Roland Busch, 56, CEO of Siemens AG, took over the leadership of the Asia-Pacific Committee of German Business (APA) from Siemens Energy AG Supervisory Board Chairman Joe Kaeser on October 13, 2021.
The new APA President Dr. Roland Busch highly appreciates the role of global cooperation in addressing the current challenges facing the development of the world economy. Busch said countries need to unite in finding solutions to climate change, the COVID-19 pandemic and its economic consequences as well as other geopolitical issues. Every country in the Asia-Pacific region offers great opportunities for cooperation for the German economy. As chairman of the APA, Busch hopes to promote and reinforce the economic cooperation between German and regional enterprises.
Former SIEMENS president Joe Kaeser said: "In order to maintain the growth, strength and prosperity of Germany and Europe, German enterprises need to strengthen their economic presence and enhance their role in the current development process in the Asia-Pacific. The EU and its allies need to quickly establish a common economic policy dedicated to this region, which is becoming the most important global development engine." The chairman of the Supervisory Board of Siemens Energy AG also affirmed the role of the German Chamber of Commerce and Industry (AHKs) in the region – thereby helping to strengthen the sustainable development cooperation of the German economy here.
About the Asia-Pacific Committee of the German economic community (APA)
APA acts as a bridge- builder between the economic and political concerns of German businesses active in the Asia-Pacific region, politics in Germany and in the Asian partner countries. APA represents the German government and the economic interests of German businesses in the Asia-Pacific region, as well as supporting the promotion of bilateral and multilateral investment trade. APA is a joint initiative and umbrella organization of the Federation of German Industries (BDI), the Association of German Chambers of Industry and Commerce (DIHK), the German Asia-Pacific Business Association (OAV), the Federation of German Wholesale, Foreign Trade and Services (BGA) and the Association of German Banks (Bankenverband).
Photo: CEO of Siemens AG, Dr. Roland Busch, chairman of the German Economic Commission for Asia and the Pacific (APA).