Business, Business, Business

Hadi Zablit Named Renault-Nissan-Mitsubishi Secretary General

Hadi Zablit has been named as the new Secretary General for the Renault-Nissan-Mitsubishi automotive alliance. He will oversee industrial cooperation projects and improve the efficiency and financial performance of the partnership.

Zablit is currently the Business Development Chief for the French-Japanese alliance, which sold 10.6 million vehicles worldwide in 2017. Zablit first joined Renault as an engineer and product manager in 1994, leaving to work for the Boston Consulting Group in 2000 before returning to the company just under three years ago.

The change was spurred by the alliance looking for a new start following the arrest and legal battles of ex-CEO Carlos Ghosn, who was detained last November over allegations of financial impropriety.

Ghosn is now out on bail after more than four months in a Japanese detention centre. He faces charges of deferring part of his salary until after his retirement and concealing this from shareholders, as well as siphoning off millions in Nissan cash for his own purposes.