CEO of Schaeffler India becomes Regional CEO Asia Pacific of Schaeffler Group; also joins the Executive Board of Schaeffler Group as of October 1, 2019; successor for Schaeffler India to be announced in due course
06 Mar 2019 | 11558 Views | By Autocar Pro News Desk
Dharmesh Arora, chief executive officer of Schaeffler India, the only listed subsidiary within the Schaeffler Group, will take over his new role as Regional CEO Asia Pacific for the Schaeffler Group starting October 1, 2019. His successor will be announced in due course.
Managed out of Singapore, the Asia ...
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Dharmesh Arora, chief executive officer of Schaeffler India, the only listed subsidiary within the Schaeffler Group, will take over his new role as Regional CEO Asia Pacific for the Schaeffler Group starting October 1, 2019. His successor will be announced in due course.
Managed out of Singapore, the Asia Pacific region is responsible for the business in Japan, Korea and South East Asia, where the Schaeffler Group is just building two new plants in Thailand and Vietnam.
As the Regional CEO, Arora also becomes a member of the Executive Board of the Schaeffler Group. Klaus Rosenfeld, CEO of Schaeffler AG, said: “It is a great privilege to have Mr Arora on our Executive Board. He has done an outstanding job in the last six years in India, comes with broad international experience, also in the region Asia Pacific, and great leadership skills. He will be a strong addition to the Schaeffler team at the top.”
Commenting on the development, the chairman of Schaeffler India, Avinash Gandhi said: "Mr Dharmesh Arora has achieved a lot in the last six years, first as the head of the Schaeffler Group in India and then for past two years as the managing director of Schaeffler India. Under his leadership, the group has merged all its three entities in India and established itself onto a rapid growth path. With clearly defined strategies and a strong execution plan, the company is firmly set on achieving its objectives. Mr Arora is a leadership role model who has groomed and provided the group several leaders. We wish Mr Arora continued success as he embarks on contributing to the group in a larger role."
Also read: Schaeffler India to invest Rs 460 crore in 2019 to expand capacity, introduce new tech