Latest News | Former SBI Chief Rajnish Kumar, Choko La Founder Vasudha Dinodia Join Hero MotoCorp Board

Get latest articles and stories on Latest News at LatestLY. Former SBI chairman Rajnish Kumar has joined the board of Hero MotoCorp as an independent director, the two-wheeler major said on Friday.

New Delhi, Nov 26 (PTI) Former SBI chairman Rajnish Kumar has joined the board of Hero MotoCorp as an independent director, the two-wheeler major said on Friday.

It has also appointed marketing strategist and entrepreneur Vasudha Dinodia on the board as an independent director, Hero MotoCorp said in a statement.

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Dinodia, founder of the boutique chocolate startup Choko La, is a third-generation entrepreneur from the Munjal family.

Kumar, a career banker with nearly four decades of service, completed his three-year term as chairman of the State Bank of India (SBI) in October 2020. He is credited with steering the bank successfully through very challenging times and adopting key technology transformations.

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Recently, Hero MotoCorp Ltd, the world's largest manufacturer of motorcycles and scooters, had also appointed Camille Tang, an expert on finance, retail, technology and Artificial Intelligence (AI), on its board as an independent director.

Tang, a US citizen, is an alumnus of the Stanford and Harvard universities and sits on several other global advisory boards.

"With these current appointments, Hero MotoCorp now has 11 Board Members, of which 25 per cent are women, thereby clearly exhibiting the Company's focus on Diversity & Inclusion, which will significantly enhance the Company's performance," the statement said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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