Appointments

Maserati announces expansion plans, appoints Hamdy Elshantoury as MD for Overseas region

Maserati, a leading manufacturer of luxury vehicles, has announced the appointment of Hamdy Elshantoury as the head of the newly created organisation in the Overseas region, covering the US & Canada (North America), Europe, China, Japan and Korea.

In his role as Managing Director, Hamdy will lead Maserati’s business expansion in these five new regions, along with interim responsibilities in the Middle East and Africa. The company stated, “Alongside the new head of the Overseas Region, Hamdy Elshantoury – who also maintains ad interim responsibility for MEA – Wong Yi Mui Wallace has been appointed responsible for SEAP & India markets, and Marco Spadaro has taken responsibility for the East Europe and Latin American markets.”

With over 16 years of experience, Hamdy joined Maserati in 2021 as the General Manager for the MEA region, overseeing business operations, including P&L ownership, Sales, Marketing, and Aftersales operations. In previous roles, he worked with Nissan Motors as the Head of Strategy and Business Planning, INFINITI Motor as the Product Marketing Head of the EMEA region, and Toyota Motors as the Area Sales Manager in Egypt.

In his new role, Hamdy will be based in Italy, collaborating closely with the new Overseas Region leadership team for streamlined central management. This move aims to enhance support to markets and expedite decision-making. Meanwhile, the market management team will remain within the region, maintaining close ties with their respective countries.

Welcoming Hamdy to the leadership team, Davide Grasso, Maserati CEO said, “We are pleased to begin the year with the announcement of a new global region and the appointment of Hamdy Elshantoury as its head. Maserati operates in more than 70 markets around the world, and the creation of a fifth region confirms the intention to give our business an even more precise and specific configuration at a global level, to better cover and respond to individual market requirements, and to give each area the attention it requires to improve its development and efficiency.”

Sharing the news on LinkedIn, Hamdy posted, “Thrilled and honoured to embark on this new journey – building and leading the newly created Overseas region for Maserati! The Overseas region is a testimony of Maserati’s commitment to serving every market globally with the optimum attention it requires, to accelerate development and improve efficiency. With central functions based at Maserati HQ in Modena, and regional teams based in three geographies; South East Asia Pacific and India, Middle East and Africa, East Europe and Latin America. Maserati will better cover and respond to individual market requirements while strengthening the bonds to the Maserati HQ and the brand. I look forward to working with the Overseas teams and partners to take the Trident to new heights and delight the most demanding tastes for the finest of Italian luxury!”

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