Hyundai Motor India Names New Vice President

Updated: Thursday, July 26, 2012, 16:27 [IST]

Hyundai Motors India has named Mr Rakesh Srivastava as its new Vice President National Sales today. The carmaker in a press release has stated that Mr Srivastava will take the new position with immediate effect following the resignation of Mr Arvind Saxena last week.

Mr Arvind Saxena had been Hyundai Motor India's vice president for several years. He had announced his decision to move on to pursue other opportunities last week. He oversaw the launch of several new Hyundai cars in India including the Eon, i20, Fluidic Verna, Fluidic Sonata, Santa Fe and the new i10.

Hyundai Motor India's new vice president, Mr Rakesh Srivastava joined the company in April this year after a stint in Maruti Suzuki. He is an IIM - A alumnus and has over 24 years pf experience..

This is what Hyundai Motor India has said in its press release regarding the development:

Hyundai Motor India today announced that Mr. Rakesh Srivastava Vice- President - National Sales at Hyundai Motor India Ltd, will now be heading both the sales and marketing functions at HMIL. This was being earlier handled by Mr. Arvind Saxena, who has resigned from the company to pursue other opportunities. Mr. Srivastava joined the organization in April this year from Maruti Suzuki India Ltd. Mr. Srivastava is an IIM- A alumnus and has over 24 years of experience. His past assignments include Goodlass Nerolac Paints and GTC Industries.