GM India Announces Sanjiv Gupta President and Managing Director of GM India

 by Shrutee K/DNS

Mumbai – GM India announced that President and Managing Director Kaher Kazem will hand over the reins of the company to Chief Financial Officer Sanjiv Gupta from September 1.

“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,” said GM Executive Vice President and President of GM International Stefan Jacoby.

Gupta said, “It is an honor 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.”  Gupta will combine his role as GM India president and managing director with his finance leadership responsibilities.

Gupta joined GM in 2003 working in critical roles in VSSM, Auto Financing, Business Planning, Corporate Finance and Treasury, and Financial Planning & Analysis in the US and Canada. In February 2012, he was promoted to Director, North America Financial Planning and Analysis; and in September 2013 was appointed Director US Sales Operations Finance. Gupta joined GM India in May 2016.

Kazem, who will become president and CEO of GM Korea, thanked his leadership team and GM India employees for their professionalism and focus on implementing plans to turn around the business.

“GM India’s transformation is on track,” he said. “The overwhelming majority of dealers have accepted our transition package, we have begun exports of Chevrolet Beat sedans to Latin America, and our consolidation of manufacturing operations continues. This is the right time to hand over responsibility to Sanjiv, who will continue to lead the business transformation.”

General Motors Co. (NYSE: GM, TSX: GMM) and its partners produce vehicles in 31 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com