Škoda Auto Volkswagen India Private Limited has appointed Nitin Selot as Chief Financial Officer and Board Member, bringing with him more than 30 years of experience across FMCG, oil and gas, automobiles, and construction equipment.
In his new capacity, Selot will lead the company’s financial strategy, governance framework, compliance systems, and performance management processes. Working in close coordination with the leadership team, he will focus on driving sustainable growth, reinforcing financial discipline, and enabling strategic investments aimed at long-term value creation.
Before joining Škoda Auto Volkswagen India, Selot served as Chief Financial Officer and Board Member at JCB India Ltd. He has also held CFO and board-level roles at Compass Group India and was Director – Finance and CFO at Wrigley. Earlier in his career, he worked as CFO and Company Secretary at Shell and began his professional journey at Eicher Engineering Solutions.
Over the years, he has built a strong track record in strengthening P&L structures, improving margins, and guiding capital allocation decisions. With deep expertise in corporate finance, treasury, and board-level governance, Selot is expected to play a key role in supporting the organisation’s next phase of transformation.
His appointment underscores Škoda Auto Volkswagen India’s continued emphasis on reinforcing financial leadership as it advances its strategic priorities.
