Peter Loescher studied economics at Vienna University of Economics and Business and at Chinese University of Hong Kong. He got his MBA from Vienna University of Economics, and completed the Advanced Management Program (AMP) at Harvard Business School.

He is Chairman of the Supervisory Board of OMV and of Sulzer AG, Member of the Supervisory Board of Deutsche Bank and Board member of Telefonica S.A.

From 03/2014 to 03/2016 CEO of Renova Mangement AG, Switzerland. Former President and CEO of Siemens AG. Previously President of Global Human Health and Member of the Executive Board of Merck & Co., Inc., CEO of GE Healthcare Bio-Sciences and member of GE’s Corporate Executive Council, COO and member of the Board of Amersham Plc., senior leadership positions in Aventis and Hoechst.

Mr. Loescher was Chairman of the Board of Trustees of Siemens Foundation and is Member Emeritus of the Advisory Board of the Economic Development Board of Singapore, and also Member of the International Advisory Council of Bocconi University.

He is Honorary Professor at Tongji University Shanghai, holds an Honorary Doctorate of Engineering from Michigan State University and is Doctor Honoris Causa of Slovak University of Engineering in Bratislava.

He holds the Grand Decoration of Honor in Gold of the Republic of Austria, the Order of Friendship of the Russian Federation and is Knight Commander of the Order of Civil Merit of Spain.