Oct 22, 2017 Last Updated 12:06 PM, Oct 21, 2017

Toyota Malawi appoints a new Director

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There has been a shift at the helm of Toyota Malawi which has seen former Managing Director Rosemary Mkandawire assume a new role of non Executive chairperson.

The company’s new managing director is Arvinder Reel who has been in charge of Toyota Malawi for over a month now.

Rumour had been rife that there was bound to be a change at the top at the Kamuzu Stadium just months after Toyota Malawi went into a business partnership with CFAO.

CFAO was created in 1887 with the established of "Compagnie Francaise de l'Afrique Occidentale" and started general trade operations in 1888 in various West African countries.

Reel has worked with the Toyota group for over 17 years, having had spells with Toyota Kenya, Toyota Zambia as well as Toyota Tsusha Africa in South Africa.

Toyota is the world's first automobile manufacturer to produce more than 10 million vehicles per year.

Mkandawire is credited for having made the grade of the few women Chief Executive Officers Malawi has produced.

 

Toyota begun operating in Malawi since 1963 and traded as Mobile Motors then.Today, Toyota Malawi is the official distributor of Toyota vehicles and Hino trucks in the country.

Remarkably Toyota Malawi has managed to increase its share of the market from 20% to 50% within five years. It has since then maintained the number one position.

This followed Toyota Japan’s move to buy into CFAO’s parent company. Toyota has factories in most parts of the world, manufacturing or assembling vehicles for local markets in Japan, Australia, India, Sri Lanka, Canada, Indonesia, Poland, South Africa, Turkey, Colombia, the United Kingdom, the United States, France, Brazil, Portugal, and more recently, Argentina, Czech Republic, Mexico, Malaysia, Thailand, Pakistan, Egypt, China, Vietnam, Venezuela, the Philippines, and Russia.

 

Last modified on Tuesday, 14 October 2014 11:09

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