Governing Body

Dr. Pawan Munjal is one of India’s renowned corporate leaders, championing growth, socio-economic progress, and technological innovations. He is the Executive Chairman of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters.

With his leadership, Hero MotoCorp achieved the coveted title of World’s No. 1 two-wheeler company in 2001 and has successfully retained this position to date – for 24 consecutive years. The Company has also surpassed the rare milestone of 120 million cumulative production and sales.

Dr. Munjal has consistently demonstrated visionary leadership to guide Hero MotoCorp, to not just consolidate its leadership status, but also expand its global footprint across multiple continents. Hero MotoCorp currently operates in 48 countries across Asia, Af-rica, and Latin America. It has eight world-class manufacturing facilities, of which six are located in India and one each in Colombia and Bangladesh.

One of the crown jewels of Hero MotoCorp’s ecosystem is its world-class Hero Centre for Innovation and Technology (CIT) at Jaipur, Rajasthan – a result of Dr. Munjal’s vision to make Hero MotoCorp a globally benchmarked powerhouse of research, design and development. The Company has also set up the Hero Tech Centre Germany (TCG) near Munich to build a robust R&D ecosystem that is spread across key geographies.

Hero MotoCorp has rapidly transformed into a true multinational organization, with people from over 10 countries working in the company. The Company is also champi-oning Diversity, Equity & Inclusion and Sustainability across its global offices. In keep-ing with the Company’s Vision, “Be the Future of Mobility”, Dr. Munjal has also led Hero MotoCorp to embark on new partnerships with global brands to develop future-ready and technology-driven mobility solutions.

In March 2022, Dr. Munjal unveiled VIDA, Powered by Hero, a new brand for emerging mobility solutions, including Electric Vehicles (EV). VIDA’s EVs are already available in India and will soon be commercially available in Europe and UK.

Dr. Munjal has held executive positions at key Indian industry bodies – Confederation of Indian Industry (CII) and Society of Indian Automobile Manufacturers (SIAM).

Dr. Munjal is not only a visionary when it comes to business, he is also a sports enthusi-ast. Due to his commitment and passion, Hero MotoCorp is one of the largest corporate promoters of multiple sporting disciplines around the globe, including golf, cricket, field hockey, motorsports, and football. Iconic golfer Tiger Woods is the Global Corporate Partner of Hero MotoCorp.

Awards & Recognitions

• AIMA JRD Tata Corporate Leadership Award for the Year 2021-22 – 2022
• Best CEO for 2021 in the auto sector by Institutional Investor – 2021
• Hall of Fame: Asia’s Most Powerful People in Golf for 2021/22 season – 2021
• Hockey India, Fédération Internationale de Hockey President’s Award – 2021
• CNB Visioneer of the Year – 2021
• Business Leader of the Year at The Economic Times Awards for Corporate Excellence – 2021
• Inducted into the Asia-Pacific Golf Hall of Fame (First Indian) – 2019
• Special Achievement Award for Outstanding contribution to Golf in Asia by the Asian Tour – 2019
• Honorary Degree of Doctorate of Science (Honoris Causa) by the esteemed Shri Mata Vaishno Devi University (SMVDU) – 2018
• Honorary Doctorate by National Institute of Technology (NIT), Kurukshetra – 2018
• Lakshya Business Visionary Award by National Institute of Industrial Engineering (NITIE) – 2018
• Lifetime Contribution Award by Indian Golf Industry Association (IGIA) – 2015
• Leader in Auto (Two-wheelers) by NDTV Profit Business Leadership Awards – 2013
• Business Leader of the Year by All India Management Association – 2013
• NDTV Business Innovator of the Year award – 2012
• Man of the Year in the Indian Automotive Industry by NDTV Profit Car & Bike Awards – 2010
• Man of the Year by CNBC TV18 Overdrive Awards – 2009
• Award for Corporate Excellence in Vocation by Rotary International District 3010 – 2009

DR. MUNJAL IS ALSO ON THE BOARD OF THE FOLLOWING COMPANIES AND BODY CORPORATES:
Chairman & Director – Hero FinCorp Limited
Director – Munjal Acme Packaging Systems Private Limited
Director – Pan Mining Private Limited
Director – Bahadur Chand Investments Private Limited
Director – Hero InvestCorp Private Limited
Director – Indian School of Business
Director – Hero Future Energies Global Limited
Director – Rockman Industries Limited