Mr. Shivakumar

Executive Vice President, Pennar Industries Ltd

Achiever's Success Story

Building credentials on professional values

A transformational leader with a professional career that spans over 33 years with the best-in-class companies like Johnson and Johnson Ltd, Carborundum Universal Ltd-Murugappa Group, Sundaram Industries Ltd-TVS Group and currently with Pennar Industries Ltd.  He has built his credentials not on title but on competence, stature, professional values and leadership.

His leadership style has been contextual to the business goals and works on them by identifying a team, empowering them to perform and make them ambitious to succeed in their positions. He Cites Sumantra Ghoshal’s Quote “Companies that succeed are driven by Internal ambition. Stock price doesn’t drive them. Ambition and values drive them. You have to create tension between reality and aspirations”. Truly, Shiv has been driving the ambitions of his team to perform.

He has successfully transformed a product line of business to a Strategic Business unit at Pennar Industries Ltd which supplies engineered steel products for the global business of Brake, Suspension and Auto electric and Hydraulic segments, backed up with robust manufacturing Systems and driven by best-in-class manufacturing Process. These efforts translated in revenue moving up four times in five active years making it a predictable, scalable and sustainable business.

Ardent learner and likes to keep pace with the changes in life and business. He believes in the values of Learning (Values & Fundamentals), Earning (Credibility) and Giving (Stake Holder Value) and he crafted his career on these values with companies which he worked for in the past. Currently, Shiv aspires to learn more on Digital transformation as this is transforming the business globally and would be the future.

Chennai-India being his home town – (Detroit of India) has influenced him in many ways in being traditional, building values and long-lasting relationship and will further strengthen his mettle to build business and achieve more milestones.

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Bank Name: Kotak Mahindra Bank
Branch: Mayur Vihar-I, Delhi -110091

IFSC CODE :  KKBK0000203
MICR No.: 110485046


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