Maruti board inducts four
New Delhi: Maruti Udyog (MUL) has inducted Kumarmangalam Birla, chairman, AV Birla Group, as an independent director on its board. Also inducted as independent directors into the new-look board, which now has a larger number of Indian nominees, are Pallavi Shroff, lawyer and senior partner, Amarchand and Mangaldas and Suresh A Shroff and Co, and Amal Ganguli, former chairman, PricewaterhouseCoopers India. In addition, the former managing director of Maruti Udyog, R C Bhargava, had also joined the board as part-time director. The appointment of the new members was approved by the MUL board during its meeting here on Monday which was attended, among others, by the chairman and CEO of Suzuki Motor Corporation of Japan, O Suzuki. The board also accepted the resignations of H Nagao and M Atsumi as directors. With the recast, the MUL board now has 11 members. Nakanishi and Jagdish Khattar continue to be the chairman and managing director of the company, respectively. Sugimori and Takeushi are the joint managing directors.
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