With the new financial year on 1 July, there will be changes in the Executive board, as already publicly announced, under the auspices of change, continuity and rejuvenation. Dr Holger Otte is stepping down from his position as Chairman of the Board after 13 successful years as CEO and 40 years with BDO. However, he will continue to serve on the BDO Global Board and will also remain associated with BDO as an anchor shareholder. Dr Otte will be succeeded as Chairman of the Executive board by Andrea Bruckner and Parwäz Rafiqpoor, both of whom have been BDO Executive board members for many years. Bruckner is responsible for quality assurance, technology, the sustainability strategy and human resources, Rafiqpoor for the commercial and operational business.