Hero MotoCorp announces top level appointments
The country's largest two-wheeler maker Hero MotoCorp today announced top level appointments with Rajat Bhargava taking over as head of Strategy and Performance Transformation with immediate effect.
The company also said Marcus Feichtner, who was the executive director of its partner AVL's India Technical Centre, will head the newly-created division -- Engine Design & Development.
Before joining Hero MotoCorp, Bhargava was senior partner in McKinsey & Co.
"He (Bhargava) will develop and execute the group performance agenda, define and drive special initiatives, and support me on our performance transformation initiatives," Hero MotoCorp managing director & chief executive officer Pawan Munjal said in a statement.
Mr Bhargava will be part of Hero MotoCorp's top leadership group and will report directly to Munjal while Feichtner will report to the Head of Research & Development (R&D).
"As we go through one of our most exciting phases, a technological ecosystem will also form the core foundation of our growth. This is where Markus will play a critical role with the ideal credentials, experience and domain knowledge in strengthening this development process," Mr Munjal said.
With AVL as one of the technology partners of Hero MotoCorp, Feichtner has already been working closely with the company in his capacity as the Executive Director of AVL's India Technical Centre, which he had set up, and was responsible for technical leadership, strategy generation and business development at the centre.
The company said it has also appointed Anadi Pande as the Director of the School of Business & Management at the newly- established BML Munjal University.
He was earlier the head of Human Resource Management (HRM) and Corporate Planning & Strategy at Hero MotoCorp.