Pawan Munjal reappointed as CMD and CEO of Hero MotoCorp

New Delhi, Aug 9 (IANS) Two-wheeler manufacturer Hero MotoCorp on Tuesday said that Pawan Munjal has been reappointed its Chairman, Managing Director and Chief Executive Officer for a period of five years.

"The Board of Directors at Hero MotoCorp has re-appointed Pawan Munjal as the Chairman, Managing Director and Chief Executive Officer of the Company for a period of five years with effect from 1st of October, 2016," the two-wheeler manufacturer said in a statement.

"Over the past several years, Pawan Munjal has led Hero MotoCorp in a highly competitive and volatile market, to not just consolidate its market leadership, but also expand its global footprint across continents."

Munjal's current tenure comes to an end on September 30, 2016.

According to the statement, company has also strengthened its senior leadership team.

"As part of this move, Vikram Kasbekar - Head of Operations and Supply Chain - has been appointed to the Board of Directors of Hero MotoCorp," the statement further said.

"Hero MotoCorp has also appointed Neerja Sharma as the Company Secretary and Chief Compliance Officer."