Siemens appoints new CEO and CFO in Iraq

Thomas Schmidt (37) takes on the position of Chief Financial Officer (CFO) for the Iraq business, moving from his role as Head of Commercial Sales, Strategy and Business Development for Siemens Wind Power, responsible for the Asia Pacific region.

“Musab Alkateeb and Thomas Schmidt bring a wealth of international experience to the leadership team in Iraq, and will be a valuable part of our growing business in the country,” said Dietmar Siersdorfer, CEO, Siemens Middle East and UAE.

Nael Ghali will assume the role of Chief Operating Officer (COO) for the company’s Iraq business, also effective January 1st 2017, in addition to his position as CEO of the company’s operations in Bahrain.

Siemens AG  (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.