Kia Motors has announced the appointment of Kookhyun Shim as Managing Director (MD) and Chief Executive Officer (CEO) with immediate effect to oversee the Indian operations. Shim will be responsible for driving the company's expansion in India. He will play a leading role in ensuring Kia Motor India’s projected timeline and schedule of operations is achieved, while also overseeing the construction of Kia Motor’s first manufacturing facility in India, to help strengthen the company’s position in the fifth largest global automotive market.
“We are delighted to announce the appointment of Kookhyun Shim as MD & CEO for India,” commented Han-Woo Park, President at Kia Motors Corporation. “We recognize India as a major market with huge potential for our world-class cars. We are confident that Shim’s leadership will provide the direction we need to grow our presence in what is one of the world’s biggest new car markets.” Kia’s future development in the Indian market will be supported by a US$ 1.1 billion investment. Shim, 58, brings over 30 years’ experience in the automotive industry to his new role, having most recently served as Head of Kia Motors Manufacturing Georgia Plant Coordination Group. Prior to this, he was responsible for the head coordinator of Kia production in Slovakia.
“Kia has big plans for India,” commented Kookhyun Shim, new MD & CEO of KMI. “The Indian economy is at an inflection point, and I am excited to work in an emerging market that’s forecasted to become the third largest globally by 2021. India is a crucial market for all global automotive brands, and I aim to replicate the success that Kia has seen in many other major markets. Kia’s brand slogan, ‘The Power to Surprise’, will be present in everything we do here.” The South-Korean automaker would showcase its range of products for the Indian market at the 2018 Auto Expo in February, which includes Picanto hatchback, Cerato sedan and Sportage SUV. Kia Stonic might be launched at a later stage.