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 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, Avinash Gandhi, Chairman of Schaeffler India, said, ?Arora has achieved a lot in the last six years, first as the head of 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. He is a leadership role model who has groomed and provided the group several leaders. We wish him continued success as he embarks on contributing to the group in a larger role.?