Dua will continue in his current role till June 24, Hero MotoCorp Ltd said in a statement.
Confirming the development, Dua said: "I have accepted an exciting opportunity outside of the country to begin a new chapter in my professional career."
"Anil's contribution towards the growth of the company is highly appreciated. He played an important role in doubling of sales volumes and increasing market share during the past eight years," Hero MotoCorp Ltd Managing Director & CEO Pawan Munjal said.