Mercedes Benz India has elevated Santosh Iyer, its vice president sales and marketing as its next managing director and chief executive as the incumbent, Martin Schwenk moves to Thailand as its MD and CEO after a successful four years in India. He helped the firm fortify its position in the luxury segment and steered it through the tumultuous phase unfolded by the pandemic.
Iyer, 46, is the youngest and the first Indian to lead the operations of the German carmaker in India. Both the appointments will be effective from 1 January 2023, the company said in a statement on