SAVWIPL Appointed Nitin Selot As Executive Director (Press Release) | V3Cars

Skoda Auto Volkswagen India Private Limited announced the appointment of Nitin Selot as Executive Director – Finance, IT and Legal Affairs. He will oversee financial strategy and IT transformation for the Group’s India operations. The appointment came at a key phase of operational and strategic expansion.

SAVWIPL Appointed Nitin Selot As Executive Director Finance

Here’s what Skoda Auto Volkswagen India Private Limited have to say about the leadership appointment:

Skoda Auto Volkswagen India Private Limited (SAVWIPL) has announced the appointment of Nitin Selot as Executive Director – Finance, IT and Legal Affairs, effective 19 February 2026. In his new role, he will lead the Group’s financial strategy and IT transformation in India, guiding the company through its next phase of growth. SAVWIPL oversees the India operations of six brands — Skoda, Volkswagen, Audi, Bentley, Lamborghini, and Porsche — and operates manufacturing facilities in Pune and Chhatrapati Sambhajinagar.

Holger Peters, Board Member for Finance, IT and Legal Affairs, Skoda Auto a.s., said:

 

“We welcome Nitin Selot to Skoda Auto Volkswagen India at a pivotal moment where India is the most important market for Skoda Auto a.s. outside Europe. His appointment comes at a crucial time as we continue to strengthen our financial discipline, enhance governance, and build resilience across our operations in India. Nitin’s vast experience across multiple industries and his proven ability to lead complex financial and IT transformations will be invaluable as we align our long-term strategy with the evolving needs of the Indian market. I am confident that his leadership will reinforce our financial foundation, support innovation, and drive sustainable growth for all our brands in India.”

Piyush Arora, Managing Director and CEO, Skoda Auto Volkswagen India Private Limited, said:

 

“I am pleased to welcome Nitin Selot as Skoda Auto Volkswagen India enters an exciting new chapter of transformation driven by the collective momentum of our six aspiration brands. We continue to redefine our processes, improving productivity, and advancing our local-for-local approach, strengthening the foundation of our India operations. Looking ahead, the robustness of our financial strategy and the agility of our IT systems will be central to sustaining this progress. With his extensive experience across industries and geographies, Nitin Selot is well-placed to further sharpen our investment approach, driving efficiency, and ensuring that SAVWIPL is future-ready.”

Nitin Selot brings 35 years of leadership experience across multiple industries, with expertise in strategic financial planning, regulatory governance, and comprehensive financial management. Prior to joining SAVWIPL, he held senior leadership roles at JCB India, Compass Group India, Shell, and Mars Wrigley. He holds finance and accounting qualifications, including an A.C.M.A. from the Institute of Cost & Management Accountants of India, an MBA in Finance from the Institute of Management Technology, Ghaziabad, and an ACS from the Institute of Company Secretaries of India.

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Jackson Kumar

Jackson is drawn to SUVs with presence—big, bold, and impossible to ignore. From the Mahindra Thar to the Range Rover, he admires vehicles that speak strength and power, even if he’d rather avoid the chaos of driving.

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