SKF India Limited has announced the appointment of Mr. Mayank Holani as the new Chief Financial Officer, effective May 14, 2026. Mr. Holani, a seasoned finance professional with over 23 years of experience, succeeds Ms. Aashi Arora. He brings extensive expertise in finance transformation, business turnaround, and digital strategy, having previously held senior leadership roles at Indian Synthetic Rubber Private Limited and Schneider Electric India.
Leadership Transition at SKF India
SKF India has formally appointed Mr. Mayank Holani to the role of Chief Financial Officer. His appointment was approved by the Board of Directors on May 13, 2026, and he will officially assume his responsibilities starting May 14, 2026. He takes over from the outgoing CFO, Ms. Aashi Arora, who stepped down to pursue new opportunities within the organization following the conclusion of her interim assignment.
Executive Profile and Expertise
Mr. Holani brings more than 23 years of professional experience to the company, including 6 years specifically served in the capacity of CFO. He is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and holds a diploma in Information Systems Audit from ICAI, as well as a diploma in IFRS from ACCA UK.
Throughout his career, he has managed diverse financial functions including project management, business transformation, profitability improvement, and M&A. His background spans both Indian and multinational corporate environments, providing him with a robust foundation to lead SKF India’s financial strategy.
Career Background
Prior to joining SKF India, Mr. Holani served as the CFO at Indian Synthetic Rubber Private Limited. Before that, he spent 12 years at Schneider Electric India, where he held various leadership roles, including serving as the CFO for Schneider Electric Infrastructure Limited. His early career also includes tenures at prominent organizations such as Cairn India Limited, Chambal Fertilisers & Chemicals Limited, and JK Tyres & Industries Limited.
Source: BSE
