Motor Company has announced the appointment of global automotive industry icon
Prof Sir Ralf Speth to its Board of Directors.
The company further announced the appointment of Kuok Meng Xiong as an
Independent Director. MX is the scion of the Kuok Group, one of Asia’s most
respected business houses and the founder of venture firm K3 Ventures.
Srinivasan, Chairman of TVS Motor Company, who has built the company from 1980
to being among the top 5 global manufacturers of two and three-wheelers, will
become Chairman Emeritus effective January 2023, and Sir Ralf will succeed him
Ralf is widely acclaimed for his tremendous leadership at Jaguar Land Rover and
for transforming it into the global marquee it is today. He continues to serve
on its board as vice chairman as also on the board of Tata Sons.
Speth, Venu Srinivasansaid, “It is a momentous occasion for TVS Motor Company
to welcome Ralf to its Board. His passion for technology, eye for products and
commitment to building brands are truly remarkable. His thoughts will add
immensely to TVS Motor as the company shapes itself for the future. Ralf’s deep
insights and guidance will be invaluable to the management team as TVS Motor
Company embraces the future of mobility.”
Ralf began his career in BMW and rose to a very senior level at a young age. He
did his PhD at Warwick Manufacturing Group and later joined Premier Auto Group,
where he was responsible for product planning and quality. Later, he moved to
the chemical giant Linde where he ran global operations. Most recently, he was
CEO of Jaguar Land Rover for over 11 years, marking the most glorious period in
the history of the British marquee, making it one of the most respected luxury
brands in the world. He was knighted by the Queen in 2018 for his contributions
to British industry. The Royal Society recognised his passion for science in
2020 for making him a Fellow of the Royal Society, a rare honour for a business
Meng Xiong started his career at the Group’s Shangri La Hotels, expanding it to
Europe, West Asia and Sri Lanka. He started the venture firm K3 where he has
led early investments in 38 of the world’s leading startups and many Asian
unicorns. Some of his early investments include Grab, Bytedance, Palantir,
Airbnb, GoPay, Wiz.ai, SpaceX and many others. He is also on the Board of many
Kuok Group Companies and the advisory Board of TPG, among others.
brings a unique mix of strong corporate values and a clear vision of the future
digital world, and it will be a privilege to have him on our Board”, said Venu Srinivasan.
The Board also accepted the resignation of Mr. Rajesh Narasimhan. He has joined the Board of Sundaram Clayton,
in addition to his executive role at TVS Digital, where he leads investments in
start-ups related to the Group’s business.
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