Sunil Kant Munjal, joint managing director at Hero MotoCorp and Chairman of Hero Corporate Services will step down from his position next month on August 16, 2016, to ‘pursue new business interests’. He is the brother of Pawan Munjal, the chairman, managing director and chief executive officer of the company.
Sunil Kant Munjal is the youngest son of Brijmohan Lall Munjal. However, the company stated that his leaving will not impact the overall promoter shareholding, strategic direction or operational management of the company. As he will continue to work the best interest of all stakeholders of Hero MotoCorp, including shareholders, employees, suppliers and business associates.
So let’s discuss some questions related to this post:
1. Name the joint MD of the Hero Moto Corp who has decided to step down from his position?
Courtesy: Economic Times