Hero Motors elevates Pankaj Munjal as CMD

Hero Motors elevates Pankaj Munjal as CMD
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Hero Motors elevates Pankaj Munjal as CMD. Hero Motors Group, which includes flagship company Hero Cycles, said it has elevated Pankaj Munjal as its CMD.

New Delhi: Hero Motors Group, which includes flagship company Hero Cycles, said it has elevated Pankaj Munjal as its CMD.

Pankaj Munjal has taken over from O P Munjal, who led the Ludhiana-based company for more than 60 years, Hero Motors Group said in a statement. O P Munjal has now been elevated to the position of Chairman Emeritus, it added.

The group comprises cycle major Hero Cycles, auto parts manufacturing companies -- Hero Motors Ltd, ZF Hero Chassis Systems and Munjal Kiriu Industries -- hospitality arm Munjal Hospitality and luxury home decor products company Oma Livings.

Pankaj Munjal had joined the group as a trainee in 1988 and was appointed as its Co-Chairman and Managing Director in December 2011.

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