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Nitin Selot Appointed as CFO of Škoda Auto Volkswagen India

Škoda Auto Volkswagen India (SAVWIPL) names Nitin Selot as Executive Director of Finance, IT and Legal Affairs to drive financial strategy and IT transformation.

Chethan Thimmappa by Chethan Thimmappa
February 19, 2026
in Cars, Volkswagen
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Nitin Selot Joins Škoda Auto Volkswagen India as Executive Director of Finance, IT and Legal Affairs

Effective February 19, 2026, Škoda Auto Volkswagen India Private Limited (SAVWIPL) has appointed Nitin Selot as its new Executive Director – Finance, IT and Legal Affairs. In this pivotal role, Selot will serve as the Chief Financial Officer (CFO), overseeing the financial steering of the Group’s operations across the Indian subcontinent.

Nitin Selot, CFO

Driving Financial Strategy and Digital Transformation

Selot joins the leadership team during a transformative era for the Group. His responsibilities extend beyond traditional financial management; he is tasked with leading the IT transformation and sharpening the Group’s investment approach.

This leadership change arrives as India solidifies its position as the most critical market for Škoda Auto a.s. outside of Europe. The appointment is intended to strengthen financial discipline, enhance corporate governance, and ensure the organization remains agile in a rapidly evolving automotive landscape.

A Legacy of Leadership

With a career spanning 35 years, Nitin Selot is a seasoned veteran in financial leadership. He brings a wealth of expertise in strategic planning and regulatory governance derived from high-stakes roles across diverse global industries.

Before stepping into his current role at SAVWIPL, Selot held senior leadership positions at several prominent organizations, including:

  • JCB India
  • Compass Group India
  • Shell
  • Mars Wrigley

Academic and Professional Credentials

Selot possesses a robust educational foundation in finance and corporate governance:

  • A.C.M.A. from the Institute of Cost & Management Accountants of India.
  • MBA in Finance from the Institute of Management Technology (IMT), Ghaziabad.
  • ACS from the Institute of Company Secretaries of India.

Strengthening the Foundation of SAVWIPL

As SAVWIPL manages a prestigious portfolio of six brands—Škoda, Volkswagen, Audi, Bentley, Lamborghini, and Porsche—Selot’s role will be central to the “local-for-local” approach. This strategy aims to improve productivity and advance the Group’s manufacturing capabilities at its state-of-the-art facilities in Pune and Chhatrapati Sambhajinagar.

His leadership is expected to reinforce the financial foundation necessary to support ongoing innovation in both internal combustion engines (ICE) and battery electric vehicles (BEV).


Frequently Asked Questions

What is Nitin Selot’s official title at SAVWIPL? He serves as the Executive Director – Finance, IT and Legal Affairs, acting as the Group’s Chief Financial Officer (CFO).

What are his primary areas of responsibility? Selot is responsible for financial strategy, financial steering, IT transformation, and regulatory governance for the Group’s Indian operations.

Which automotive brands are managed by SAVWIPL? The Group manages six brands in India: Škoda, Volkswagen, Audi, Bentley, Lamborghini, and Porsche.

What is Nitin Selot’s professional background? He has 35 years of experience and has previously worked in leadership roles at companies such as JCB India, Shell, and Mars Wrigley.

Where does SAVWIPL operate its manufacturing plants? The company operates two manufacturing facilities located in Pune and Chhatrapati Sambhajinagar (formerly Aurangabad).

You can add more to this story by commenting below.

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Chethan Thimmappa

Chethan Thimmappa

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