The Times Australia
Fisher and Paykel Appliances
News From Asia

.

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
Ishan Palit, Interim Chief Executive Officer (Chairman of the Board of Management) / TÜV SÜD
Sabine Nitzsche, Chief Financial Officer (CFO) / 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.

About TÜV SÜD AG

Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. Around 30,000 employees work at over 1,000 locations in about 50 countries to continually improve technology, systems and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving and renewable energy safe and reliable. tuvsud.com

Active Wear

Times Magazine

World Kindness Day: Commentary from Kath Koschel, founder of Kindness Factory.

What does World Kindness Day mean to you as an individual, and to the Kindness Factory as an organ...

In 2024, the climate crisis worsened in all ways. But we can still limit warming with bold action

Climate change has been on the world’s radar for decades[1]. Predictions made by scientists at...

End-of-Life Planning: Why Talking About Death With Family Makes Funeral Planning Easier

I spend a lot of time talking about death. Not in a morbid, gloomy way—but in the same way we d...

YepAI Joins Victoria's AI Trade Mission to Singapore for Big Data & AI World Asia 2025

YepAI, a Melbourne-based leader in enterprise artificial intelligence solutions, announced today...

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an onli...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beau...

The Times Features

How airline fares are set and should we expect lower fares any time soon?

Airline ticket prices may seem mysterious (why is the same flight one price one day, quite anoth...

What is the American public’s verdict on the first year of Donald Trump’s second term as President?

In short: the verdict is decidedly mixed, leaning negative. Trump’s overall job-approval ra...

A Camping Holiday Used to Be Affordable — Not Any Longer: Why the Cost of Staying at a Caravan Park Is Rising

For generations, the humble camping or caravan holiday has been the backbone of the great Austra...

Australia after the Trump–Xi meeting: sector-by-sector opportunities, risks, and realistic scenarios

How the U.S.–China thaw could play out across key sectors, with best case / base case / downside...

World Kindness Day: Commentary from Kath Koschel, founder of Kindness Factory.

What does World Kindness Day mean to you as an individual, and to the Kindness Factory as an organ...

HoMie opens new Emporium store as a hub for streetwear and community

Melbourne streetwear label HoMie has opened its new store in Emporium Melbourne, but this launch is ...

TAFE NSW empowers women with the skills for small business success

Across New South Wales, TAFE NSW graduates are turning their skills into success, taking what they h...

The median price of residential land sold nationally jumped by 6.8 per cent

Land prices a roadblock to 1.2 million homes target “The median price of residential land sold na...

Farm to Fork Australia Launches Exciting 7th Season on Ten

New Co-Host Magdalena Roze joining Michael Weldon, Courtney Roulston, Louis Tikaram, and Star Guest ...