Ashok Leyland, flagship company of the Hinduja group and commercial vehicle manufacturer announced that Shenu Agarwal has been appointed as MD & CEO of the company with immediate effect.
Assuming charge, Agarwal will drive the technology development, growth, and future strategy for the company towards achieving our vision to be among the top 10 Commercial Vehicle players globally. Shenu joins Ashok Leyland from Escorts Kubota Ltd, where he was President. He was Chief Executive for Agribusiness for more than seven years and associated closely with the transformation of Escorts into a leadership position by ushering in 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 allrounder, having worked in different capacities in many disciplines. Our focus on reliability, ambition to achieve global scale, and the constant pursuit of enhancing stakeholder value at Ashok Leyland will get further strengthened with Shenu at the helm.”
“I am honoured and feel privileged to be part of Ashok Leyland, an institution with a rich 75-year legacy of pioneering technology leadership. I look forward to working closely with all the stakeholders and employees to help achieve in an accelerated manner Ashok Leyland’s Vision to be among the Top 10 CV manufacturers globally.” said Shenu Agarwal, MD & CEO, Ashok Leyland.