Rakesh Srivastava will join Nissan Motor India as CEO

New Delhi, September 3 () The former director of marketing and sales of Hyundai Motor India, Rakesh Srivastava, will assume the position of managing director of Nissan Motor India, according to sources.

Srivastava, who had left South Korea's auto race last year to lead the JSW Energy electric vehicle unit, will formally join the Indian unit of Japanese automaker Nissan in trouble this week.

When contacted for comment, Nissan Motor India and Srivastava declined to comment.

Srivastava, who joined Hyundai as Vice President and served for six years, played a key role in the growth of the company during the period, strengthening his position as the second largest player in the passenger vehicle segment.

He played a decisive role in the launch of key products such as i10 Grand, Verna, Elite i20 and Crete.

Before joining Hyundai, he had worked with Maruti Suzuki India for almost 15 years. A former student of IIM Ahmedabad, Srivastava had also worked in the tobacco and paint industry.

Nissan has been struggling with leadership in its Indian operations. In June of this year, Thomas Kuehl resigned as president of Nissan India after taking responsibility in October 2017. At the beginning of June last year, Jerome Saigot had resigned as Managing Director of Indian operations to pursue a career outside the group. MSS RKL RVK

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