SKF India appoints Orstadius as MD
The Board of Directors of SKF India Ltd. has appointed Carl Orstadius as Managing Director of the company effective April 1, 2018 or from the date of receipt of employment visa whichever is later.
Orstadius has done Master of Business Administration from the University of Gothenburg, Sweden. He has been associated with SKF Group since 1987 and has held several leading positions in the Group. In his current role with Automotive & Aero Business Segment of SKF Group at Gothenburg, Sweden, in addition to the Controlling function, he is in charge of Supply Chain, Investments and Integrated Cost Reductions. In the past three years, he has been the driver behind improvement in the operating margin of the global automotive business for SKF. Rakesh Makhija, Chairman of the Board, said “we are delighted to have Carl Orstadius joining as the MD of SKF India. He has nearly three decades of global experience with SKF Group. He has a strong track record of executing business turnarounds and managing very successful Product and Business Development. I am confident that Orstadius will further lead our company’s growth and deliver value to our stakeholders.”