Daimler India Commercial Vehicles (DICV) today appointed Manish Thakore as their new Chief Financial Officer (CFO). He was, till recently, the Managing Director of Daimler Financial Services India.
Manish started his career with Daimler in 2000 as a Fleet Analyst in the USA, after which he took over several managerial roles within Truck Credit Management of Daimler’s Financial Services business. He led credit operations from 2011 to 2018 as part of the management team in India’s newly established Daimler Financial Services entity.
Between 2019 and 2020, Manish acted as Vice President of Credit & Key Page 2 Accounts at the Regional Headquarters of Daimler Financial Services AAP based in Singapore.
In his most recent role as Managing Director of Daimler Financial Services India, Manish played an instrumental part in improving the business's profitability by intensely focusing on operational processes such as collections. At the same time, he and his team also initiated a ‘Digital Customer Journey’ with the rollout of several digital initiatives that enhanced efficiency, reduced process turnaround time, and improved customer experience.
Satyakam Arya, Managing Director and CEO of Daimler India Commercial Vehicles, said Thakore’s entrepreneurial mindset, rich financial background and digital transformation experience makes him a perfect fit for the management team. “Our customers, dealers, employees and other stakeholders will all certainly benefit from his strong knowledge of the Indian market environment as well as his vast international experience,” he added.