Bajaj Auto Limited announced the re-appointment of Rakesh Sharma as Whole-time Director on the company’s Board, with effect from January 1, 2024.
According to the company’s exchange filing, “Shri Rakesh Sharma (DIN 08262670), Whole-time Director of the Company, whose five-year term would be expiring on 31 December 2023, has been re-appointed for a further period of 5 years w.e.f. 1 January 2024, subject to approval of the Shareholders of the Company at the ensuing Annual General Meeting.”
Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business). He led the International Business for over 10 years during which the business grew in scale to nearly INR ~10,000 crores representing close to 40% of Bajaj Auto’s revenues then. He was elevated to the position of Chief Commercial Officer in July 2018 with the responsibility to lead the front-end Business Units.
He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd. He is the Chairman of the Exports Council of the Society of Indian Automobile Manufacturers (SIAM) and the President of the International Motorcycle Manufacturers’ Association.
Prior to joining Bajaj Auto, Sharma worked for over 20 years with the ICI Group in the chemicals, speciality materials and paints businesses in India and overseas. His last posting was as CEO-Southeast Asia for ICI Paints.
Sharma is a Commerce graduate from Delhi University and holds a PGDM from IIM Ahmedabad.
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