Mr Rakesh Sarin (59), B.Sc. (Eng.), has been appointed President of Power Plants, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective 1 September 2014. In this position, he is responsible for Wärtsilä's Power Plants business globally, and will report to President & CEO Mr Björn Rosengren. Mr Sarin joined Wärtsilä in 1998 with a background in downstream oil & gas sector. During the past 16 years he has held several managerial positions in Wärtsilä, including Vice President for sales & marketing of Power Plants globally based out of Helsinki. Since 2008 Mr Sarin has held a dual role as Vice President for Power Plants sales in Middle East, Asia and Australia, and Managing Director for Wärtsilä India. Mr Vesa Riihimäki (48), M.Sc.