Skoda Auto Volkswagen India Names Nitin Selot as Executive Director for Finance

Skoda Auto Volkswagen India Private Limited (SAVWIPL) has appointed Nitin Selot as Executive Director — Finance, IT and Legal Affairs, with effect from February 19, 2026. In the role, Selot will oversee financial planning and governance, IT systems, and legal affairs for the group's Indian operations, which span six brands — Skoda, Volkswagen, Audi, Bentley, Lamborghini, and Porsche — and two manufacturing facilities in Pune and Chhatrapati Sambhajinagar.

Selot brings 35 years of senior leadership experience across multiple industries. Prior to joining SAVWIPL, he held executive positions at JCB India, Compass Group India, Shell, and Mars Wrigley. He holds 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.

Piyush Arora, Managing Director and CEO of SAVWIPL, said the appointment comes as the company continues to refine its operational processes and local manufacturing approach. "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," Arora said.

Holger Peters, Board Member for Finance, IT and Legal Affairs at Skoda Auto a.s., noted that India is currently the most important market for Skoda Auto outside Europe. Peters said Selot's experience in financial and IT transformation would be relevant as the group works to align its long-term strategy with conditions in the Indian market.

The appointment is the latest in a series of leadership moves at SAVWIPL as the group pursues what it describes as a local-for-local approach to its India business.