AUGENTIC GmbH reinforces Advisory Board with distinguished new members

Munich, December 2023, AUGENTIC a leading provider in identity management solutions and biometric technologies, is pleased to announce changes to its Advisory Board as part of its ongoing commitment to strategic growth and operational excellence.

Dr. Hermann Sterzinger, active Chairman of the Advisory Board at AUGENTIC since 2020, has decided to step down from the advisory board in view to focus and explore new fields of technology solutions such as the field of Central Bank Digital Currency. In this capacity, he will persist in contributing his valuable insights and expertise to the industry. Simultaneously, Peter Schmid will be concluding his role as a valued financial advisor of the Advisory Board. AUGENTIC’s shareholders and its management team express their deep gratitude to Dr. Hermann Sterzinger and Peter Schmid for their significant efforts throughout their tenures.

After thoughtful consideration, the shareholders have appointed Hans Wolfgang Kunz as the new Chairman of the Advisory Board, effective from December 2023. Alongside the chairman’s change in position, the Advisory Board will welcome the former distinguished German diplomat Mr. Hansjörg Haber and financial advisor Mr. Klaus-Joachim Krauth.
Hansjörg Haber, a former German diplomat, brings a wealth of experience from his former diplomatic career. Having served as the German ambassador in various countries and held leading positions within the European Union, his deep understanding of international relations and policymaking will be a valuable contribution for AUGENTIC to give political advice and evaluate global potential opportunities.

On the other hand, Klaus-Joachim Krauth adds a different yet equally vital dimension to the Advisory Board as a financial advisor. As a financial expert in several positions in management and supervisory boards of family-owned and listed companies, he has a strong background in finance, investments and family offices. His insights into investment strategies and financial management will be crucial for AUGENTIC in further offering tailor-made business models, bringing AUGENTIC even closer to their customer needs in the identity industry.

Hans Wolfgang Kunz has been a valuable member of the Advisory Board for over two years. His extensive experience and expertise in the identity industry, coupled with his previous key executive and leadership positions will synergize the diverse experiences of the Board.

AUGENTIC is confident that these changes will further strengthen the support towards its leadership team and position the company for sustained success and development.

“We are very happy to welcome the new Advisory Board team. Their support and expertise will undoubtedly help us to successfully contribute to our strategic goals, to foster growth and hence shape the identity and biometric industry landscape” said Labinot Carreti, CEO at AUGENTIC. He added that “On a personal note, I would like to thank Dr. Hermann Sterzinger and Peter Schmid for their strong collaborative efforts and their continuous contributions to AUGENTIC “.