Siemens Limited Announces Key Leadership Change in Mobility Business

Siemens Limited ( (IN:SIEMENS) ) has provided an announcement.

Siemens Limited has announced a change in its senior management, with Mr. Gunjan Vakharia stepping down as the Head of the Mobility Business to take on a new role overseas within Siemens. He is succeeded by Mr. Rajeev Joisar, who brings over 24 years of experience in the rail transportation sector, having held significant positions at Bombardier Transportation India Pvt. Ltd. and Alstom Transportation India Ltd. This leadership change is expected to strengthen Siemens’ position in the mobility sector, leveraging Mr. Joisar’s extensive expertise in rail projects and industry knowledge.

More about Siemens Limited

Siemens Limited operates in the industrial manufacturing sector, providing a range of products and services including automation, electrification, and digitalization solutions. The company focuses on sectors such as energy, healthcare, and infrastructure, with a significant presence in India through various sales offices across major cities.

YTD Price Performance: -25.60%

Average Trading Volume: 11,387

Current Market Cap: 1753.9B INR

For an in-depth examination of SIEMENS stock, go to TipRanks’ Stock Analysis page.