Škoda Auto Volkswagen India Appoints Nitin Selot
Škoda Auto Volkswagen India Private Limited (SAVWIPL) has officially named Nitin Selot as the new Executive Director for Finance, IT, and Legal Affairs, with his role commencing on February 19, 2026. As the Chief Financial Officer of SAVWIPL, Selot will oversee the financial management of the company in India.
Selot has stepped into a new position where he will be responsible for overseeing the financial strategy and IT transformation of the Group. His arrival comes at a crucial time for SAVWIPL as the company is in the process of redefining its processes and fortifying the base of its India operations.
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Commenting on the appointment, Holger Peters, Board Member for Finance, IT and Legal Affairs, Škoda Auto a.s. says, “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, adds, “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”.
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“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”.
SAVWIPL oversees the India operations of six prominent brands namely Škoda, Volkswagen, Audi, Bentley, Lamborghini, and Porsche. Additionally, the company also manages manufacturing facilities located in Pune and Chhatrapati Sambhajinagar.
With over three decades of leadership experience spanning various sectors, Selot possesses knowledge in strategic financial planning, compliance governance, and comprehensive financial oversight.
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Before becoming part of SAVWIPL, he occupied high-ranking positions at reputable companies such as JCB India, Compass Group India, Shell, and Mars Wrigley. Selot is a certified Cost and Management Accountant from the Institute of Cost & Management Accountants of India, holds an MBA in Finance from the Institute of Management Technology, Ghaziabad, and is also an Associate Company Secretary from the Institute of Company Secretaries of India.