SKF has announced immediate changes in Group Management to accelerate strategic transformation and drive profitable growth. Manish Bhatnagar, the current President of Industrial Region India and Southeast Asia (ISEA), has been appointed as the new President of Industrial Region Americas, effective immediately.

He will continue to serve as the Managing Director of SKF India Limited until further notice.

President and CEO, Rickard Gustafson, speaking on the appointment said, "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."

SKF offers bearings, seals, lubrication management, condition monitoring, and services, and has around 17,000 distributor locations worldwide.