MAM
Tae-Jin Park named MD and CEO of Kia India
Mumbai: Kia India on Friday announced that its executive director and chief sales and business strategy officer Tae-Jin Park will assume the role of Kia India managing director and chief executive officer, with effect from 4 October. Park will succeed Kookhyun Shim who played a crucial role in introducing the Kia brand in India, it said.
In his new role, Park will be responsible for the company’s growth and market expansion in the country. He will lead the India operations and directly oversee the entire manufacturing, product strategy and development, business planning, and sales. He has been associated with Kia India since January 2020. “It is my honour and absolute privilege to lead India operations and take the Kia story in the country forward, building upon the strong foundation laid by Shim,” Park said.
In his illustrious career spanning over three decades, Park has gained immense knowledge of global business environment and his expertise lies in penetrating new markets. He said India is a strategic market for Kia and has the potential to foster growth for the brand globally. “In our short journey in India so far, we have achieved many milestones and these achievements are a testament to our commitment to bringing a revolution in the auto industry by making a difference across the entire auto ecosystem,” he added.
Prior to his association with Kia India, he served at the headquarters of Kia Corp as head of operations for the Middle East, Africa, and Asia based in Seoul, South Korea. He has also served at Kia Mexico as chief sales officer. He has been associated with Kia Corp since 1987.
“Our ambitious targets will not only challenge us but will also help us establish India as an important sales, production, and research & development hub for Kia,” Park said.
MUMBAI: In India’s fast-moving payments race, Visa has just swiped in a new leader. The company has named Suresh Sethi as its India country head, marking a key leadership shift as it sharpens its focus on digital payments growth in the market. Sethi steps into the role following his recent exit from Protean eGov Technologies, where he served as chief executive officer. He succeeds Sandeep Ghosh, who has moved on after more than four years at Visa to pursue an external opportunity.
The appointment comes at a time when Visa is doubling down on its expansion strategy across India and the wider region, deepening partnerships and accelerating adoption in an increasingly competitive digital payments ecosystem.
Sethi brings with him a broad, cross-market perspective shaped by decades of experience across corporate banking, retail financial services, mobile money and large-scale government technology initiatives. He began his career at Citigroup, where he spent 14 years working across India, Africa, South America and the United States, focusing on transaction banking services within the corporate bank.
His appointment signals a blend of institutional experience and market familiarity qualities that could prove critical as Visa navigates a landscape where fintech innovation, regulatory evolution and consumer adoption are all accelerating at once.
As digital payments in India continue to scale rapidly, the leadership change underscores a simple reality, in a market where every tap, scan and swipe counts, who leads the charge can matter just as much as the technology itself.
