Lothar Herrmann assumed the position of CEO Cluster ASEAN for Siemens, in April 2008. The Cluster expanded to become the ASEAN-Pacific Cluster in October 2011, to include Korea, and the Pacific Region. He is concurrently the CEO of Siemens Pte Ltd, Singapore. Born in Germany, Lothar received his Masters Degree of International Economics, majoring in Foreign Trade and International Business Administration in August 1980. In addition to his responsibilities in Siemens, Lothar is also a board member of the Singaporean German Chamber of Industry & Commerce, and a panel member of Singapore’s Economic Strategies Committee. The Economic Strategies Committee’s mission is to review the Singapore economy and craft ways to help it thrive. On 1 February 2011, Lothar was appointed by the Government of Singapore as a member of the EDB Board of Directors.