi’s Career

• 1986: Joined Suzuki Motor Corporation (SMC) and began his career in the overseas marketing department in Europe.
• March 2009: Appointed as Managing Director of Magyar Suzuki Corporation, Hungary, where he played a pivotal role in strengthening Suzuki’s presence in the European market.
• June 2019: Took on leadership roles at SMC, Japan, including Executive General Manager of the Asia Automobile Marketing and India Automobile Department.
• April 2021: Joined Maruti Suzuki India as Joint Managing Director (Commercial), focusing on commercial operations and strategic initiatives.
• April 2022: Assumed the role of MD and CEO of Maruti Suzuki India, leading the company through a period of significant growth and transformation.

Strategic Vision and Achievements

Under Takeuchi’s leadership, Maruti Suzuki has continued to dominate the Indian automotive market, maintaining its position as the market leader with a strong focus on innovation, customer satisfaction, and sustainability. His strategic vision has been pivotal in driving the company’s efforts to adapt to the electric vehicle (EV) revolution and meet the growing demand for eco-friendly mobility solutions.

Focus on Electric Vehicles and Sustainability

Takeuchi has been a strong advocate for sustainable mobility, aligning Maruti Suzuki’s goals with global trends and India’s push toward green energy. The company has announced plans to launch its first electric vehicle (EV) in the Indian market by 2025, marking a significant milestone in its journey toward carbon neutrality. Takeuchi’s leadership will be crucial in ensuring the successful rollout of EVs and other alternative fuel vehicles in the coming years.

Re-Appointment of Maheswar Sahu as Independent Director

In addition to Takeuchi’s re-appointment, Maruti Suzuki’s Board has also recommended the re-appointment of Maheswar Sahu as an Independent Director for a further period of five years, from May 14, 2025, to May 13, 2030. Sahu, a seasoned professional with extensive experience in public administration and governance, has been a valuable member of the Board, providing strategic guidance and oversight.

Strengthening Corporate Governance

The re-appointment of both Takeuchi and Sahu reflects Maruti Suzuki’s commitment to strong corporate governance and leadership stability. Their combined expertise and vision will be instrumental in navigating the challenges and opportunities in the rapidly evolving automotive industry.