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ZF Friedrichshafen AG Appoints Mr. Suresh KV to
drive the India Growth Story
Appointment of new Country Head to further the growth of
the company in India
Pune/India, ZF Friedrichshafen AG today announced the
appointment of Mr. Suresh KV as the new Country Head of ZF in India and in addition Head of ZF India Pvt. Ltd., the hundred
percent subsidiary of ZF Friedrichshafen AG, effective from June
1st, 2015.
In this role, Mr. Suresh KV will be responsible for the performance
and development of all lines of business for ZF in India, as well as for the operations in ZF India Pvt. Ltd.
Commenting on this new development, Mr. Rudi von Meister,
President for ZF Asia Pacific, said, “As ZF opens this new chapter, the ZF Board and I are confident that Mr. Suresh KV is the right
person to lead the company in the Indian market. Suresh KV has
been working with us since 2007 and was appointed as the
Executive Director of ZF Wind Power Coimbatore Ltd. in 2010. He
has a proven ability to create strategic clarity, drive innovation and growth, ensure disciplined execution, and deliver results. We
believe that under his leadership ZF will continue to deliver
innovations and customer satisfaction that will have a positive
impact on the Indian market. I would also like to take this
opportunity to thank Mr. Piyush Munot for his much appreciated support and commitment to the expansion of the ZF presence
during his long tenure with the Company.”
Suresh KV
As a graduate engineer from REC Calicut (presently NIT Kozhikode) and a PGDMM from SP Jain Institu te of Management
Mumbai, Suresh KV started his career in 1989 with Asian Paints
Limited. His professional experiences include stints with Bajaj
Page2/3, June 22, 2015
Auto, Visteon India and Philips. He joined ZF India in 2007
erstwhile Hansen Drives Ltd. as General Manager (Operations
Centre) and became the Executive Director in November 2010.
ZF in India
ZF has been operating for more than three decades in the Indian
market. Currently, ZF’s presence in India consists of nine plants spread across Pune, Pantnagar, Gurgaon, Chennai, Coimbatore and
Madurai, and roughly 3000 employees.
Photo Caption: Mr. Suresh KV will be responsible for ZF’s business in India.
Press Contact:
Rashmi Parkhi, Manager PR & Communication, ZF India Pvt. Ltd., Phone:+91 7709008584, email: [email protected]
ZF is a global leader in driveline and chassis technology as well as active and
passive safety technology. The company, which acquired TRW Automotive on
May 15, 2015, is now represented at about 230 locations in some 40 countries.
The two companies, which were still independent in 2014, achieved a sales figure
exceeding €30 billion with 134,000 employees. As in previous years, both
companies have invested approximately 5 percent of their sales in Research and
Development (recently €1.6 billion) in order to be successful with innovative
products. ZF is one of the top three automotive suppliers worldwide.
ZF Services ensures that ZF systems expertise is carried forward consistently into
the aftermarket. With integrated solutions and the entire ZF product port folio, the
business unit guarantees the performance and efficiency of vehicles throughout
their lifecycle. Driveline and chassis technology by ZF is offered in the
aftermarket business using the well-established product brands Sachs,
Lemförder, Boge, ZF Lenksysteme, and ZF Parts. With its global service network
and portfolio tailored to customer requirements, ZF Services has also become a
popular partner in the non-automotive sector.
In 2015, the company will celebrate its centennial. Originally named
Zahnradfabrik GmbH, ZF was founded in Friedrichshafen in 1915 by Luftschiffbau
Luftschiffbau Zeppelin GmbH among others. In its early years, the company
Page3/3, June 22, 2015
developed, tested, and manufactured aircraft transmissions. After 1919, the
company's focus shifted to the automotive and commercial vehicle industry under
Alfred Graf von Soden-Fraunhofen, the first general manager and later head of the
company. In this sector, the company registered numerous patents for innovative
transmission technology and established itself once and for all as a major
technology supplier. The first location outside Europe was founded in Brazil in
1958, launching a globalization drive that still continues. In addition, ZF constantly
expanded its range of expertise - also through acquisitions. In 1984, ZF acquired
the majority share in Lemförder Metallwaren & Co. KG, a move which extended
the product portfolio to include chassis technology. In 2001, ZF took over the
former Mannesmann Sachs AG to strengthen its value added chain with driveline
and chassis components. It adopted the current name of ZF Friedrichshafen AG in
1992. Today' s product range includes driveline and chassis technology such as
transmissions, driveline and chassis components, as well as complete axle systems
and modules. ZF products are used in passenger cars, commercial vehicles,
construction and agricultural machinery, rail vehicles, and marine applications.
The company also focuses on the wind power and electronic components business.
In addition, ZF Services represents the Group on the international aftermarket. In
May 2015, ZF completed the acquisition of the U.S. automotive supplier TRW
which had been previously announced in 2014.
The shareholders of ZF Friedrichshafen AG are the Zeppelin Foundation,
administered by the City of Friedrichshafen, holding a share of 93.8 percent, and
the Dr. Jürgen and Irmgard Ulderup Foundation, Lemförde, with 6.2 percent. The
"Motion and Mobility" slogan clearly states the company's core mission: Right from
its foundation, ZF has developed and manufactured innovative products for all
people around the globe who want to move things reliably, comfortably, and safely
and experience the ultimate in efficient mobility. Quality, technological leadership,
and innovative power have always defined the Group's identity – today as much as
ever.
For further press information and photos please visit: www.zf.com
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