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New Delhi: Hero MotoCorp. Ltd on Thursday named Rajat Bhargava from consultancy firm McKinsey and Co. its new head of strategy and performance transformation, as India’s largest two-wheeler maker looks to strengthen its growth and launch new initiatives.

The company also named Markus Feichtner from Austrian engine maker AVL List GmbH as the chief of its newly created engine design and development division.

The appointments are with immediate effect.

Bhargava was a senior partner at McKinsey and based in Gurgaon, while Feichtner was executive director at AVL’s India technical centre.

He will be a part of Hero’s top leadership team and report directly to Pawan Munjal, chief executive and managing director. At McKinsey, he co-led operations and industrial practices in India and led its purchasing and supply management practice in Asia Pacific.

Bhargava “will develop and execute the group performance agenda, define and drive special initiatives, and support me on our performance transformation initiatives," said Munjal. “As we go through one of our most exciting phases, a technological ecosystem will also form the core foundation of our growth. This is where Markus will play a critical role..."

Feichtner will report to R&D head Harjeet Singh.

In another management change, Hero said Anadi Pande, its head of human resource management, will now head business and management faculty at Brijmohan Lal Munjal University in Gurgaon, an ambitious project of the Delhi-based business family.

“Dr. Pande’s new assignment is in keeping with his years of valuable experience in academics," the company said.

Before joining Hero, Pande was part of the teaching faculty at the Indian Institute of Management, Lucknow.

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