Federation of Automobile Dealers Association (FADA) recently announced the appointment of K V S Prakash Rao as its new president for the period 2014-15. The decision was announced during 271st Council Meeting held immediately after the 50th AGM on 22nd September 2014.
K V S Prakash Rao, 44, who is the MD of Garapati Autoventures Pvt Ltd and Managing Partner of Garapati Garage, located at Vijayawada has previously held various position at FADA. He has served as Hony Secretary in 2010-11 and 2011-12 and as the Vice President of FADA during the years 2012-13 and 2013-14.
FADA also announced other changes in the management with John K Paul, Mr Vinay Sanghi and Mr Mukesh Jain were elected as Vice President, Hony Secretary and Hony Treasurer, respectively, for the year 2014-15.
Paul has been one of the most well-known faces in the dealer circle and has served as Hony Secretary in 2012-13 and 2013-14 at FADA. MD of Popular Vehicles and Services Ltd, Popular Mega Motors (India) Ltd and Director of Popular Kuttukaran Cars Private Ltd, Paul is also the President of Kerala Automobile Dealers Association.
Vinay Sanghi, Hony Secretary, FADA, is the Promoter & CEO, MXC Solutions Pvt. Ltd has been the driving force behind CarTrade.com since its inception in 2009. Sanghi was associated with the Mahindra First Choice Wheels Ltd as CEO for 8 years which saw Mahindra First Choice become India’s largest used-car company.
The returning Hony Treasurer, Mukesh Jain, has been actively involved in the activities of FADA for over two decades and holds the position of Hony Treasurer of FADA for the last four years. He is also the Hony Treasurer of the Automobile Traders Association Delhi (ATAD).