09 Dec, 2022
New Delhi: Ashok Leyland, the Indian flagship company of the Hinduja group on Thursday announced that Shenu Agarwal has been appointed as MD & CEO of the company with immediate effect.
Assuming charge, Agarwal will drive the technology development, growth, and future strategy for the company towards achieving our vision to be among the top 10 Commercial Vehicle players globally, said the company in a statement.
He joins Ashok Leyland from Escorts Kubota Ltd, where he was President. He was Chief Executive for the Agribusiness for more than 7 years and associated closely with the transformation of Escorts into a leadership position by ushering in contemporary global standards of design, quality, and manufacturing.
Dheeraj Hinduja, Executive Chairman, Ashok Leyland said, “Shenu has a proven track record as a leader from a business conglomerate and is an allrounder having worked in different capacities in many disciplines. Our focus on reliability, ambition to achieve global scale, and our constant pursuit of enhancing stakeholder value at Ashok Leyland all will get further strengthened with Shenu at the helm.”
“I am optimistic that the company will carve new niches in the mobility sector soon under his stewardship and I wish him the very best for the future,” Hinduja said.
“I am honoured and feel privileged to be part of Ashok Leyland, an institution with a rich 75-year legacy of pioneering technology leadership. I look forward to working closely with all the stakeholders and employees to help achieve in an accelerated manner Ashok Leyland’s Vision to be among the Top 10 CV manufacturers globally,” said Shenu Agarwal.
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