New Delhi: Hitachi India Pvt. Ltd has named Bharat Kaushal as its managing director.
Kaushal will be the first Indian to spearhead Hitachi’s India operations. He succeeds Kojin Nakakita who will now become chairman of Hitachi India and Hitachi Asia Ltd.
The appointment will be effective 1 June, the company said.
Kaushal is currently serving as chairman in India of Sumitomo Mitsui Banking Corp. (SMBC). He is the first non-Japanese to be appointed as SMBC India’s CEO and held the position between 2012 and 2015.
“Of my 25 years’ working career, I have been with Japanese institutions for 20 years,” Kaushal told Mint in a phone interview. “Hitachi has got 31 different businesses and I think it is an interesting reinvention for me. I must grow the economic engagement of Hitachi, especially in areas such as infrastructure, digital, IoT and manufacturing,” he added.