General Motors (GM) India announced today the appointment of Sanjiv Gupta as President and Managing Director of the company, effective 1 September, 2017. Gupta, currently serving as the Chief Financial Officer of GM India, takes over this role from Kaher Kazem, who has been named President and CEO of GM Korea. Gupta will combine his role as GM India President and Managing Director with his finance leadership responsibilities, the company noted.
Gupta joined GM in 2003, working in critical roles in VSSM, Auto Financing, Business Planning, Corporate Finance and Treasury, and Financial Planning and Analysis in USA 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.
Stefan Jacoby, GM Executive Vice President and President, GM International, Gupta is an experienced GM leader who has been a driving force behind the company’s strategy. He will continue to lead GM India’s plan to achieve better financial performance in India, added Jacoby.
Gupta noted that GM India is aligned on turning around the financial performance and delivering an orderly business transformation that supports its customers, employees and partners.
Kazem said that GM India’s transformation is on track, and that majority of dealers have accepted the company’s transition package. He added that the company has begun exports of Chevrolet Beat sedans to Latin America, and consolidation of manufacturing operations continues. “This is the right time to hand over responsibility to Sanjiv, who will continue to lead the business transformation,” concluded Kazem.