Hero MotoCorp appoints Vivek Anand as CFO, Rachna Kumar as CHRO
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters has strengthened its leadership team with the appointment of Vivek Anand as the new Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO). They will report to Niranjan Gupta, CEO, Hero MotoCorp.
Anand is a Chartered Accountant by profession with almost three decades of industry experience across FMCG, telecom, consumer healthcare and real estate. He last held the position of CFO at DLF since the past four years.
Kumar is a seasoned HR leader across diverse industries, including consumer goods, food & beverages, oil & gas and retail. she joins Hero MotoCorp from Whirlpool Asia where she held the position of CHRO.
She has held roles at Tata Trent, Hindustan Coca-Cola Beverages, Castrol Lubricants, and Philips. The company says in addition to the core HR roles, her experience has spanned specific themes such as building agile and optimal organisation structures, driving talent strategy, performance management, learning & development, and enabling progressive industrial and employee relations.She will join Hero MotoCorp on January 2nd, 2024.
Kumar succeeds Mike Clarke, who currently serves as COO & CHRO at Hero MotoCorp, and has expressed his desire to pursue opportunities outside of the company. He will continue to be with Hero MotoCorp until the end of October 2024.
He had joined Hero MotoCorp in November 2020, and is said to have played a pivotal role in leadership transition and development, significantly contributing to the diversity and inclusion agenda, resulting in a doubling of the company’s gender diversity numbers over the past three years.
He has also been instrumental in playing a key role in supply chain initiatives, delivering value through manufacturing operations with continued focus on quality.
Niranjan Gupta said “As integral members of the leadership team, Vivek and Rachna will play pivotal roles in advancing the company’s agenda drawing upon their extensive global experience across diverse sectors. I extend my sincere appreciation to Mike for his substantial contributions over the last four years and wish him the very best in all his future endeavours.”