Ankush Arora, who quit Tata Motors as its senior vice-president (passenger vehicle business unit) on May 31, is set to join the Mansour Group of Egypt by the middle of this month.
The Mansour Group has business interests in the automotive, capital markets, consumer and retail, industrial equipment and services sectors. Arora will join the Group as chief executive officer of its private equity arm. He will operate out of Cairo and Dubai. Under Arora, the company could also look at investments in India.
Arora quit Tata Motors after a year-long stint in the company. He was a key member of the company’s Horizonext strategy – a plan to strengthen the company, especially to revive the passenger vehicle business. The Nano Twist and the Aria refresh were two key launches that Arora was responsible for during his tenure at Tata Motors. Prior to joining Tata Motors, Arora had a 17-year stint at General Motors.