Hyundai Motor India Limited, the country’s largest exporter and second largest manufacturer of passenger cars, has elevated the responsibilities of members in its top level management. As per an announcement made to the press in New Delhi on April 9, 2013, R. Sethuraman has been promoted to the position of Director of Finance and Member of Board of Directors of the company. Further, Rakesh Srivastava has now been given responsibilities of the Senior Vice President of Sales and Marketing, Hyundai Motor India Limited.
Prior to his promotion, Sethuraman was the Senior Vice President of Finance and Member of the Board of Directors, Hyundai Motor India Limited. Similarly, Rakesh Srivastava was the Vice President, National Sales and Marketing at Hyundai Motor India Limited.
Expressing his views on the change in responsibilities of the top level management, B. S. Seo, Managing Director (MD) and Chief Executive Officer (CEO), Hyundai Motor India Limited, was quoted as saying, “We are very delighted to announce the elevation of Mr. R Sethuraman and Mr. Rakesh Srivastava. Their vast experience has shown an outstanding ability to assess the challenging situations, understand market dynamics and set goals and objectives for driving Hyundai’s growth story. We are confident that they will continue to lead the HMIL team ably with their experience and dynamism in their new roles.”
