Article: DOMINIK ASAM TO HEAD GROUP & M'MENT BOARD OF SIEMENS FINANCIAL.

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MUNICH, Germany, Aug 1 /PRNewswire-AsiaNet/ - Effective October 1, 2007, the Corporate Executive Committee of Siemens AG has appointed Dominik Asam, 38, to be the new Group President and Head of the Management Board of Siemens Financial Services GmbH (SFS). He will succeed Herbert Lohneiss, 61, who will serve as a consultant to the company as of October 1. An additional change taking effect on October 1 will be the integration of all treasury and insurance-related activities into the SFS Group with the exception of selected corporate tasks.

Asam has headed Corporate Finance Treasury since 2006 and, in ...

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