Siemens has appointed Michael Büker as chief financial officer (CFO) of the company’s Middle East region, effective 1 February, 2018.

In his new role, Büker will be responsible for managing the company’s financial operations across the region, driving profitability and supporting key growth areas.

He will also be tasked with supporting the digital transformation and the potential for co-creation projects with customers and partners.

Büker takes over from Alia Al Rifai, who will assume a new role at the company’s headquarters in Munich.  

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.”

With almost 20 years of experience in finance, Büker started with Siemens in Munich, Germany as a Mergers & Acquisitions Project Manager in 2006.

Prior to working with Siemens, Büker served as Vice President of Mergers & Acquisitions for the HVB Group in Munich, Germany.