India Yamaha Motors is all set to get a new CEO, as the current CEO and MD; Mr. Yukimine Tsuji gets a reassignment at the parent company. He would be replaced by Mr. H. Suzuki on 1st of November 2010.
Announcing his impending departure, Mr. Yukimine Tsuji said, “I am very much satisfied with the efforts we have made to strengthen the company’s constitution, Brand Image and get back the trust of our customers. The task of rebuilding is complete & the company is ready to move into the growth phase under the leadership of Suzuki. I am confident that our business partners including dealers & parts suppliers will continue to make sustained efforts in the new paradigm.”
Mr. Yukimine Tsuji has been the CEO and MD of India Yamaha Motor since 2008 and have been credited with the recently rising fortunes of the company.