Honda Cars India appoints Katsushi Inoue as its new President & CEO

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Honda Cars India Ltd (HCIL), has appointed Katsushi Inoue as its new President & CEO, with effect from April 1. As part of these management changes, Hiroyuki Shimizu will now be the new Sr. Vice President & Director, Marketing & Sales in HCIL.

Yoshiyuki Matsumoto, Managing Officer, Honda Motor Co., Ltd. who was the Representative of Development, Purchasing and Production in Asia & Oceania since April 2013 and was stationed in India, will now move to Japan after completing his tenure. He will take over as the Chief Operating Officer of the Automobile Operation at Honda Motor Co., Ltd. He is planned to be elevated to the position of Director on the Board of Directors in Honda Motor Co., Ltd. with the title of Sr. Managing Officer and Director after approval at the General Meeting of Shareholders of the company scheduled to be held in June 2015.

Inoue takes over from Hironori Kanayama who has served as HCIL President & CEO for the past three years since assuming the position in April 2012. He has been associated with Honda for over 29 years and has served as General Manager in Marketing Planning office in Japan headquarters in his last assignment. Before this, he has worked with Honda ventures in different markets, and across the globe including Japan, Thailand, Malaysia, UK, Poland and Germany.

Hiroyuki Shimizu takes over from the current Sr. Vice President & Director, Marketing & Sales – Shigeru Yamazaki, who was at this position since April 2012. Shimizu has been associated with Honda for over 25 years and in his last assignment, he served as Director and Vice President at Honda in Thailand.

Mr. Hironori Kanayama moves back to Japan as he retires after successfully completing his career in Honda. It was in his tenure that Honda forayed into the diesel segment in India with the launch of its 1.5L i-DTEC diesel engine and entered into many new segments in the market leading to increase in HCIL operating field from 10% in 2012 to the current 51%. During his tenure in India, the company started assembly operations at its Tapukara Plant in Rajasthan and increased the production capacity to 2,40,000 units/ annum between the two plants.

We wish him and Inoue all the best in their future endeavours.

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