Panasonic Reverses Stand on Indianising Top Deck, Offers Key Roles to Expats
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Ratna Bhushan & Writankar Mukherjee New Delhi | Kolkata: Panasonic has rejigged its top deck in India, appointing expats from its Japanese headquarters to key roles in a reversal of a strategy initiated five years ago to bring more operations under Indian leadership. Kazuki Sato has been named executive director at flagship entity Panasonic Life Solutions India in the most recent leadership appointment. He will be based in Gurugram. Other recent appointments include Yoshiyuki Kato as managing director and chief executive officer, and Hirokazu Kamoda, who has been heading the AC division, as deputy managing director. "Panasonic has been restructured as an expat-led organisation now, with the top deck being led primarily by executives from its headquarters," an executive close to the developments said. A Panasonic Life Solutions India spokesperson, in an email response, said Sato will "focus on strengthening the company's support structure across India, laying the groundwork to enable future business expansion." The spokesperson confirmed that Kato is heading the India business and said Kamoda has been assigned additional responsibility of deputy managing director to deepen cross-functional synergy. The Japanese appliances and consumer electronics maker's former India chairman Manish Sharma had stepped down last November after more than a decade-long stint. Another company...
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