News Daily


Men's Weekly

News from Asia

  • Written by Media Outreach
TÜV SÜD Appoints Interim Leadership Following CEO Transition
MUNICH, GERMANY – NEWSAKTUELL - 10 July 2025 - The Supervisory Board of TÜV SÜD AG has appointed Ishan Palit, former Asia Pacific CEO, as Interim Chief Executive Officer (Chairman of the Board of Management) effective July 15, 2025, following the announcement that Dr. Johannes Bussmann will be stepping down to become CEO of MTU Aero Engines AG. Johannes Bussmann will leave TÜV SÜD on July 14, 2025. Ishan Palit will lead the company during this transition period with Chief Financial Officer (CFO) Sabine Nitzsche, until a permanent successor is appointed.

Ishan Palit, Interim Chief Executive Officer (Chairman of the Board of Management) / TÜV SÜD

Sabine Nitzsche, Chief Financial Officer (CFO) / TÜV SÜD
Ishan Palit brings over three decades of experience at TÜV SÜD, having joined the company in 1994 to establish its operations in India. He later served as CEO of the Asia Pacific region based in Singapore, and in 2011, took charge of the global Product Service Division. Since 2017, he has served as Chief Operating Officer and member of the Board of Management, helping to shape TÜV SÜD's global strategy and operations.

Sabine Nitzsche joined TÜV SÜD as Chief Financial Officer (CFO) and member of the Board of Management in March 2025. She brings over 30 years of international leadership experience in finance, strategy and operations in the high-tech and automotive industry. Before joining TÜV SÜD, she served as CFO and Executive Board member at Vitesco Technologies AG. She has also held senior positions at Infineon Technologies AG, including CFO of Infineon's Automotive Division, and EMEA CFO at GlobalFoundries.

"We are very pleased that Ishan and Sabine will oversee the interim management of TÜV SÜD during this transition," said Frank Hyldmar, Chairman of the Supervisory Board of TÜV SÜD AG. "Ishan is a seasoned TÜV SÜD senior executive with deep knowledge of our business and strong global leadership experience. Sabine brings a proven track record as CFO across multiple multinational enterprises. Together, they form a strong leadership team as we work towards appointing a long-term CEO."

TÜV SÜD remains focused on delivering value to its customers, employees, and partners, while building on its strong foundation and executing its long-term strategy.

Hashtag: #TÜVSÜD

The issuer is solely responsible for the content of this announcement.

Read more

How to Bulletproof Your Contracts Against Disputes

In the business world, contracts are the backbone of transactions, partnerships and collaborations. Yet even well-meaning agreements can lead to disputes if they’re not carefully drafted by business contract lawyers. To avoid costly legal battles and protect your interests, it's... Read more

Top 5 Providers of SEO Focused Guest Posts in Florida You Can Trust

Many companies today aim to increase their online presence, which is a good use for guest blogging. In guest blogging, you compose content for the benefit of other websites that link back to yours. This promotes your business and increases... Read more

The Role of Litigation Lawyers in Brisbane

Litigation lawyers in Brisbane play a crucial role in the legal landscape, ensuring justice is accessible and efficiently administered for the clients they represent. They have expertise in handling disputes that may result in court proceedings, with their work encompassing... Read more

Edge Computing: Revolutionising Connectivity in the Digital Age

Edge computing is rapidly transforming how organisations process and manage data, bringing computational power closer to where it's most needed. In an increasingly connected world, Microsoft Azure services are at the forefront of this technological revolution, enabling businesses to leverage... Read more

What You Need to Know About Towing a Caravan

Towing a caravan can be an exciting way to explore Australia's vast landscapes, but it also comes with its own set of challenges. Whether you’ve just purchased a new caravan or are browsing caravans for sale, understanding the ins and... Read more

How to curb short-sightedness in kids

Kids should play outside more to reduce the risk of short-sightedness and potential adult blindnessWe are in the grips of a ‘myopia epidemic’: more than 20 per cent of Australians have myopia or short-sightedness, tipped to rise to 50 per... Read more