Panasonic India announces new leadership roles

In a recent announcement, Panasonic Corporation, an electronics company announced the appointments and changes in its senior management team, including two strategic management promotions from India. Daizo Ito, who is currently the chairman, Panasonic India, and regional head for the India, South Asia, Middle East and Africa (ISAMEA) for Panasonic Corporation, has been appointed as the senior vice president, Eco Solutions Company (in charge of global marketing).

Manish Sharma, president and chief executive officer, Panasonic India and South Asia, and executive officer, Panasonic Corporation, has been entrusted with the role of vice president - appliances company of Panasonic Corporation. The elevations, effective immediately, are part of the company's global organisational shift in preparation for new business initiatives and future growth.

With the new key position in the global appliances business, Sharma will take charge of shaping the global business plans and driving profitable growth along with sustainable business development for the appliances division. Ito has been working with the leaders of each market to drive the strategic growth of Panasonic across the ISAMEA region.

Ito, says in a press release, "India has been playing a vital role in Panasonic's development globally over the past few years and is rapidly emerging as one of the strongest markets. We aim to make India a focal point of Panasonic's expansion plans and make it a manufacturing hub, with investments on products, talent, marketing and manufacturing. We aim to strategically leverage our expertise and resources in India for the benefit of other emerging markets. I thank the Board for giving me this opportunity and reposing faith in me. I look forward to continue working closely with all colleagues and steer the organization through its next phase of evolution."

Commenting on the new role, Sharma, says in a press release, "I am honoured to be part of the global management team and work with the pioneers in the industry. It is a big opportunity for me to play a significant role in Panasonic's business strategies and align the global strategies with Indian operations. This re-affirms the focus on India as a growth hub for the corporation. I am looking forward to working closely with the global team to deliver on our strategy for the medium and long term growth of the company."