Siemens appoints Michael Büker as MidEast CFO
Former CFO Alia Al Rifai will take on a new role at Siemens headquarters in Munich
Siemens has appointed Michael Büker as the chief financial officer to head up the company's Middle East's region.
Büker will be tasked with managing the company's financial operations, where he will drive profitability and support the digital transformation. Additionally, he will be responsible for the co-creation projects with customers and partners.
In 2006 Büker began with Siemens in Munich, Germany as a Mergers & Acquisitions project manager. He later fulfilled a number of leadership roles in a corporate function and in renewable energy and infrastructure, and most recently as the CFO of Siemens Postal, Parcel & Airport Logistics.
He will take over from Alia Al Rifai, who will take on a new role at Siemens headquarters in Munich.
Büker said: "I have the honour to take over from an excellent leader, Alia, and join a very successful and dynamic team in the Middle East. In my new role, the priority will be to ensure continuity with our internal and external partners and maintain financial health in the region. At the same time, the finance community will focus on supporting critical infrastructure developments, expanding our digital portfolio and increasing the value we bring to our customers."
Dietmar Siersdorfer, CEO of Siemens Middle East and UAE, said: "As Alia takes on a new challenge, I would like to thank her for her outstanding leadership and dedication over the past years and wish her success in her new role. We are delighted to welcome Michael to the Siemens Middle East team. With its flourishing economies, the region continues to present Siemens with exciting opportunities to co-create with our customers. Michael's rich experience in financial leadership positions will be instrumental in supporting the region's digital transformation."