SML Isuzu Limited has announced a leadership transition, with the resignation of Managing Director & CEO Junya Yamanishi and the appointment of Yasushi Nishikawa as his successor. The decision was approved at the company’s board meeting held on March 21, 2025.
Leadership Change Details
Junya Yamanishi’s Resignation: Mr. Yamanishi, who has been serving as Managing Director & CEO, has submitted his resignation effective April 16, 2025. He is stepping down due to a change in his position at Sumitomo Corporation, Japan, which is the promoter of SML Isuzu.
Appointment of Yasushi Nishikawa: The board has approved the appointment of Mr. Nishikawa as an Additional Director and designated him as the new Managing Director & CEO, effective April 17, 2025, for a five-year term. His appointment is subject to shareholder and regulatory approvals.
Who is Yasushi Nishikawa?
Mr. Nishikawa is a seasoned industry leader with 38 years of global experience at Sumitomo Corporation. He has held multiple leadership roles in Japan and Mexico, including his tenure as the Executive Vice President & CFO of Mazda Motor Manufacturing de Mexico. His expertise spans automotive manufacturing, planning, coordination, and business development across international markets.
Other Key Decisions from the Board Meeting:
Re-appointment of Anuj Kumar Sethi: Mr. Sethi, currently AVP – Corporate Planning, IT, and Special Application Cell, who is set to superannuate on March 31, 2025, has been re-appointed for a one-year term starting April 1, 2025.
Board Confirmation on Nishikawa’s Appointment: The company has confirmed that Mr. Nishikawa is not disqualified or debarred from serving as a director under SEBI or any other regulatory authority.
