Ashok Leyland’s CEO & MD Vinod K Dasari resigns
Dasari will be suceeded by Dheeraj Hinduja who will take over as Executive Chairman with immediate effect
Published - Nov 14, 2018 12:50 PM Updated: Nov 14, 2018 12:50 PM
Hinduja Group's flagship firm Ashok Leyland's Chief Executive Officer (CEO) and Managing Director (MD) Vinod K Dasari has quit citing personal reasons, according to media reports.
His resignation has been accepted by the company but he has been reportedly asked to continue till March 31, 2019. Dasari will be suceeded by Dheeraj Hinduja who will take over as Executive Chairman with immediate effect.
“After completing 14 years with the company, Vinod K Dasari has decided to pursue his personal interests and seek new learning,” Media reports quoted the company as stating.
Reports also quoted Dheeraj Hinduja as saying, "I would like to place on record the contribution of Dasari in making Ashok Leyland a formidable force in the industry. He along with his leadership team steered the company to ensure significant all-round performance. We wish Dasari the very best in his future endeavors".
Dasari, meanwhile, has reportedly said that his decision to leave is purely personal as he wishes to pursue his personal interests.
Dasari has been the Managing Director of Ashok Leyland Limited since April 2011. He was promoted as Chief Executive Officer in April 2016.
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