Vikram Kirloskar's Daughter Manasi Takes Over As Toyota Kirloskar Motor VC

on Thursday said Manasi Tata, daughter of late Vikram Kirloskar, will take over as its new Vice Chairperson with immediate effect.

She will also take over as the Vice Chairperson of Toyota Kirloskar Auto parts (TKAP), (TKM) said in a statement.

"The resolution, passed in its board meeting, comes after the untimely demise of Late Vikram S Kirloskar, former Vice Chairman of Toyota Kirloskar Motor," it added.

Tata is already serving as a member of the board of directors at Pvt Ltd and is an integral part of TKM's corporate decisions and strategic operations, the statement said.

"As a young business leader, Manasi Tata brings with her inclusive thinking and a people centric outlook that are critical in our pursuit of excellence across all areas. This, along with her sharp understanding of the Indian auto industry, will further strengthen TKM's commitment towards delivering 'Mass Happiness to All'," TKM Managing Director & CEO Masakazu Yoshimura said.

She is a graduate from the Rhode Island School of Design in the US and is well conversant in Toyota manufacturing processes and with the Japanese work culture, the company said.

"A fifth-generation scion of the Kirloskar empire, Tata holds art very close to her heart and her NGO, 'Caring with Colour' leverages this passion of hers, works with government schools in three districts of Karnataka," it added.

Her father had passed away in November last year following a heart attack.

In December, Kirloskar Systems Pvt Ltd had appointed Tata as Director on the board of the company's joint-venture companies, including Toyota Industries Engine India Pvt Ltd, Kirloskar Toyota Textile Machinery Pvt Ltd (KTTM), Toyota Material Handling India Pvt Ltd (TMHIN), and Denso Kirloskar Industries Pvt Ltd (DNKI).

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECENT NEWS

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more