Chief Operating Officer

Position Title

COO) – Precision Components Division

Role Purpose

The CoO – Precision Components Division is responsible for defining and executing the long-term strategy, driving operational excellence, and delivering sustainable profitable growth across automotive, Med Tech, and industrial valve segments. The role carries full P&L ownership, governance responsibility, and leadership accountability for world‑class manufacturing, quality, technology, and people performance.

Key Responsibilities

1. Strategic Leadership & Vision

- Define and execute the long-term divisional strategy aligned with automotive, Med Tech, and valve industry trends, technology roadmaps, and corporate objectives.
- Translate strategy into clear business plans, investment priorities, and measurable outcomes.
- Anticipate market shifts, regulatory changes, and competitive dynamics to future‑proof the division.

2. Operational Excellence & Manufacturing Performance

- Lead end-to-end operations across precision machining, assembly, and finishing.
- Drive world-class performance in Quality, Cost, Delivery, Safety, and Productivity (QCDSP).
- Implement and scale Lean, Six Sigma, TPM, Industry 4.0, and automation initiatives.
- Ensure capacity planning, OEE improvement, and operational scalability to support growth.

3. Quality, Compliance & Regulatory Governance

- Ensure full compliance with applicable standards and regulations, including IATF 16949, ISO 13485, ISO 9001, FDA, and CE requirements.
- Build a zero-defect, first-time-right culture with robust risk management, APQP, PPAP, validation, and audit systems.
- Act as the ultimate owner of quality and regulatory governance for the division.

4. Customer & Market Leadership

- Build and maintain strong executive-level relationships with OEMs and Tier‑1 customers.
- Drive customer satisfaction, long-term contracts, and preferred-supplier status.
- Promote co-development, value engineering, and early supplier involvement initiatives.

5. Financial Performance & P&L Ownership

- Own full divisional P&L, including revenue growth, margin expansion, and cash flow.
- Drive disciplined cost management, pricing strategy, and capital efficiency.
- Approve and govern Cap Ex, working capital, and ROI-based investment decisions.

6. Technology, Innovation & Engineering Excellence

- Champion advanced manufacturing and precision engineering capabilities.
- Lead innovation in CNC machining, micro-machining, materials science, tooling, and digital manufacturing.
- Strengthen NPI, design-for-manufacturing, and technology differentiation.

7. Supply Chain & Vendor Management

- Build a resilient, cost-effective, and compliant supply chain.
- Oversee supplier qualification, sourcing strategy, localization, and dual-sourcing for risk mitigation.
- Drive supplier development, cost reduction, and quality improvement programs.

8. People Leadership & Talent Development

- Build and lead high-performance leadership and functional teams.
- Develop technical, operational, and managerial talent with strong succession planning.
- Foster a culture of accountability, continuous improvement, safety excellence, and ethical conduct.

9. Business Development & Growth Initiatives

- Identify and execute organic and inorganic growth opportunities.
- Lead new market entry, product portfolio expansion, strategic partnerships, and acquisitions.
- Evaluate M&A opportunities, due diligence, and post-merger integration.

10. Governance, ESG & Stakeholder Management

- Ensure strong corporate governance, ethical standards, and ESG compliance.
- Maintain transparent communication with the Board, shareholders, regulators, and key stakeholders.
- Represent the division in industry forums, audits, and strategic reviews.

Key Performance Indicators (KPIs)

- Revenue growth and EBITDA margin
- ROCE / ROI on capital employed
- Customer satisfaction and retention
- Quality metrics (PPM, audit outcomes, recalls)
- OTIF delivery and productivity (OEE)
- Safety (LTIFR) and ESG metrics
- Talent retention and leadership bench strength

Candidate Profile

Education

- Bachelor’s degree in Engineering (Mechanical / Manufacturing / Industrial preferred).
- MBA or advanced management qualification is highly desirable.

Experience

- 25+ years of experience in precision components, automotive, Med Tech, or industrial manufacturing.
- Proven COO / Business Head / Divisional Head experience with full P&L ownership.
- Strong exposure to regulated manufacturing environments and global customers.

Competencies

- Strategic and commercial acumen
- Deep manufacturing and engineering expertise
- Strong leadership, decision-making, and stakeholder management skills
- Track record of scaling operations and driving profitable growth

Reporting & Interfaces

- Reports to:

Board of Directors / Group COO
- Direct Reports:
Operations, Engineering, Quality, Supply Chain, Finance, HR, Sales & Business Development