By Christinia Zander

Wartsila Oyj (WRT1V.HE), a Finnish maker of power sources for the marine and energy markets, has appointed Jaakko Eskola as chief executive, it said Monday.

The announcement came shortly after Sandvik AB (SAND.SK), a Swedish industrial tool maker, said it has appointed Wartsila's current Chief Executive, Bjorn Rosengren, as its new chief executive.

Mr. Eskola, who joined the company in 1998 and is based in Shanghai, China, is President of Wartsila Marine Solutions business. Wartsila has started a process to appoint a successor for Mr Eskola to head the Marine Solutions business.

Write to Christina Zander at christina.zander@wsj.com; Twitter: @WSJNordics

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