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

Titi Coles Legacy In Finance: Pioneering Diversity And Leadership

Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more

Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape

As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more

The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma

In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more