Vinod Sahay to lead MTBL as the new CEO

Vinod Sahay to lead MTBL

Vinod Sahay, Chief Executive Officer – Two Wheeler Business, Mahindra and Mahindra and Director Peugeot Scooters will now lead Mahindra Trucks and Buses Ltd. (MTBL) as its new Chief Executive Officer (CEO). He takes over from the current CEO – Nalin Mehta. The shuffle is said to be part of the ‘normal talent rotation’ process according to sources at the Original Equipment Manufacturer (OEM), with more changes expected to be announced soon. Vinod Sahay joined Mahindra in June 2015, and is claimed to have played a key role in MTBL holding onto the market share in Medium and Heavy Commercial Vehicles (M&HCVs).Sahay’s position at Mahindra Two Wheelers will be filled by Prakash Wakankar, CEO, Mahindra Retail. Additionally, Harish Chavan, who led the farm business division at Mahindra’s Farm Equipment Sector, has been made Chief Operating Officer (COO) – International Operations. Chavan’s position will be taken by Pankaj Sonalkar, Head – Mahindra Vehicle Manufacturers. As part of the new structure, Vinod Sahay will report to Rajan Wadhera, President – Automotive Sector & Member of the Group Executive Board ,Mahindra & Mahindra Limited. Both Chavan and Sonalkar will report to Rajesh Jejurikar, President, Farm Equipment Sector. While the changes come into force with immediate effect, Vinod Sahay is expected to work in tandem with Nalin Mehta for a few months before he takes complete charge under his new role as the CEO.