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New CEO for Siemens UAE.



Siemens has appointed Kay Zwingenberger as its new Chief Executive Officer for the UAE.

Zwingenberger will be responsible for

Siemen's growth strategy in the region, and for developing local research

initiatives, and driving technology and knowledge transfer with local groups.

"The UAE is a thriving, rapidly-developing

nation and Siemens is committed to strengthening further its engagement in

realizing the country's ongoing economic diversification Diversification

A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance.

Notes:
Diversification is possibly the greatest way to reduce the risk.
, creating job

opportunities for young Emiratis, and supporting the transfer of know-how and

technology," Zwingenberger said.

Zwingenberger was previously CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  for Central Asia for Siemens, and has worked for the company

since 1992.

Erich Kaeser, CEO of Siemens Middle East,

said: "Kay Zwingenberger brings with him two decades of experience of working

with Siemens and has a proven track record of growing the company's business.

We look forward to continuing the 40-year success story of Siemens in the UAE

as a trusted long-term partner and employer, and a responsible corporate

citizen."

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Publication:ITP.net
Date:Jul 12, 2012
Words:170
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