The JCB Group on Saturday announced the appointment of Deepak Shetty as Deputy CEO and Managing Director of JCB India Limited.
Beginning next year, Shetty will take over as MD and CEO from Subir Kumar Chowdhury who has announced his retirement after having been with JCB India for close to 15 years, the company said in its release.
Deepak Shetty has been with JCB for over 10 years in various leadership roles. He makes this transition after having been the Executive Vice President-Sales, Marketing, Product Support and Business Development for India and the South Asia region.
Prior to this, he was the Managing Director of JCB’s Global Excavator business in the UK for four years.
Commenting on the appointment, JCB Group CEO Graeme Macdonald said: “As part of our succession planning, we are pleased to appoint Deepak in this very challenging role. His experience in various leadership positions in India and the UK will help JCB India enter a strong and sustained phase of growth in the Indian construction equipment market. On behalf of the JCB Group, I wish Subir well for his retirement at the end of this year.”