Pankaj Munjal
Quick Facts
Biography
Pankaj Munjal (born 15 December 1962) is an Indian businessman, and Chairman and Managing Director of Hero Cycles Limited, based in Punjab, India, taking over the company from his father in 2015.
Early life and education
Pankaj Munjal is the son of late Om Prakash Munjal, founder of Hero Cycles. He finished his early schooling from Ludhiana, and graduated in Science and training in Automotive Manufacturing at Kettering University (formerly General Motors Institute), Flint in USA. Thereon, he also attended an executive program in Strategic Marketing Management at London Business School & Harvard University.
Career
Pankaj Munjal joined his father's company in 1988, and became Co-Chairman and Managing Director in 2011. Munjal took over the executive responsibilities of Hero Cycles Ltd in 2010 after the Munjal family realigned its businesses. He became Chairman and Managing Director at Hero Motors Limited in July 2015.
In addition to directorships at Hero Cycles, Munjal has been Non-Executive Director at Munjal Showa Limited since May 16, 1985.
Pankaj Munjal took over the executive responsibilities of Hero Cycles Ltd in 2010 after the Munjal family realignment of group businesses. Prior to this, he headed Hero Motors Ltd. which he established in 1988 and was the leader in the automotive moped segment with its brand Hero Puch.
Board memberships and affiliations
He has been Non-Executive Director at Munjal Showa Limited since May 16, 1985. He serves as a Director of Hero Cycles Limited and Hero Motors Limited. He has been the Chairman of the Board at Hero Motors Limited since July 2015.
Munjal serves as a Director of Satyam Auto Components Limited, Hero Global Design Limited, Hero Associates Limited, Hero Financial Services Limited, Sunbeam Auto Limited, Anadi Investment Private Limited, Thakur Devi Investment Private Limited, Bhagyodaya Investment Private Limited, Munjal Investment Private Limited, Munjal Brothers Private Limited, VE care Gym Private Limited, Munjal Kiriu Industries Private Limited and Power Plate India Private Limited. He served as a Director of Hero Honda Motors Limited.