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Siemens Moves Kuwait Boss To Qatar To Drive Growth
German engineering giant Siemens has appointed Adrian Wood as CEO of the company's operations in Qatar. Wood assumes his new role after almost four years as CEO of Siemens in Kuwait and takes over from Fatih Sakiz, who will pursue new opportunities.
Siemens said in a statement that during his tenure in Kuwait, Wood was instrumental in driving growth across the company's divisions, leading to a 10 percent increase in the number of employees to around 300 and more than doubling Siemens' business in the country.
In Qatar, Wood will focus on strengthening key growth areas and contributing to local value creation, the statement said. Some of the company's key projects in Qatar include the Qatar Foundation Tram System, which will be the Middle East's most energy-efficient rail system when completed.
"Adrian Wood brings to Qatar a wealth of regional and international experience from his successful career at Siemens. I am confident he will make valuable contributions to our growth story in Qatar," said Dietmar Siersdorfer, CEO of Siemens Middle East and UAE.
Wood added: "After four years in Kuwait, I am delighted to take on this new challenge during an exciting time for Siemens in Qatar. The country continues to present sizeable growth opportunities across different sectors, and we look forward to contributing innovative Siemens technologies that can meet its long-term development goals sustainably and add value to society."
Meanwhile, Herbert Klausner has been appointed as CEO of Siemens in Kuwait, effective October 1. Klausner joins the regional management team from the Power Generation Division in Siemens in Germany.
SOURCE : ARABIANBUSINESS
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