Hero MotoCorp Appoints Company Insider Niranjan Gupta As New CEO

Listen to This Article

BENGALURU (Reuters) - Hero MotoCorp Ltd, India's biggest two-wheeler maker by volume, on Thursday named company insider Niranjan Gupta as its chief executive officer.

Gupta, currently chief financial officer at Hero MotoCorp, played a role in forming the bike maker's partnerships with Harley Davidson and electric-motorcycle maker Zero Motorcycles, the company said.

Pawan Munjal, Hero MotoCorp's current chief executive, will remain with the company as an executive chairman and full-time director on the board.

The development comes months after the company named Gupta as its head of strategy and M&A in December last year.

 

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Shounak Dasgupta)

RECENT NEWS

Coutts Sets Scope On New Continent

Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more

From Cypherpunk To Citadel

How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more

ACB Securities: Building Scale, Trust & Innovation

ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more

War Risk Returns To Markets As VIX Surges

For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more

Stablecoin The Future Of Currency?

The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more