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Satyakam Arya to succeed Erich Nesselhauf as MD & CEO of Daimler India Commercial Vehicles

, ET Bureau|
Sep 12, 2018, 09.41 PM IST
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Satyakam Arya to succeed Erich Nesselhauf as MD & CEO of Daimler India Commercial Vehicles
Daimler India Commercial Vehicles manufacturing plant in Chennai.
CHENNAI: Satyakam Arya, currently Head of Customer Services at Daimler Trucks Asia and Chairman of PABCO Ltd., will take over as Managing Director and CEO of Daimler India Commercial Vehicles (DICV) starting November 1, 2018. He will succeed Erich Nesselhauf who will return to the Daimler headquarters in Germany to take over global responsibility for Manufacturing Engineering at Daimler Trucks, starting October 1, 2018.

Satyakam Arya joined DICV in 2009 as the Head of Powertrain Procurement before becoming its Vice President of Global Procurement. According to Daimler, Arya established the entire supply chain network for DICV and helped build India into an important part of the Daimler production system. In 2014, he moved to Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan as the Head of Global Procurement for Daimler Trucks Asia (DTA).

In 2017, he became the Head of Customer Services for DTA while simultaneously fulfilling the role of President & CEO of MFTBC’s subsidiary PABCO. In the dual responsibility Daimler said, he grew DTA’s global parts and service business and improved PABCO’s profitability.

Martin Daum, member of the Board of Management of Daimler AG, Daimler Trucks & Buses said “With Satyakam Arya we are confident that we have found the right leader to continue the growth trajectory and take Daimler India Commercial Vehicles to the next level. He brings a deep understanding of the Indian automotive market combined with a wealth of organizational experience gained at Daimler Trucks Asia.”

The appointment of DICV’s new Managing Director and CEO is subject to final approval by DICV’s Board of Directors.
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