Eicher Motors Limited has announced the appointment of Mr. Vinod Kumar Aggarwal as the Executive Vice Chairman of the company. With a distinguished career spanning 45 years within the Eicher Group, Mr. Aggarwal brings deep industry expertise to this new leadership role. His appointment is effective from May 21, 2026, and is set for a term of three years, subject to approval from the company’s members.
Leadership Transition
The Board of Directors of Eicher Motors Limited has approved the elevation of Mr. Vinod Kumar Aggarwal to the position of Executive Vice Chairman. Mr. Aggarwal, who has served as a Non-Executive Director on the company board since April 1, 2019, and as Non-Executive Vice Chairman since February 13, 2025, will now transition into an executive capacity to oversee the strategic direction of the organization.
Industry Veteran Profile
Mr. Aggarwal is a seasoned industry professional with over four decades of experience, 43 years of which have been dedicated to the Eicher Group. His past contributions include serving as the Chief Financial Officer of the Eicher Group (2005–2009) and as President of Eicher Trucks and Buses. He also led VE Commercial Vehicles Limited (VECV), the company’s joint venture with AB Volvo, for over 16 years, ultimately serving as CEO and Managing Director before becoming the Non-Executive Chairman of VECV earlier this year.
Professional Background
Beyond his leadership within the group, Mr. Aggarwal has held significant positions in industry bodies, including serving as the Past President of the Society of Indian Automobile Manufacturers (SIAM) and the Automotive Skills Development Council (ASDC). He is a qualified Chartered Accountant and Cost and Management Accountant, holding a commerce degree from Punjab University. The company has confirmed that Mr. Aggarwal is not related to any existing members of the Board and is fully eligible to hold office.
Source: BSE
