New Delhi, Dec. 9 -- German automaking giant, BMW Group, on Tuesday, 9 December 2025, announced that the board of directors have appointed Milan Nedeljkovic as the Chairman and Chief Executive Officer (CEO) of the company amid the automaker's electric vehicle (EV) bets to take on rivals like Tesla and other Chinese companies.

The automaker also announced that Nedeljković will assume his role, effective from 14 May 2026, succeeding Oliver Zipse, who has been serving in the role since 2019. After the upcoming board meeting in 2026, Oliver Zipse will leave the board after completing the extended period beyond his retirement age, marking 35 years in the company.

"Milan Nedeljković will assume the role of Chairman of the Board of M...