Concentric AB has appointed Fernando Palmero as Senior Vice President Hydraulics Division. The appointment of Fernando from 1 August 2022 will be pivotal in executing the Group strategic plan, to deliver profitable growth in the hydraulics division, aligned to electrification strategy, driving productivity improvements through the Concentric Business Excellence program. Fernando holds an Industrial Engineering Degree from Universidad Politécnica in Valencia, Spain and is fluent in English, Spanish and German.