Neeraj Kessery is the new Chief Executive Officer (CEO) of the Volkswagen B-BBEE Initiatives Trust.
Share with friends
He who took up this position on 1 August 2022 and takes over from Sipha Ndawonde, who has been at the helm of the Trust since it was established in 2016. Sipha will remain a Trustee with the organisation.
Though it carries the name Volkswagen, the Trust is managed independently by a Board of Trustees, and the aim of the Trust is to increase the number of quality Black-owned suppliers and businesses in the automotive sector value chain, through both financial and non-financial assistance. The Trust has supported seven businesses to date, through various programmes.
Neeraj brings to his new role a total of 24 years’ experience in the automotive sector. After obtaining his BSc degree in Mechanical Engineering, he started his career at a Mercedes-Benz dealership, after which he joined BMW through a graduate programme.
Neeraj Kessery, the new CEO at the Trust.
Following eight years in various departments within BMW, he moved to the Automotive Industry Development Centre (AIDC). In this role, he was hands-on in advancing transformation in the automotive industry, as he was charged with setting up supplier incubator hubs at several original equipment manufacturers (OEMs), including Ford and Nissan.
“I feel I’m in a good position, having worked with various manufacturers, because the bigger mandate of transformation goes beyond Volkswagen or any single OEM,” he says. “As I have been a trustee for two years, I am also not coming in brand new; I have had the opportunity to learn from my peers.”
He looks forward to investing in more businesses and helping them develop into successful players in the value chain. “I’m excited that our work as the Trust has an element of township economy development, but equally excited that I get to interact with formal enterprises. In township businesses you can really see the impact you’re making, but in formalised business you can make a huge impact in terms of job creation,” Neeraj says.
South Africa’s automotive sector arrived at the recent South African Auto Week 2025 in Gqeberha with a renewed sense of optimism, backed by clear signs of recovery, reports Ecofin Agency.
As the dawn of Transport Month shifts South Africa’s focus onto the role of transport in the country’s development, the National Automobile Dealers’ Association (NADA) is urging South African car buyers to leverage the expertise of the Finance and Insurance (F&I) Business Manager at dealerships.
September 30, 2025 will be remembered as a landmark day for both the South African automotive sector and for Foton globally, says the Chinese manufacturer after its first pre-production Completely Knocked Down (CKD) Foton bakkie rolled off the assembly line at its local plant.
South Africa’s automotive sector arrived at the recent South African Auto Week 2025 in Gqeberha with a renewed sense of optimism, backed by clear signs of recovery, reports Ecofin Agency.
September 30, 2025 will be remembered as a landmark day for both the South African automotive sector and for Foton globally, says the Chinese manufacturer after its first pre-production Completely Knocked Down (CKD) Foton bakkie rolled off the assembly line at its local plant.
Chinese automotive giant, Chery, is engaged in talks with multiple car manufacturers in South Africa about sharing production facilities to build its vehicles locally, the company's regional chief has revealed to Reuters.