Mr Ajay Seth

Mr. Ajay Seth was the Chief Financial Officer for past sixteen years at Maruti Suzuki India Limited. He is now leading as Member Executive Board in Maruti Suzuki India Limited. In this role, he provides leadership, strategy and direction to Maruti Suzuki's multi-functional Sales, Marketing, Support and Field Services functions, driving continuous improvement and significantly contributing to the achievement of revenue and profitability objectives. Chartered Accountant (CA) by profession, he has worked for automotive companies for over 40 years. In addition to his experience at Maruti Suzuki India Limited, Ajay has also worked at Eicher Motors, JCB India Limited, and Escorts Limited.

His key areas of expertise include finance, strategy, risk management, automation, planning, taxation, treasury, internal audits, corporate governance, handing audit committees and board meetings, investor relations, acquisition strategy and value engineering & project management.

During his leadership, the company experienced significant growth, increasing its turnover from 12,000 crores to 1,40,000 crores, making it one of the most profitable Indian companies of all time. Maruti's market cap has grown from $5 billion to $32 billion under his leadership as it generates a profit of INR 17,000 crores annually and generates tremendous wealth for its shareholders.