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Shankar Venkatachalam Appointed Senior Management Personnel at ZF Commercial Vehicle India
Team Finance Saathi
27/Dec/2024
What's covered under the Article:
- Shankar Venkatachalam appointed as Senior Management Personnel of ZF Commercial Vehicle Control Systems India.
- Venkatachalam brings over 20 years of experience in the automotive industry to ZF India.
- The appointment will be effective from January 1, 2025, marking a new leadership phase for the company.
ZF Commercial Vehicle Control Systems India, formerly known as WABCO India Limited, has announced the appointment of Mr. Shankar Venkatachalam as a Senior Management Personnel of the company, effective from January 1, 2025. This move comes after the Board of Directors approved his designation through a Circular Resolution on December 27, 2024.
Mr. Shankar Venkatachalam joins the ZF Group with a wealth of experience, totaling over 20 years in the automotive industry. His extensive career has primarily focused on key account management, project management, and driving market growth within the automotive sector. Prior to this role, he worked with ZF India (formerly WABCO), where he held several leadership roles. His responsibilities included being a Key Account Manager, Project Management Leader, and Project Manager for air compressors. His professional journey also includes a tenure at Ashok Leyland from 2006 to 2013, where he held various positions such as Project Leader and Manager.
A graduate with a Master’s in Industrial Engineering from The Ohio State University, Venkatachalam’s appointment as Senior Management Personnel marks a key development for the ZF Group in India. With his experience in handling complex automotive projects and leading key accounts, he is expected to contribute significantly to ZF’s continued success and growth in the Indian market.
In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided all required details under Regulation 30. As part of this compliance, the company has also disclosed his appointment through the official communication channels of the BSE and the National Stock Exchange (NSE), ensuring the transparency of the process.
ZF has consistently expanded its footprint in the automotive industry with a focus on advanced technologies and innovative solutions for the commercial vehicle sector. The appointment of Mr. Shankar Venkatachalam is part of the company’s broader strategy to continue its leadership in OEM sales and other automotive solutions in the Indian market.
Mr. Venkatachalam’s impressive track record and experience in key project management roles will enhance ZF India’s ability to drive market growth, meet customer demands, and continue delivering high-quality solutions for the automotive industry. This change in the senior management team is expected to further strengthen the company's position in the market and ensure sustained growth in the years to come.
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