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New CFO Steering the Wheel: Mercedes-Benz India Welcomes Emrah Özer

Pune – Mercedes-Benz India, the nation’s leading luxury car manufacturer, has announced a pivotal leadership change in its Finance & Controlling function, effective January 1, 2025. Emrah Özer, a seasoned financial strategist with a stellar track record at Mercedes-Benz Otomotiv Turkey, has been appointed as the Chief Financial Officer (CFO) of Mercedes-Benz India. He succeeds Evren Cakabey, who now takes on the role of Executive Director and CFO at Mercedes-Benz G GmbH, Austria.

A Global Financial Visionary

Emrah Özer brings an illustrious career spanning over two decades in finance and controlling, marked by his contributions to Mercedes-Benz across Turkey, Germany, and beyond. Most recently, as a Member of the Board of Management and Head of Finance & Controlling at Mercedes-Benz Otomotiv Turkey, Emrah was instrumental in transforming the company’s financial framework into a profit-generating powerhouse. His strategic insights have shaped investor relations, business modeling, and stakeholder engagement, including governments and financial institutions.

Leadership Insights

Santosh Iyer, Managing Director & CEO of Mercedes-Benz India, shared his enthusiasm for the appointment:
“We are excited to welcome Emrah Özer to the Mercedes-Benz India family. His vast international experience in finance and business strategy is a perfect fit for driving our growth in the competitive Indian market.”

Iyer also lauded Evren Cakabey’s transformative tenure in India, highlighting her pivotal role in steering localization strategies, EV growth, and spearheading Diversity & Inclusion initiatives. Her financial leadership during volatile market conditions has left a lasting legacy.

A Legacy of Financial Excellence

Emrah’s journey with Mercedes-Benz began in 2002 at smart GmbH in Stuttgart. Over the years, he has held numerous influential positions, including Head of Project Controlling for India & NAFTA. Armed with a Master’s Diploma in Economics from the University of Wilhelmshaven, Germany, Emrah has continuously showcased his ability to navigate complex financial landscapes and deliver sustainable growth.

Driving into the Future

With Emrah Özer at the financial helm, Mercedes-Benz India is poised to accelerate its ambitious growth trajectory, fostering innovation and redefining luxury in the Indian market. As the company strengthens its position as the most desirable luxury carmaker, this leadership transition signals a commitment to excellence and adaptability in an evolving automotive landscape.

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