Vivek Sharma to step down as MD, Panasonic Life Solutions India

Sharma will move out of the operational leadership on September 30

e4m by exchange4media Staff
Published: Sep 15, 2020 5:45 PM  | 2 min read

Panasonic Life Solutions India has announced that inline with the company’s superannuation policy, Vivek Sharma, the Company’s Managing Director, will step down from the operational leadership on September 30.

Under his leadership the company has had a tremendous growth journey over the last 3 years, the company has said in a statement.

It was during Sharma’s tenure that the company took certain far reaching and path breaking initiatives, like moving from a dealer driven channel to a multi-channel, distributor led GTM strategy that also included a strong participation in alternate channels like E-com, MFR, Exclusive Brand Outlets, etc.

On his exit, Sharma said: “These last 3 years have been a journey of immense satisfaction. It is a befitting way to end a career spanning over three and a half decades. I have had the privilege of working in the FMEG/FMCD industry for more than 35 years and leading Panasonic Life Solutions India has been the highlight of my career. It has been a pleasure partnering all the stakeholders both internal and external to re-invent the Company and set it on higher growth trajectory by focusing on the employees and the consumers while enhancing skills and competencies across the stakeholder spectrum. We have had very significant achievements, with regards to our factory operations in India. Our manufacturing has traditionally been manpower intensive, however during the last three years, we have put in a lot of efforts and investments and have technologically upgraded it, with state-of-the-art robotics and automation solutions. These technological upgradations have given us a competitive edge, with the highest cost efficiencies, in the entire ECM industry”.

“A strong and vibrant culture is the best legacy of a successful leader. I am particularly proud that during my tenure at PLSIND we transformed from being a conventional electrical switches Company to becoming a part of an iconic transnational organisation. Most importantly, during this exciting journey, our existing internal talent culturally transformed itself to adapt to contemporary best practices which are the halmark of a performance based culture that we have established. This transformation of the team changed the way we do business, from the historical individual-oriented method of the past, to a process-oriented technology-driven way of doing business, with complete autonomy and empowerment. I can proudly say that as I depart from PLSIND, it is poised to achieve far greater success and scale newer highs in the years to come.”

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