Balda AG announced that it has expanded its finance management expertise by appointing Mr. Stefan Holtkamp as its new Head of Controlling. In this function, he will directly report to CEO Dominik M-ser. Mr. Holtkamp will also serve as the Balda Medical Group's Chief Financial Officer (CFO).

His main task will be to expand and optimize the company's controlling and reporting processes as part of Balda's international course of growth. This will also include financial management of Balda's subsidiaries in Germany and abroad. Mr. Stefan Holtkamp was most recently Head of Group Accounting & Controlling at technotrans AG.

In this capacity, he was responsible for managing and executing all of the technotrans Group's financial statements activities and was in charge of strategic and operational controlling. In addition, Mr. Holtkamp's duties comprised a number of complex projects including the Group's M&A activities, adjusting its accounting policies in accordance with international standards, and introducing software tools supporting these processes.