Daimler India Commercial Vehicles (DICV), a fully-owned subsidiary of Daimler Truck AG, has announced the appointment of Alexander Schoen as its new Chief Financial Officer, effective from March 1, 2024. This strategic move is set to bolster the company's financial strategies and support its ambitious growth plans in the competitive Indian market.
Alexander Schoen steps into his new role with a robust portfolio of experience within Daimler Truck's global network, poised to lead DICV's financial operations and strategic planning. His appointment marks a significant milestone in the company's journey as it continues to expand its footprint and enhance operational efficiencies in India.
Satyakam Arya, Managing Director & CEO of Daimler India Commercial Vehicles, expressed his enthusiasm about Schoen's arrival, noting, 'Alexander's deep-rooted experience in financial leadership and strategic growth within Daimler Truck will be instrumental in steering DICV towards new heights of success. His global perspective and proven expertise are key assets that will drive our financial performance and support our ongoing expansion in the Indian market.'
Having embarked on his career with Daimler in 1999, Schoen has accumulated extensive experience in financial management, strategic planning, and operational efficiency. His journey with Daimler Truck has taken him across the globe, from project controlling in Kassel to financial leadership roles in Tokyo and Gaggenau, culminating in his position as CFO of Daimler Truck Mexico.
On his new appointment, Alexander Schoen shared his enthusiasm, stating, 'I am excited to take on the role of CFO at DICV and contribute to the dynamic and growing Indian commercial vehicle industry. Leveraging my global experience, I am committed to enhancing DICV's financial robustness and supporting the company's vision of sustainable growth and value creation for all stakeholders.'
The leadership change is part of DICV's ongoing strategy to infuse its operations with global best practices and innovative financial strategies, ensuring the company remains at the forefront of India's rapidly evolving commercial vehicle sector. With Schoen at the financial helm, DICV is poised to navigate the complexities of the market and cement its position as a leader in India's commercial vehicle industry.
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