Industrial and automotive parts maker Schaeffler India Limited announced the appointment of Hardevi Vazirani as Director – Finance and Chief Financial Officer of the company, with effect from February 13, 2024.
According to the company’s exchange filing, “this is to inform you that the Board of Directors of the Company at its meeting held on Friday, the 7 th day of July 2023 considered and approved appointment of Ms. Hardevi Vazirani, Additional Director designated as Director-Finance (Whole-Time Director) and Chief Financial Officer of the Company with effect from February 13, 2024.”
“Mr. Satish Patel, Director-Finance & CFO of Schaeffler India Limited, will be superannuating on February 12, 2024,” a statement said.
Hardevi Vazirani has been part of Schaeffler for three decades, during which she held various roles in IT, Finance & Corporate Strategy including invaluable international exposure during her four years stint in Shanghai and three years in Singapore, where she played vital roles in AP region. Prior to Schaeffler, she had amassed three years of experience as an IT service consultant, working with various IT Firms.
That’s indeed a great move