Arnab Banerjee named as MD & CEO of CEAT: Following the resignation of Anant Goenka, CEAT has named Arnab Banerjee as its new Managing Director (MD) and Chief Executive Officer (CEO). Banerjee’s term as MD and CEO will commence from April 1, 2023 and last for two years, according to the company’s corporate filing. Anant Goenka will resign as MD and CEO at the end of business hours on March 31, 2023, and will be appointed non-executive non-independent director and Vice Chairman of the company, subject to approval from members and other relevant authorities.
March 2023 Current Affairs Quiz
About the Arnab Banerjee
Arnab Banerjee, who is presently the COO, has been chosen to take over as the Managing Director (MD) and Chief Executive Officer (CEO) of CEAT for a period of two years beginning from April 1, 2023. Banerjee has over three decades of executive experience, having worked in various leadership roles at CEAT, Marico, and Berger Paints. He joined CEAT as Vice President of Sales and Marketing in 2005.
About the CEAT Tyres:
- • CEAT Tyres is a leading tyre manufacturer in India, offering a diverse range of tyres for automobiles, motorcycles, scooters, trucks, buses, and even farm equipment. The company was founded in 1958 and is headquartered in Mumbai, India.
- CEAT Tyres has a strong presence in the Indian market and also exports its products to more than 130 countries. Manufacturing facilities are located in India, Sri Lanka, and Bangladesh. CEAT has been recognized for its quality and innovation, and has won several awards, including the Deming Prize for Total Quality Management.