Monday, December 5, 2022
HomeAutoSantosh Iyer appointed as Managing Director and CEO of Mercedes-Benz India

Santosh Iyer appointed as Managing Director and CEO of Mercedes-Benz India

New Delhi.
Luxury car maker Mercedes-Benz made an important organizational announcement. Following his tenure in India, Martin Schwenk will take over as the President and Chief Executive Officer of Mercedes-Benz Thailand. Santosh Iyer has stepped down and will replace Martin Schwenk as the Managing Director and CEO of Mercedes-Benz India. Both these appointments will be effective from January 1, 2023.Under Martin Schwenk’s leadership over the past four years, Mercedes-Benz India has cemented its position as the undisputed leader in the luxury car segment in the country, achieving the highest market share.

Martin Schwenk, Managing Director and CEO, Mercedes-Benz India commented, “I will personally miss India for the warmth and generosity of the people, our partners and customers. It is indeed a dynamic market with immense potential and offers opportunities, making my tenure prosperous and rewarding. Mercedes-Benz’s strong brand loyalty and leadership in India is remarkable and drives our customer centricity and customer commitment.”

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