Vivek Anand Appointed as CFO of Hero MotoCorp Limited

The Board of Directors of Hero MotoCorp Limited, the world’s largest manufacturer of motorcycles and scooters, has approved the appointment of Vivek Anand as the Chief Financial Officer (CFO) with effect from March 1, 2024. In another key move, Rachna Kumar has been appointed as the Chief Human Resources Officer (CHRO) with effect from January 2, 2024. Anand and Kumar will both report to Niranjan Gupta, CEO, Hero MotoCorp. Mike Clarke, currently COO and CHRO at Hero MotoCorp, has expressed his desire to pursue opportunities outside of the company. He will continue until the end of October 2024.

Vivek Anand, a Chartered Accountant with almost three decades of diverse industry experience across FMCG, Telecom, Consumer Healthcare and Real Estate, held the position of CFO at DLF Limited for the past four years. Having vast global experience with strong acumen in Finance, Treasury, M&A, Corporate Planning, Investor Relations, Tax Planning, Risk Management and Information Technology, he has earlier worked with Telenor, GSK and FMCG major Unilever in India, Singapore and Bangladesh.

Rachna Kumar, a seasoned HR leader across diverse industries, including Consumer Goods, Food and Beverages, Oil and Gas and Retail, joins Hero MotoCorp from Whirlpool Asia, where she held the position of CHRO. Her extensive background includes roles at Tata Trent, Hindustan Coca-Cola Beverages Pvt. Ltd., Castrol Lubricants, and Philips. In addition to the core HR roles, her experience has spanned specific themes such as building agile and optimal organisational structures, driving talent strategy, performance management, learning and development, and enabling progressive industrial and employee relations.