Diethard Gagelmann, Member of the Executive Board, International Procurement, Otto Group, Germany

Diethard Gagelmann is a member of the Executive Board, International Procurement, of the Hamburg- based Otto Group. The Otto Group is a leading trading and services group, operating in the major economies of Europe, Asia and North America. Mr. Gagelmann has been working for the company for 34 years, primarily in procurement roles. From 1992 to 1996, he was executive director of the French mail order company 3 Suisses. Following his return to Otto, he joined the Executive Board in 1998. Since the restructuring of the Board in 2005, his main responsibilities included the bundling of goods flows and the coordination of purchasing operations for the Group as a whole. Some 70 percent of the Group’s goods currently come from China. His many years of close involvement in trading with Asia have given Mr. Gagelmann an intimate knowledge of Sino-European relations.