General Motors India has announced a change in leadership — Sanjiv Gupta will take over the position as the President and Managing Director, while Kaher Kazem will take up the role as President and CEO, GM Korea.
Sanjiv Gupta, who is the Chief Financial Officer will take up his new role, effective September 1, 2017. Gupta will combine his role as GM India President and Managing Director with his finance responsibilities.
Stefan Jacoby, GM Executive Vice President and President of GM International said, "Sanjiv Gupta is an experienced GM leader who has been a driving force behind our strategy. Sanjiv will continue to lead our plan to achieve better financial performance in India."
Speaking about his new role, Sanjiv Gupta said, "It is an honour to be leading GM India at such an important time for the business. I have the benefit of inheriting a strong leadership team. We are all aligned on turning around the financial performance and delivering an orderly business transformation that supports our customers, our employees and our partners."
General Motors recently announced the company's plans to withdraw sales in India. However, GM will make cars in India for international markets, and the change in leadership comes at a crucial stage.