Bajaj Auto revamps organisational structure

New Delhi, July 5: Country's second largest two-wheeler maker Bajaj Auto today said it has revamped the organisational structure of the company.

With this restructuring, the existing business roles and responsibilities at the company has been strengthened and enhanced to ensure greater operational empowerment and effective management, the statement said.

''The objective of this is to transit from relatively narrow functional definitions into more integrated and cross-functional working with clear focus on business results (ahead) as well as focus on our Brand values of speed, Innovation, and Perfection (distinctly),'' company's Managing Director Rajiv Bajaj said, the five pillars of this new structure (strategic units) are R&D, engineering, two-wheeler business unit, and commercial vehicles business unit and international business unit. These pillars will be supported by functions of finance, MIS, HR, business development and commercial.

Pradeep Srivastava, who was VP-Engineering prior to restructuring, will now be President- Engineering. As per the reorganised structure the company will have three CEO's. S Sridhar, currently, VP, Marketing and sale, two-wheelers, will now head the two wheeler business unit as CEO with manufacturing operations at Waluj and Akurdi also reporting to him.

RC Maheshwari has joined Bajaj Auto as CEO, Commercial Vehicles.

Abraham Joseph will continue to lead Research and Development.

UNI