Satyakam Arya to be new Daimler India Commercial Vehicles MD, CEO

German commercial vehicles major Daimler AG announced Wednesday appointment of Satyakam Arya as the Managing Director and CEO of Daimler India Commercial Vehicles (DICV).

Arya, who is currently Head of Customer Services at Daimler Trucks Asia and Chairman of PABCO Ltd, will succeed Erich Nesselhauf, the company said in a statement.

Nesselhauf will return to Daimler headquarters in Germany to take over global responsibility for Manufacturing Engineering at Daimler Trucks, starting October 1, 2018, it added.

Arya had joined DICV in 2009 as the Head of Powertrain Procurement before becoming its Vice President of Global Procurement.

In 2014, he moved to Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan as the Head of Global Procurement for Daimler Trucks Asia (DTA).

In 2017, he became the Head of Customer Services for DTA, while simultaneously fulfilling the role of President & CEO of MFTBC's subsidiary PABCO.

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