N Raja to be MD of Toyota Financial Services India

N Raja to be MD of Toyota Financial Services India

11th Dec 2019 3:45 pm

Effective January 2020, this appointment is part of Toyota Kirloskar Motor’s plan to restructure the upper echelons of the organisation.


Toyota Kirloskar Motor (TKM) announced an organisation restructuring that will come into effect from January 1, 2020, as it continues to redesign the company operations under long-term perspectives.

Industry veteran N Raja, who has been with TKM for the past seven years, will now play a larger role and assume the role of managing director, Toyota Financial Services India (subject to board approval), of the company. N Raja is currently the deputy managing director for sales and marketing functions at TKM.

Raju B Ketkale will take on the role of deputy MD, covering manufacturing. Ketkale, who has over two decades of automobile experience, was earlier the senior VP and director at TKM, handling Product Design & Development, and Quality Assurance.

The OEM has also promoted Naveen Soni as the senior VP, Sales & Customer Service. Soni, who has been in the company for close to two decades, was previously VP, External Affairs, Corporate Social Responsibility & Public Relations at TKM.

Alongside, Vikram Gulati, who is the Country Head and VP, External Affairs in India, has now been promoted as senior VP and will be taking charge of External Affairs, Corporate Social Responsibility (CSR) and Public Relations.

Commenting on the announcement, Masakazu Yoshimura, MD, Toyota Kirloskar Motor, said, “In our efforts to achieve sustainable growth and enhance competitiveness, we are excited to announce the key structural changes within the company to strengthen operations and enhance focus on the growth of our workforce and the company. TKM takes pride to note the recognition of unwavering contributions of the Indian executives and huge potential to handle new leadership roles. I am certain that our new team with their passionate leadership and strategic vision will steer the company to greater avenues.”

The company says the changes announced will boost the alignment of resources to achieve greater optimisation and improve efficiency throughout operations.

Also see:

Toyota Vellfire India launch confirmed for early 2020

Toyota Etios, Etios Liva to be discontinued by April 2020

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