SR Technics, a world leading MRO service provider, has appointed Sven Kussmann as its new chief financial officer.

He will report directly to the CEO and become part of the SR Technics leadership team. Kussmann will succeed Christina Johansson, who is leaving the company this month.

Kussmann is an experienced corporate finance professional who joins SR Technics from Mubadala Development Company, where he was part of its Corporate Finance Team being responsible for the companies’ M&A activities for various sectors as well as the group-wide portfolio activities. Prior to this, he worked for companies such as Allianz Capital Partners and PriceWaterhouseCoopers. Kussmann holds an MBA from Passau University and executive education degrees from Harvard Business School and INSEAD.

Commenting on the appointment, Jeremy Remacha, SR Technics interim CEO, said: “We are delighted to welcome Sven to SR Technics. Sven has a wealth of relevant experience in corporate finance, leadership and strategic matters that will be invaluable as we develop our business further. On behalf of the management team, I would like to extend our sincere thanks to Christina for her significant contribution and dedication to the success of our company during the past two years. We wish her every success going forward.” - TradeArabia News Service