Toyota names Lexus chief Koji Sato CEO as Akio Toyoda takes chairman role

Daily Current Affairs / Toyota names Lexus chief Koji Sato CEO as Akio Toyoda takes chairman role

Change Language English Hindi

Category : Appointment/Resignation Published on: January 30 2023

Share on facebook

Toyota’s longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world’s largest automaker to Lexus chief Koji Sato.
Toyoda would be appointed chairman of the board as Sato takes over daily management.
Takeshi Uchiyamada, Toyota’s current chairman, will resign from his post but remain on the board, the company said.
The changes are set to take effect on April 1.
Sato began his career at Toyota in 1992, holding an executive role at Toyota before becoming chief engineer of Lexus International, a luxury auto brand of Toyota, in 2016 and becoming its chief branding officer in January 2021.

Since December 2024, Assam Rifles has mapped 42,000 Myanmar nationals entering India temporarily under the Free Movement Regime.
Read More....
Wipro will acquire Samsung’s HARMAN DTS unit for $375 million, bringing over 5,600 employees under its fold by December 2025.
Read More....
Kerala has been declared India’s first fully digitally literate state after the success of the Digi Kerala project.
Read More....
India’s GDP growth for FY26 is projected at 6.3%, slightly lower than RBI’s 6.5% estimate, as per SBI report.
Read More....
Gujarat will host seven international sporting events in Ahmedabad over the next five years, including the Commonwealth Weightlifting Championship 2025.
Read More....
Ravi Narayanan has been appointed as the new CEO of SMFG India Credit, effective August 28, 2025.
Read More....
Manika Vishwakarma from Rajasthan has won Miss Universe India 2025 and will represent India at Miss Universe in Thailand.
Read More....
PNB signed an MoU with CRPF to provide enhanced insurance and welfare benefits under the ‘Rakshak Plus’ scheme.
Read More....
August 22 is observed as International Day for Victims of Religious Violence, as designated by the UN General Assembly.
Read More....
Ethel Caterham, the world’s oldest living person, celebrated her 116th birthday on August 21.
Read More....

Toyota names Lexus chief Koji Sato CEO as Akio Toyoda takes chairman role