MAM
TVS Motor turbocharges its global team with Peyman Kargar at the helm
MUMBAI: Bengaluru has just thrown another spice into the global business curry with TVS Motor Company’s latest executive shuffle. The appointment of Peyman Kargar as head of international business isn’t just another corporate chess move—it’s akin to placing a turbocharger in an already speeding vehicle. Settling in Dubai, Kargar is expected to race through the global markets with the grit of a seasoned rally driver.
With a swagger that could rival any high-flyer’s, Kargar steps into his new role with over three decades of vrooming across the automotive sectors of Europe, Asia, and the middle east. “Peyman’s prolific global leadership experience and expertise will add significant value to the company,” declared TVS Motor Company director & CEO K.N. Radhakrishnan.
Having previously chaired the luxury skids as Infiniti global chairman & president, and having steered Nissan’s Datsun across 80 countries, Kargar isn’t new to the fast lanes. His stint with Infiniti turned heads not just for sleek designs but for robust sales, catapulting the brand’s volume by 20 per cent and cruising towards a billion-dollar profit mark. Before his grand tour with Nissan and Renault, Kargar had already been mapping the terrains of 50 countries, steering a whopping 4 billion euros in turnover. It’s safe to say, when it comes to the global auto-route, Kargar knows every shortcut and speed bump.
Stationed in Dubai, the crossroad of continents, Kargar’s gearbox is well-equipped with a Mechanical Engineering degree and an MBA focusing on finance, strategy, and leadership. This isn’t just about managing auto parts; it’s about driving a corporate philosophy that shifts gears towards expansive horizons. “We are confident that under his leadership, we will further strengthen our market position and continue to set benchmarks. We wish him the very best and welcome him to the TVSM family,” Radhakrishnan revved up.
For now, Kargar’s hands are firmly on the wheel, and it looks like he’s got the road map to success.
AD Agencies
Prakash Nair reportedly quits Ogilvy after 23 years
One of the agency’s longest-serving leaders has moved on, with his next destination still unknown
MUMBAI: After more than two decades at one address, Prakash Nair has left the building. The president and head of office, north at Ogilvy has moved on from the agency, according to highly placed industry sources. His next move remains unknown. Ogilvy did not respond to requests for comment.
Nair spent over 23 years at the agency, making him one of its longest-serving senior figures. He was elevated to lead the Gurugram office in April 2022, a role that put him at the helm of Ogilvy’s northern operations at a time of considerable churn across the advertising industry.
Before taking charge in the capital, Nair served as associate president at Ogilvy Mumbai, where he worked on some of the agency’s most prized accounts, including Mondelez, Tata Motors, and BP Castrol. Over the years, he built a reputation for driving modern, integrated, and award-winning work, the kind that wins metals at Cannes and keeps clients from straying.
His departure was marked in style. A farewell gathering was held in Delhi, attended by senior figures from across the advertising fraternity, a signal of the regard in which Nair is held in an industry that does not always pause to say goodbye properly.
Where he goes next is the question the industry is now asking. After 23 years at one of the world’s most storied agencies, the answer, when it comes, will be worth watching.
