Arnab Banerjee named as MD & CEO of CEAT

CEAT, the renowned tyre manufacturer, has announced Arnab Banerjee as its new Managing Director (MD) and Chief Executive Officer (CEO). Banerjee will replace Anant Goenka, who leaves his post on March 31, 2023. Banerjee's term as MD and CEO begins from April 1, 2023, and will last for two years, as per the company's corporate filing. Currently serving as COO, Banerjee boasts over three decades of executive experience, having held leadership positions in CEAT, Marico, and Berger Paints. Upon his stepping down as MD and CEO, Goenka will become a non-executive non-independent director and Vice Chairman of CEAT.

IMPORTANT POINTS TO REMEMBER

  1. Arnab Banerjee is the new Managing Director and Chief Executive Officer of CEAT.
  2. Anant Goenka has resigned from his position as MD and CEO of CEAT and will take on the role of non-executive non-independent director and Vice Chairman.
  3. Arnab Banerjee will assume his role on April 1, 2023, for a term of two years.
  4. Arnab Banerjee has extensive executive experience from his roles in CEAT, Marico, and Berger Paints.
  5. CEAT is a leading tyre manufacturer in India and exports to over 130 countries.