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Giesecke & Devrient Announces Succession Plans for Banknote Business Unit

Wolfram Seidemann will succeed Ralf Wintergerst, who will become chairman of the G&D Management Board.

On Nov. 1, 2016, Wolfram Seidemann will take on the management of the Giesecke & Devrient Banknote business unit, succeeding Ralf Wintergerst. He also is the designated chairman of the Management Board (CEO) of the newly created G+D Currency Technology group division. The Giesecke & Devrient Management Board agreed unanimously on his appointment. Wintergerst will become the new chairman of the Management Board (CEO) of Giesecke & Devrient (G&D).
 
“Wolfram Seidemann enjoys a high level of approval in the market and among our customers. He is very familiar with the paper, printing, feature and processing segments and has many years of management experience,” says Walter Schlebusch, chairman of the Management Board of Giesecke & Devrient GmbH. “In Wolfram Seidemann, we have a successor from our own ranks.”
 
Seidemann started with the company in 1999 as head of department for Internationalization of Research and Development (R&D) in the smartcard business unit. He then worked through several management positions in the company’s foreign subsidiaries in Singapore and Taiwan. After he returned to Germany, his roles included – among others – six years managing worldwide sales in the Banknote Processing division (BNPO). He is currently manager of the Banknote Solutions division (BNBN) and is chairman of the Management Board of Papierfabrik Louisenthal GmbH.

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