VE Commercial Vehicles Executive and Leadership Team

September, 2026

Leadership Overview

VE Commercial Vehicles has 6 executives leading key functions including strategy, operations, human resources, and financial management.

Driven by a commitment to modernizing commercial transportation, VE Commercial Vehicles delivers innovative truck and bus solutions while maintaining a global standard for engine manufacturing and component distribution across diverse international markets.

Leadership Roles at VE Commercial Vehicles

  • Chief Executive Officer - Ajay Mittal
  • Managing Director & Chief Executive Officer - Vinod Aggarwal
  • Chief Financial Officer & Senior VP, Finance - Gilles Boutte
  • Executive Vice President & Chief Financial Officer - Ken Trolle
  • Chief Operating Officer - Srinivas Balantrapu
  • Chief Human Resources Officer & Executive Vice President - Sudeep Dev
  • Ajay Mittal - Chief Executive Officer

    Ajay Mittal, the Chief Executive Officer at VE Commercial Vehicles, directs the overarching strategic vision for the organization. Mittal architects long-term growth initiatives by aligning the joint venture objectives of Volvo Group and Eicher Motors Limited. This leadership role involves overseeing the modernization of commercial transportation fleets to ensure market competitiveness. By focusing on product innovation and service excellence, the Chief Executive Officer drives the expansion of Eicher branded trucks and buses. Ajay Mittal maintains constant communication with the Board to ensure operational efficiency across all manufacturing divisions. Through rigorous analysis of industry trends, Mittal secures the company's position as a leader in the Indian and global automotive sectors. The Chief Executive Officer prioritizes sustainable development and technological advancement to meet evolving customer demands. Ultimately, Mittal fosters a culture of high performance and operational excellence throughout the entire enterprise.

    Vinod Aggarwal - Managing Director & Chief Executive Officer

    Vinod Aggarwal, the Managing Director & Chief Executive Officer at VE Commercial Vehicles, executes the daily operational mandates and corporate governance requirements. Aggarwal manages the complex integration of multi-brand divisions, ensuring seamless collaboration between Volvo and Eicher entities. This leadership role involves optimizing the manufacturing output for both automotive and non-automotive engine segments. By overseeing large-scale distribution networks, the Managing Director & Chief Executive Officer ensures consistent delivery of high-quality transportation solutions. Vinod Aggarwal drives the company's commitment to excellence by monitoring performance metrics and resource allocation. Through strategic oversight of regional operations, Aggarwal strengthens the market presence of the organization. The Managing Director & Chief Executive Officer maintains focus on fiscal responsibility and operational agility to navigate the competitive landscape. Ultimately, Aggarwal secures the long-term viability of the business through disciplined management and continuous improvement of internal processes.
    Vinod Aggarwal

    Gilles Boutte - Chief Financial Officer & Senior VP, Finance

    Gilles Boutte, the Chief Financial Officer & Senior VP, Finance at VE Commercial Vehicles, directs the financial planning, reporting, and capital allocation strategies. Boutte architects fiscal policies that support the joint venture's investment in innovative products and services. This leadership role involves managing the financial health of the engine manufacturing and export divisions. By overseeing rigorous budget controls, the Chief Financial Officer & Senior VP, Finance ensures that resources are allocated to high-growth areas. Gilles Boutte monitors global market fluctuations to protect the company's financial stability. Through the analysis of revenue streams and cost structures, Boutte drives profitability across all business units. The Chief Financial Officer & Senior VP, Finance maintains transparency with stakeholders and ensures compliance with international financial standards. Ultimately, Boutte provides the financial foundation necessary for the company to maintain its leadership position in the commercial transportation sector.

    Ken Trolle - Executive Vice President & Chief Financial Officer

    Ken Trolle, the Executive Vice President & Chief Financial Officer at VE Commercial Vehicles, directs the strategic financial risk management and treasury operations. Trolle architects financial frameworks that facilitate the distribution of Volvo Trucks and Eicher components. This leadership role involves overseeing the financial integration of multi-brand operations to ensure consistent performance. By managing liquidity and investment portfolios, the Executive Vice President & Chief Financial Officer supports the company's long-term expansion goals. Ken Trolle drives the implementation of advanced financial systems to improve reporting accuracy and operational visibility. Through the evaluation of capital expenditure projects, Trolle ensures that investments align with the company's mission of modernizing transportation. The Executive Vice President & Chief Financial Officer collaborates with the Board to optimize the capital structure. Ultimately, Trolle secures the financial resilience of the organization, enabling sustained growth in both domestic and international markets.
    Ken Trolle

    Srinivas Balantrapu - Chief Operating Officer

    Srinivas Balantrapu, the Chief Operating Officer at VE Commercial Vehicles, directs the end-to-end manufacturing and supply chain operations. Balantrapu architects scalable production workflows to support the diverse range of Eicher branded vehicles and Volvo engine exports. This leadership role involves managing the technical infrastructure required for high-volume component manufacturing. By optimizing factory floor efficiency, the Chief Operating Officer ensures that production targets align with market demand. Srinivas Balantrapu oversees the integration of advanced engineering practices to maintain product quality standards. Through the coordination of cross-functional teams, Balantrapu drives operational excellence across all manufacturing facilities. The Chief Operating Officer monitors supply chain logistics to mitigate risks and ensure timely delivery of products. Ultimately, Balantrapu enhances the company's manufacturing capabilities, supporting the broader mission of modernizing commercial transportation through superior engineering and robust operational frameworks.

    Sudeep Dev - Chief Human Resources Officer & Executive Vice President

    Sudeep Dev, the Chief Human Resources Officer & Executive Vice President at VE Commercial Vehicles, directs the talent acquisition and organizational development strategies. Dev architects comprehensive programs to foster a high-performance culture across the multi-division company. This leadership role involves managing workforce planning to support the expansion of manufacturing and distribution operations. By implementing robust training initiatives, the Chief Human Resources Officer & Executive Vice President ensures that the workforce remains aligned with the company's technological goals. Sudeep Dev oversees employee engagement and retention strategies to maintain a competitive edge in the industry. Through the development of leadership pipelines, Dev drives the professional growth of the organization's human capital. The Chief Human Resources Officer & Executive Vice President collaborates with other C-suite leaders to ensure that organizational structure supports strategic objectives. Ultimately, Dev secures the company's future by cultivating a skilled and motivated workforce.

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    Frequently Asked Questions Regarding VE Commercial Vehicles Top Executives and Leadership Team

    Who leads VE Commercial Vehicles?
    VE Commercial Vehicles is led by Ajay Mittal (Chief Executive Officer), along with executives such as Vinod Aggarwal (Managing Director & Chief Executive Officer) and Gilles Boutte (Chief Financial Officer & Senior VP, Finance).
    Who is part of VE Commercial Vehicles’s executive team?
    The executive team of VE Commercial Vehicles includes leaders such as Ajay Mittal (Chief Executive Officer), Vinod Aggarwal (Managing Director & Chief Executive Officer), Gilles Boutte (Chief Financial Officer & Senior VP, Finance) and other senior executives.
    How many executives does VE Commercial Vehicles have?
    VE Commercial Vehicles has 6 executives leading key business areas.
    What roles are included in VE Commercial Vehicles’s leadership team?
    The leadership team of VE Commercial Vehicles includes roles such as Chief Executive Officer, Managing Director & Chief Executive Officer, Chief Financial Officer & Senior VP, Finance, Executive Vice President & Chief Financial Officer, Chief Operating Officer.