The Lal family, promoters of Eicher Motors Ltd, which manufactures trucks, buses, and the iconic Royal Enfield motorcycles, has appointed the head of the family office of Hero MotoCorp Ltd’s chairman to lead its own family office operations. The appointment is a significant development for the family, as it continues to expand its influence in the Indian automotive sector.
The family office is responsible for managing the family’s wealth, investments, and philanthropic activities. With the appointment of the new head, the Lal family is expected to gain expertise and guidance in navigating the complexities of family wealth management.
However, the details of the appointment remain unclear, and the article is available only to subscribers.