Nissan Motor India has elevated its Deputy Managing Director Saurabh Vatsa as Managing Director from April 1 as the current incumbent Rakesh Srivastava retires on March 31.
Earlier this yr, Mr. Vatsa was appointed as DMD on January 15. Upon elevation, Mr. Vatsa will report back to Nissan India Operations President Frank Torres, the carmaker stated in a press release.
“As we transition into a new phase of the transformation plan for India, we are assured of having an experienced and insightful leader in Mr. Vatsa. He will build on the foundation laid by Mr. Rakesh and spearhead our next phase of growth as we prepare to deliver on the medium term plan and enter FY24,” Mr. Torres stated.