In a move aimed at expediting strategic transformation and fostering profitable growth, SKF announces immediate changes in Group Management. Accordingly, Manish Bhatnagar, the current President of Industrial Region India and Southeast Asia (ISEA), takes on the role of President, Industrial Region Americas, effective immediately. While assuming his new position, Bhatnagar will also continue in his current capacity as the Managing Director of SKF India Limited until further notice.
President and CEO, Rickard Gustafson, commented on the changes, stating, 'In times of transformation, adding new perspectives is sometimes necessary. With new leadership, we aim to find new opportunities and to become even more competitive and increase speed in our journey. I take the opportunity to welcome Manish to his new role.'
The strategic realignment in Group Management reflects SKF's commitment to adaptability and competitiveness during a period of transformation. The focus remains on exploring fresh perspectives and opportunities, aiming for a more competitive position and accelerated progress in the company's journey.
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