Nissan Motor India, announced the appointment of Saurabh Vatsa as Managing Director (MD) of the company effective April 01, 2024. Earlier this year, Saurabh Vatsa was appointed as Deputy Managing Director by the company on January 15. Upon elevation to the role of MD, Saurabh will report to Frank Torres, President, Nissan India Operations and Region Divisional Vice President of Business Transformation (AMIEO).
Saurabh Vatsa has been appointed as the new Managing Director of Nissan, succeeding Rakesh Srivastava, who retired on March 31, 2024. Under his leadership, Nissan introduced the bestseller Nissan Magnite B-SUV in India, achieving over 100,000 domestic sales as of February 2024.
The company has won the Global Nissan President Award for Project Magnite in 2020 and the Nissan India Business Transformation Plan in 2022. The company thanks Rakesh for his contributions and leadership, wishing him the best for his next phase. Commenting on his elevation, Saurabh Vatsa said, “We intend to deliver on the ongoing business transformation plan in preparation of the MTP which includes a new product portfolio and enhanced customer centricity.”
