Succession process is now concluded for Siemens AG’s leadership team with new Managing Board set up under leadership of Roland Busch, effective October 1, 2020, to lead next phase of Siemens’ transformation.
Due to the continuing complex macroeconomic
environment influenced by the coronavirus pandemic (COVID-19), demand declined
while growth opportunities increased.
- Business Integrity Society (BIS) is Korea’s only anti-corruption project selected among 140 proposals from 50 countries
- BIS to help engender a fairer, more transparent business environment by fostering the ‘creation of an enabling anti-corruption environment’ through legislation and law revisions; ‘empowerment of corporate compliance system’ for lawful and ethical management; and ‘collective action’ by industry
United Nations Global Compact(UNGC) Network Korea and Korea Sustainability Investing Forum(KoSIF) announced the launch of a new anti-corruption project called “Business Integrity Society(BIS)” under the sponsorship of the Siemens Integrity Initiative and the World Bank.
Despite the coronavirus pandemic (COVID-19) Siemens was able to maintain stable performance near normal levels in the second quarter of fiscal year 2020.