NE BUSINESS BUREAU
NEW DELHI, APRIL 24
The International Motorcycle Manufacturers Association (IMMA), the voice of the global motorcycle industry, has elected Rakesh Sharma, Executive Director, Bajaj Auto from its member organisation SIAM, the Society of Indian Automobile Manufacturers for a 2-year mandate, as President of IMMA, a SIAM release said.
Sharma had been previously holding office as Vice-President in IMMA, elected in May 2019.
The IMMA Spring Congress, originally planned to be held from April 20 to 24 in New Delhi, was changed into a series of meetings by conference call and correspondence. The election of the new President took place through a General Assembly by correspondence on April 21 due to the COVID-19 crisis.
On being elected, Rakesh Sharma said, “Indeed these are very challenging times and I take up this prestigious appointment fully conscious of the role the motorcycle industry has to play both as a key industry and a responsible member of the society. Whilst we are facing numerous difficulties, we can also see that in due course new but different opportunities will emerge. The role of national, regional, and global associations such as SIAM and IMMA is now more important than ever and we will work hard to ensure we play a strong and responsible role in the recovery.’’
Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business) and is currently the Executive Director. He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd and the Chairman of the Exports Council of SIAM.
In his new role, Sharma succeeds Johannes Loman, Director of PT Astra International Tbk and Executive Vice-President Director, PT Astra Honda Motor (AHM) Indonesia, and President of FAMI – Federation of Asian Motorcycle Industries and President of AISI, the Indonesian Motorcycle Industry Association.
Loman stated, ‘’IMMA aims to advance the sustainable growth of the two-wheeler industry in every region of the world. We are fortunate to have Sharma with his wide international experience in the two and three-wheeler industry, to steer IMMA through the difficult time and be the trusted global voice of the motorcycle manufacturers. I look forward to work with Sharma in my role as FAMI representative in IMMA’s Steering Committee’’.