Satyakam Arya succeeds Erich Nesselhauf as DICV MD & CEO

Mr. Satyakam Arya, currently Head of Customer Services at Daimler Trucks Asia (DTA), and Chairman of PABCO Ltd., will take over as Managing Director and CEO of Daimler India Commercial Vehicles (DICV) with effect from November 1.

He will succeed Mr. Erich Nesselhauf who will, as previously announced, return to the Daimler headquarters in Germany to take over global responsibility for Manufacturing Engineering at Daimler Trucks.

Mr. Martin Daum, Member of the Board of Management of Daimler AG, Daimler Trucks & Buses, says: “With Satyakam Arya we are confident that we have found the right leader to continue the growth trajectory and take Daimler India Commercial Vehicles to the next level.”

“He brings a deep understanding of the Indian automotive market combined with a wealth of organizational experience gained at Daimler Trucks Asia.” he added.

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

He established the entire supply chain network for DICV and helped build India into an important part of the Daimler production system.

In 2014, he moved to Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan as the Head of Daimler India Commercial Vehicles, Corporate Communications.

In 2017, he became Head of Customer Services for DTA while simultaneously fulfilling the role of President & CEO of MFTBC’s subsidiary PABCO. In this dual responsibility he has effectively grown DTA’s global parts and service business and significantly improved PABCO’s profitability.