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Live+1 todayUpdated 1h ago

VECV Appoints B Srinivas as CEO, Vinod Aggarwal as Chairman

VE Commercial Vehicles Ltd. (VECV) announced the appointment of B Srinivas as Managing Director & CEO, effective April 1, 2026, while Vinod Aggarwal becomes Chairman.

B Srinivas tenure at Eicher

31 years

Vinod Aggarwal as MD & CEO

16 years

Sofia Frändberg's term as Chairperson

3 years

What Happened

VE Commercial Vehicles Ltd. (VECV) today announced the appointment of B Srinivas as Managing Director & CEO, effective 1st April 2026. Srinivas, who has spent over three decades at Eicher, most recently served as Chief Operating Officer of VECV since 2024. Consequent to this change, Vinod Aggarwal, Vice Chairman of Eicher Motors Ltd., has been appointed Chairman of the Board at VECV, also effective 1st April 2026, replacing Sofia Frändberg who completes her three-year term.

I am delighted with the appointment of B Srinivas as the new Managing Director and CEO of VECV. It strengthens our well calibrated, long-term strategy and continuity at VECV. I have personally worked with Srinivas for over twenty-five years and seen his hands-on and inclusive leadership style.
Siddhartha Lal, Chairman, Eicher Motors Ltd.
My heartiest congratulations to Srinivas as he steps into the role of Managing Director & CEO of VECV. With over three decades of experience, he brings along a deep understanding of our legacy, versatile experience of the business and a strategic vision to scale new heights.
Vinod Aggarwal, incoming Chairman, VECV
My journey with Eicher has been truly remarkable. Having spent thirty-one years here in various capacities both in commercial and technical roles including the last two years as the Chief Operating Officer of VECV, I am looking forward to embarking on this next phase.
B Srinivas, incoming Managing Director & CEO, VECV

Why this matters

The leadership transition ensures continuity at VECV, the joint venture between Volvo Group and Eicher Motors, as it enters its next growth phase with an insider who has over three decades at the company.

Terms in This Story

VECV
VE Commercial Vehicles Ltd., a joint venture between Volvo Group and Eicher Motors.
COO
Chief Operating Officer, a senior executive responsible for day-to-day operations.
Read Original: VE Commercial Vehicles (VECV)

Summarised from the linked release; details can be imperfect — always verify against the original source.