In a significant development for the automotive aftermarket industry, G. Srinivasa Raghavan has been appointed as the Chairman of the Board of Directors of Nexus Automotive International. Raghavan, who is the Managing Director of ki Mobility Solutions and CEO & Global President of TVS Mobility, brings a wealth of experience and leadership to his new role.
ki Mobility Solutions, an independent automobile aftermarket business, has thrived under Raghavan’s leadership. His appointment to Nexus Automotive International underscores the growing importance of the Indian market in the global automotive landscape. It is the first time an Indian leader has assumed such a prominent global role within the Automotive Aftermarket, highlighting India’s increasing influence in the global economy.
Nexus Automotive International, headquartered in Geneva, has a reputation for innovative strategies and growth acceleration. The company’s decision to elect a leader from a fast-growing market like India reflects its commitment to expanding its geographical reach and embracing new perspectives. This move follows the leadership of previous chairmen from the Middle East and South America, showcasing Nexus’s dedication to diverse global leadership.
Gaël Escribe, CEO of Nexus, emphasized the alignment of Raghavan’s appointment with the company’s core values and its focus on investing in rapidly growing markets. “Raghavan’s leadership will drive us forward into a new decade of global reinforcement. Our new motto, ‘Brightening our future,’ captures our vision for growth and innovation in the coming decades,” Escribe remarked.
Raghavan expressed his honor at taking on this role at a pivotal time for Nexus. He highlighted the challenges and opportunities within the fast-transforming automotive aftermarket industry, stating, “Innovation is key to benefiting from the rising opportunities in our industry.”
With Raghavan at the helm, Nexus Automotive International is set to continue its trajectory of success, reinforcing its global presence and accelerating innovative investments within the automotive aftermarket landscape.