The Board of Directors of Maruti Suzuki India Limited, in its meeting held today, appointed Mr. Hisashi Takeuchi as the Managing Director and Chief Executive Officer with effect from 1st April 2022, consequent to the completion of the term of Mr. Kenichi Ayukawa on 31st March 2022. In order to facilitate smooth transition, Mr. Kenichi Ayukawa will continue as a Whole-time Director designated as Executive Vice Chairman till 30th September, 2022, and will continue to provide guidance to the Company. These appointments are subject to shareholder approval. Speaking on the transition, Mr. Ayukawa said "India is one of the most interesting and promising automobile markets in the world and it has been both a challenging and a fulfilling stint for me. Mr Takeuchi has an excellent understanding of the Indian as well as international markets and is placed well to lead Maruti Suzuki into the future. I wish him a successful journey ahead." Mr. Takeuchi shared "I thank the Board of Directors for placing this trust in me.