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Ashok Leyland's MD & CEO decides to step down on Dec 31

By IANS | Updated: November 26, 2021 20:25 IST

Chennai, Nov 26 Commercial vehicle maker Ashok Leyland Ltd said on Friday that its Managing Director and Chief ...

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Chennai, Nov 26 Commercial vehicle maker Ashok Leyland Ltd said on Friday that its Managing Director and Chief Executive Officer (CEO), Vipin Sondhi, has decided to quit owing to personal reasons.

According to Ashok Leyland, Sondhi's resignation will be effective from December 31, 2021.

The company board has requested Chairman Dheeraj Hinduja to step in as Executive Chairman with immediate effect for business continuity.

The board will meet shortly to decide on the further course of action for identifying the next MD & CEO, the company said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Vipin sondhiAshok Leyland LtdAshok leylandAshok leyland ltd.Ashok leyland limited
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