Ashok Leyland appoints Shenu Agarwal as new managing director, CEO

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Ashok Leyland, the flagship company of the Hinduja group and India’s leading commercial vehicle manufacturer, on 8 December announced the appointment of Shenu Agarwal as its new managing director and chief executive officer.

Important facts

• Shenu joins Ashok Leyland from Escorts Kubota Ltd, where he was president.

• He was the Chief Executive of the agri business for over seven years and was instrumental in making Escorts a leading company by introducing 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 all-rounder who has worked in various capacities across multiple disciplines.

• Agarwal is an MBA from Duke University, USA and B.Tech from NIT Kurukshetra and brings with him over 30 years of experience.

• He has worked across sales and marketing, product development, R&D, strategy, and project management.

• The board of Ashok Leyland was looking for a suitable person for the post of MD and CEO after Vipin Sondhi stepped down due to personal reasons in 2021.

• Sondhi served as MD & CEO of the company between December 2019 and December 2021.