SML Isuzu Appoints Yasushi Nishikawa as New Managing Director and CEO, Effective April 17, 2025

Key Highlights:

• Junya Yamanishi resigns as Managing Director and CEO effective April 16 2025
• Yasushi Nishikawa appointed as the new Managing Director and CEO from April 17 2025 for a five-year term
• Nishikawa has over 38 years of experience with Sumitomo Corporation in Japan Mexico and other regions
• Anuj Kumar Sethi was reappointed as Associate Vice President for a one-year term starting April 1 2025
• Leadership changes comply with SEBI LODR Regulations 2015 and details are available on the company website

SML Isuzu Limited has announced leadership changes after Junya Yamanishi resigned as Managing Director and CEO. The Board of Directors approved this decision in a meeting on March 21, 2025. Yamanishi will step down on April 16, 2025, due to a change in his role at Sumitomo Corporation, Japan. The Board has appointed Yasushi Nishikawa as the new Managing Director and CEO. His five-year term will begin on April 17, 2025, pending regulatory approvals.

Nishikawa has over 38 years of global experience with Sumitomo Corporation. He has held leadership roles in Japan, Mexico, and other regions. He previously worked as an executive at Mazda Motor Manufacturing de Mexico and Sumitomo Corporation de Mexico.

The Board has also reappointed Anuj Kumar Sethi as Associate Vice President (AVP) of the corporate Planning, IT, and Special Application Cell. His one-year term will start on April 1, 2025. Sethi has been with SML Isuzu since 1988 and will continue handling corporate planning, digital projects, and specialized vehicle applications.

The company has stated that the leadership changes follow regulatory guidelines and comply with SEBI (LODR) Regulations, 2015. More details are available on the company’s official website.

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About SML ISUZU LIMITED

SML ISUZU LIMITED was founded in July 1983 as Swaraj Vehicles Limited to manufacture Light Commercial Vehicles (LCVs) in Punjab. It was part of the Government of India’s effort to set up an LCV unit to reduce fuel consumption. Punjab State Industrial Development Corporation (PSIDC) secured the letter of intent in 1981 and later transferred it to the company in 1983.

The project aimed to introduce advanced product and production technology while fostering a strong organizational culture. This philosophy has guided both infrastructure development and workforce management, helping the company adapt to competitive markets. SML ISUZU LIMITED offers a range of special application vehicles, including Police Van, Service Van, Ambulance, Garbage Collector, Ecomax AC, Prison Van, Dual Cabin, Water Tanker, Close Container, Dog Van, Vajra Van, and Tipper.