Nitin SelotŠkoda Auto Volkswagen India (SAVWIPL) on Thursday announced the appointment of Nitin Selot as Executive Director – finance, IT and legal affairs, effective 19 February 2026.
According to the official press release, in his new role, Selot will lead the company’s financial strategy and IT transformation initiatives in India, steering the next phase of growth for the Group, which manages the domestic operations of six brands — Škoda Auto, Volkswagen, Audi, Bentley, Lamborghini and Porsche.
The company operates two manufacturing facilities in Pune and Chhatrapati Sambhajinagar.
Holger Peters, Board Member for Finance, IT and Legal Affairs at Škoda Auto, said that India is the most important market for the parent company outside Europe. He added that Selot’s appointment comes at a crucial time as the Group strengthens financial discipline, governance and operational resilience in the country.
Piyush Arora, managing director and chief executive officer of SAVWIPL, said that the company is entering a new phase of transformation driven by its portfolio of brands and a stronger local-for-local strategy. He noted that a robust financial framework and agile IT systems will be central to sustaining growth and improving productivity.
Prior to joining SAVWIPL, Selot held senior roles at JCB India, Compass Group India, Shell and Mars Wrigley.
He holds an ACMA qualification 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.
