India’s main two-wheeler maker Hero MotoCorp has appointed former State Financial institution of India (SBI) chairman Rajnish Kumar to its Board as Further and Impartial Director.
The corporate has additionally onboarded Vasudha Dinodia as an Further and Non-Government Director, efficient from 25 November.
On Friday, Hero MotoCorp shares have been down 2.62% to shut at ₹2,526.80 on NSE.
“Persevering with with its strategic initiatives to realize its new Imaginative and prescient – “Be the Way forward for Mobility”, Hero MotoCorp has additional augmented its management by onboarding distinct specialists to its Board of Administrators,” the corporate stated in an announcement.
Rajnish Kumar held a three-year stint as chairman of SBI, which got here to an finish in October 2020. He’s credited with steering the financial institution efficiently by very difficult occasions and adopting key expertise transformations.
Throughout his tenure, the Financial institution developed YONO, a digital platform, which established SBI as a world chief within the adoption of expertise and innovation.
Rajnish Kumar boasts of four-decade expertise with the State Financial institution of India. He’s presently serving as an Impartial Director on the Boards of many different firms together with HSBC, Asia Pacific, L&T Infotech and can be the Non-Government Chairman of Resilient Improvements (BharatPe).
Supply: Live Mint