Bosch Limited announced that the Board of Directors has at its meeting held on January 17, 2022, based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, accorded its approval for appointment of Ms. Karin Gilges as the Chief Financial Officer of the company effective from May 01, 2022. Ms. Karin Gilges began her career in Bosch as an Administrator Controlling in Mannesmann Rexroth AG. During these 25 years of association, she has worked in several management positions mainly in Finance and Controlling and other allied Corporate functions.

She is currently serving as Senior Vice President in Bosch Sanayi ve Ticaret A.S., Bursa, Turkey as Commercial Plant Leader with responsibility of the operational business as well as the strategic location development (i.e., product portfolio/competences for electrified power train, product- and side-consolidation) as well as the additional responsibility for the international production network diesel-rails.