July 30, 2006
GERMANY—Diebold Germany has appointed banking industry expert Jörg Engelhardt as the managing director of Diebold Germany GmbH, the German subsidiary of Diebold Inc.
Engelhardt, who came to Diebold as sales director from De La Rue, succeeds Wilfried Schenk, who retired from the company on July 1.
After completing his training as a bank employee, Engelhardt studied business management at the University of Cologne. Since starting his career in 1988, he has held a variety of positions in the fields of marketing and IT before becoming marketing and sales administration manager at Ascom EBS Elektronische Banksysteme GmbH in 1996. For the past five years Jörg Engelhardt was employed by De La Rue Cash Systems GmbH, most recently as sales director for Germany and a member of the company's senior management.
"The German banking market is one of the most highly-developed and challenging in Europe," Engelhardt said. "I am extremely pleased to be working for a global player with a strong international reputation that has succeeded in enhancing its market position despite enormous competitive pressure."