Jain has been named as the Executive Director - Finance and IT of Skoda Auto
Volkswagen India Private Limited (SAVWIPL). He succeeds Martin Mahlke who
successfully steered the financial strategy for the Group’s crucial India 2.0
project over the last three years.
his role as CFO, Nalin Jain will be responsible for steering the future growth
of Volkswagen Group in India within and beyond the India 2.0 programme. SAVWIPL
oversees the India operations of five brands which include Skoda, Volkswagen,
Audi, Porsche and Lamborghini.
Schenk, Board Member - Finance and IT, Skoda Auto, and Chairman of Skoda Auto
Volkswagen India Private Limited said, “I would like to thank Martin Mahlke for
his exceptional contribution as the CFO of Skoda Auto Volkswagen India Private
Limited. He played a significant role in managing the company’s cost and cash
proficiently during our successful implementation of India 2.0, especially
amidst the challenging years of the pandemic. As he takes on new
responsibilities in VW Group, I wish him all the best in his future endeavours.
At the same time, I would like to welcome Nalin Jain back into the Group in a
new role as the Executive Director - Finance and IT of SAVWIPL. Backed by his
experience in the Indian automotive market at both VW-Group and other leading
automotive players, I’m sure he will carve out a robust growth path for the
Group brands along with the Indian Management team with Piyush Arora at the
helm. I am glad to see him back in our team and I wish him the very best.”
Arora, Managing Director, Skoda Auto Volkswagen India Private Limited, said,
“2022 has been
exceptional year for our Group as demand for SAVWIPL cars is on a constant
rise, despite the challenges the industry is facing. It gives me immense
pleasure to welcome Nalin Jain, who is joining the Group at such a dynamic
time. Now that all four INDIA 2.0 project cars have been launched and well
received, it’s time to carefully hone the investment strategies and financial
controlling further. It is a demanding task, but Jain is an established
financial expert with international experience in the automotive industry. I am
sure he will pave the path to achieve our long-term efficiency goal and make
SAVWIPL’s IT future ready. I look forward to working with him to achieve the
Group’s strategic goals in India.”
Nalin Jain this is his second stint at VW Group’s Indian operations. He has
spent five successful years with the Group (from 2010 to 2015), starting as the
Head of Financial Controlling and later as the CFO and Director of Finance.
After completing his Masters from SUNY Buffalo, Nalin began his career with
Indian auto major Mahindra and Mahindra and later moved to Fiat. In 2010 after
completing his MBA from MIT Sloan School of Management he worked for VW Group
in India, and Volvo Auto India and went ahead to become the Managing Director
(Member of Board) of Volvo Cars Malaysia.
recently, he served as the Vice President – Business Transformation &
Analytics at Mahindra and
(Automotive Sector). Overall, Nalin Jain has a work experience of about 27
years and has extensive knowledge and understanding of the Indian automobile
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