- As the CFO of SAVWIPL, Nitin Selot will be responsible for the financial steering of the Group in India
- He joins SAVWIPL at a crucial phase as the Group continues to redefine processes and strengthens the foundation of its Indian operations
- Nitin Selot brings 35 years of extensive financial leadership experience across diverse sectors
India, 19 February 2026: Škoda Auto Volkswagen India Private Limited (SAVWIPL) has announced the appointment of Nitin Selot as its new Executive Director – Finance, IT and Legal Affairs, effective 19 February 2026. In this role, he will lead the financial strategy and IT transformation of the Group in India, steering its next phase of growth. SAVWIPL manages the India operations of six prestigious brands – Škoda, Volkswagen, Audi, Bentley, Lamborghini, and Porsche – and operates two state-of-the-art manufacturing facilities in Pune and Chhatrapati Sambhajinagar.
Holger Peters, Board Member for Finance, IT and Legal Affairs, Škoda Auto a.s. said, “We welcome Nitin Selot to Škoda Auto Volkswagen India at a pivotal moment where India is the most important market for Škoda Auto a.s. outside Europe. His appointment comes at a crucial time as we continue to strengthen our financial discipline, enhance governance, and build resilience across our operations in India. Nitin’s vast experience across multiple industries and his proven ability to lead complex financial and IT transformations will be invaluable as we align our long‑term strategy with the evolving needs of the Indian market. I am confident that his leadership will reinforce our financial foundation, support innovation, and drive sustainable growth for all our brands in India.”
Piyush Arora, Managing Director and CEO, Škoda Auto Volkswagen India Private Limited, said, “I am pleased to welcome Nitin Selot as Škoda Auto Volkswagen India enters an exciting new chapter of transformation driven by the collective momentum of our six aspiration brands. We continue to redefine our processes, improving productivity, and advancing our local-for-local approach, strengthening the foundation of our India operations. Looking ahead, the robustness of our financial strategy and the agility of our IT systems will be central to sustaining this progress. With his extensive experience across industries and geographies, Nitin Selot is well‑placed to further sharpen our investment approach, driving efficiency, and ensuring that SAVWIPL is future‑ready.”
With 35 years of leadership experience across diverse industries, Nitin Selot brings deep expertise in strategic financial planning, regulatory governance, and end-to-end financial management. Prior to joining SAVWIPL, he held senior leadership positions at JCB India, Compass Group India, Shell and Mars Wrigley. He holds Finance and Accounting degrees – including an A.C.M.A. from the Institute of Cost & Management Accountants of India, an MBA in Finance from the Institute of Management Technology, Ghaziabad, and an ACS from the Institute of Company Secretaries of India.
About Škoda Auto Volkswagen India Private Limited:
- At Škoda Auto Volkswagen India, we are powering ahead into the future of mobility with unparalleled career opportunities, a culture of relentless innovation, and a supportive work-life balance
- Headquartered in Pune, we manage the Indian operations of six prestigious brands – Škoda, Volkswagen, Audi, Bentley, Lamborghini and Porsche.
- Our commitment to excellence has been recognized with numerous accolades including ‘Great Place to Work’, ‘Top Employer’, and HR Asia’s ‘Best Companies to Work for in Asia’ second time in a row
- We operate two cutting-edge manufacturing facilities in India – at Chakan, Pune, and Shendra, Chhatrapati Sambhajinagar (formerly known as Aurangabad)
- Backed by a rich legacy spanning over two decades, SAVWIPL boasts of the widest portfolio of cars, including both BEV and ICE models
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