Toyota Kirloskar Motor has announced the appointment of Masakazu Yoshimura as the new Managing Director. This comes as part of Toyota’s management restructuring in India. The former Managing Director Akito Tachibana is being repatriated back to Japan. The formal announcement will be made at the Board of Directors' meeting scheduled for the 29th of January, 2019.
Previously, Yoshimura was General Manager at Toyota Motor Corporation (East Asia and Oceania division). He has over 25 years of experience in the automobile industry, previously having worked in departments as varied as product planning, sales and marketing. He will be in charge of broad leadership and strategic charges of Toyota’s operations in India.
Previous Managing Director Akito Tachibana said with regards to the change in leadership, “Thank you very much for the support and cooperation extended to me during my tenure in Toyota Kirloskar Motor. Together as Team Toyota, we have defined Vision 2025 which enabled us to grow India and grow with India. I also sincerely appreciate the TKM Team in India for their active participation in realising a safe and clean company. Efforts related to continuous improvement and people development initiatives will help in business sustainability. It would be appreciated, if you could extend the same level of support to Mr Yoshimura. I am really happy to be in India during the phase of evolving changes, but with no change in the warmness of peoples’ heart in India.”
Commenting on his recent promotion, Masakazu Yoshimura said, “I am excited to work in the challenging Indian market. Taking forward Toyota’s core values, I look forward to everyone’s continued support and co-operation, to build on the growing momentum of sustainable operations in the region.”