Mr Schwenk has took over as CFO at Beijing Mercedes-Benz Sales Service Co. Ltd. (BMBS) in September 2015, and will take charge in India wef 1st November, 2018.
Martin Schwenk has an Engineering degree from University of Stuttgart. His career at Daimler started in in 1992, through the Mercedes-Benz Trainee Program. Over the years, he has led in positions in Finance and Controlling in various markets, including Germany, South Africa, Austria and United States.
Roland Folger will take over as Managing Director, Sales and Marketing, MBC Hub SEA1 (Thailand and Vietnam), and CEO of Mercedes-Benz Thailand.
Since his tenure in India began (Oct ’15), Roland Folger has been pivotal in Mercedes’ leadership journey here with sustainable sales and network growth. During the time, Mercedes-Benz India has reported its highest market share in the luxury segment. In 2017, Mercedes-Benz India sales crossed the 15k threshold.
Roland Folger, Managing Director & CEO, Mercedes-Benz India commented, “My India stint will remain memorable with rich experiences and fond memories. The warmth of our customers and people, the diversity of the country’s culture, and the unique business opportunities and challenges that this market presents, is enormous and truly enriching. I am very satisfied about Mercedes-Benz India’s strong leadership position in the market and our relentless efforts in creating new benchmark in customer delight. Mercedes-Benz India is deeply committed to the Indian market and together we have created a valuable organization, which retains the coveted ‘Most Attractive Employer’ accomplishment. I am thoroughly convinced that the Star will achieve new heights with the new leadership of Martin Schwenk.”
Martin Schwenk, currently the Chief Financial Officer of Beijing Mercedes-Benz Sales Service Co. Ltd. in China stated, “Having worked across in different countries and functions, I am extremely excited for my forthcoming responsibility to head the dynamic India market. India’s rich cultural diversity, the young population, the diverse customs, different languages and topography together with its importance as a future economic power house; makes it a compelling market to grow the business. It is a privileged opportunity for me to head the business of the most iconic and successful luxury motoring brand, in one of the most vibrant markets in the region. With my experience across various business divisions, I am looking forward to pursue the ‘Indian story’ further and make the foundation of Mercedes-Benz even stronger in India.We have a fantastic winning team comprising our people and investors with proven records, and I am eager to be part of this winning team.”
