Kenichiro Toyofuku Tended his Resignation as Independent Director from Kubota Escorts
Mr Kenichiro Toyofuku tended his resignation as Independent Director from Kubota Escorts owing to his personal reasons. Read to know more about Mr Kenichiro Toyofuku.
by Damodharan N
Updated Jun 21, 2024
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Kenichiro Toyofuku, holding Director Identification Number 08619076, has officially submitted his resignation as Independent Director of Kubota Escorts. The resignation, effective from the closure of business hours on July 18, 2024, was communicated via email dated June 20, 2024.
Mr. Toyofuku cited his pre-occupation with other professional commitments as the reason for stepping down. In his resignation letter dated June 18, 2024, he clarified that there were no additional factors influencing his decision.
Additionally, Mr. Toyofuku holds a role as a full-time director in Maruti Suzuki India Limited and serves on their Risk Management Committee as a member. He had been appointed as an Independent Director during the 76th Annual General Meeting, with a term extending until 2027 or five years, whichever came earlier.
Read the full release along with his email copy of resignation here.
Kenichiro Toyofuku
Kenichiro Toyofuku has been appointed as an Independent Director at Kubota Escorts, effective from May 13, 2022. His appointment follows the 76th Annual General Meeting where he was nominated by a member and deemed eligible under regulatory criteria.
With a background in Economics from Keio University, Japan, Toyofuku brings extensive experience from roles at METI Japan, the Embassy of Japan in India, JETRO, and more recently at Suzuki Motor Corporation.
His expertise spans carbon neutrality, India-Japan relations, regional development, and industrial policy, making him a valuable addition to Kubota Escorts' board when he was added to board. Now we have to wait for who is going to fill the vacant post in the upcoming board meetings of the Kubota Escorts.
Kubota Escorts Limited
Kubota Escorts Limited began as a small agency house in 1944, and has emerged as one of India's foremost engineering conglomerates, deeply intertwined with the nation's economic evolution. Over seven decades of pioneering efforts, the company has significantly influenced how India lives, works, and travels.
Renowned for its diverse portfolio, Kubota Escorts Limited specializes in manufacturing tractor models such as POWERTRAC, FARMTRAC, and KUBOTA, along with offering agricultural solutions, construction equipment, engine business, spare parts, and a dedicated railway equipment division.
This multifaceted approach underscores Kubota Escorts Limited's commitment to innovation, quality, and sustainable growth in the engineering sector.
Kenichiro Toyofuku Tended his Resignation as Independent Director from Kubota Escorts - FAQs
1. Who is Kenichiro Toyofuku?
Kenichiro Toyofuku is an Independent Director who resigned from Kubota Escorts.
2. Why did Kenichiro Toyofuku resign from Kubota Escorts?
Due to personal reasons and other professional commitments.
3. When did Kenichiro Toyofuku's resignation take effect?
Effective from the closure of business hours on July 18, 2024.
4. Where else does Kenichiro Toyofuku hold a directorship?
He is a full-time director at Maruti Suzuki India Limited.
5. What is Kubota Escorts Limited known for?
Manufacturing tractor models like POWERTRAC, FARMTRAC, and KUBOTA, and providing agricultural solutions, construction equipment, engines, spare parts, and railway equipment.