Maruti Suzuki India has taken a significant step in bolstering its leadership team by appointing Yukihiro Yamashita as the Joint Managing Director of Engineering and Quality Assurance. The company made the official announcement through a filing with the Bombay Stock Exchange on July 31, 2023. Yamashita’s appointment comes as Shigetoshi Torii resigns from his position as a Non-Executive Director of the company.
The exchange filing statement also highlighted the impressive Q1 FY24 earnings growth of 145.31 per cent. Following this, Yukihiro Yamashita has been designated as a full-time director and Joint Managing Director (Engineering and Quality Assurance) for a three-year term, starting from August 1, 2023.
Yukihiro Yamashita brings to his new role a wealth of experience spanning over 30 years in management, research, and technology within the automotive industry. Prior to this appointment, he served as Director and Senior Managing Officer Chief Technology Officer since April 1, 2023.
His journey with Maruti Suzuki Corporation began as Vice Executive-General Manager, where he oversaw automobile engineering operations. Over time, he assumed various leadership positions, including Director and Senior Managing Officer, Chief Technology Officer, and Executive General Manager, with responsibilities spanning Vehicle Regulations and Engineering Administration, Automobile Vehicle Engineering, Automobile Powertrain Engineering, and Automobile Electrical/Electronic Engineering.
Before joining Maruti Suzuki, Yamashita held crucial roles at Nippon Denso, focusing on Automobile Powertrain System Development and Powertrain Development Planning.
In addition to this key appointment, the company also announced the acquisition of Suzuki Motor Gujarat Private Ltd (SMG) as a wholly-owned subsidiary of MSIL during the board meeting held on July 31. This strategic move is aimed at enhancing automobile production efficiency in India and aligning with the company’s expanding market and carbon neutrality goals.