Škoda Auto Volkswagen India Private Limited (SAVWIPL) has announced the appointment of Nitin Selot as Executive Director – Finance, IT and Legal Affairs, effective February 19, 2026. In his new role, Selot will oversee the Group’s financial strategy, legal functions and IT transformation initiatives, supporting the company’s next phase of growth and operational expansion in India.
SAVWIPL manages the Indian operations of six premium automotive brands — Škoda Auto, Volkswagen, Audi, Bentley, Lamborghini and Porsche — strengthening its position across mass-premium, luxury and performance vehicle segments in the country.
The company operates two advanced manufacturing facilities in Pune and Chhatrapati Sambhajinagar, supporting local production, localisation initiatives and export operations for domestic and international markets. Selot’s appointment is expected to further enhance financial governance, digital transformation and operational efficiency as the Group accelerates its long-term growth strategy in India.
Holger Peters, Board Member for Finance, IT and Legal Affairs, Škoda Auto a.s. said, “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, said, “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. 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.”
With 35 years of leadership experience across diverse industries, Nitin Selot brings deep expertise in strategic financial planning, regulatory governance, and end-to-end financial management. Prior to joining SAVWIPL, he held senior leadership positions at JCB India, Compass Group India, Shell and Mars Wrigley. He holds Finance and Accounting degrees – including 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.
