Schaeffler India appoints Hardevi Vazirani as Director of Finance and Chief Financial Officer

Automotive and industrial supplier Schaeffler India has pointed Hardevi Vazirani as Director of Finance, and Chief Financial Officer, effective February 13, 2024. In this position, Vazirani will succeed Satish Patel, who is retiring from the company on February 12, 2024, after a career spanning three decades.

Vazirani has held various leadership roles in Schaeffler across Asia Pacific and India. She has led several large programmes in the region including the post-merger integration of India entities.

She was based in Singapore, in her most recent role as the Vice President of Strategy, Asia Pacific.  Besides various other strategic projects in that region, she led the implementation of project “Roadmap 2025” for the APAC region.

In her new role, she will report to Harsha Kadam, CEO and Managing Director, Schaeffler India. She is a Certified Accounting Specialist from the Accovalist Institute Germany and has completed several management programmes from INSEAD, Dukes, and IIM Bangalore.

Speaking on the appointment, Sumithasri Eranti, Chairwoman, Board of Directors, Schaeffler India said, “Hardevi is someone who comes with proven credentials to take on this role with the India management. I look forward to working with her in her new role and wish her all the best. I thank Satish for navigating us throughout these years and contributing to the growth of our India entity.”

Harsha Kadam, Managing Director and CEO Schaeffler India, said, “Hardevi is an accomplished leader and has tremendous knowledge of the region as well as India. She brings in a wealth of experience and perspective and we welcome her in the India leadership team. My sincere thanks to Satish for his leadership and counsel throughout the years, leading the company to such heights and notably, to a leadership position in corporate governance.”