Ulrich Stefer has been appointed as an Additional Director of Bayer CropScience Ltd. w.e.f March 4, 2016. He was appointed as the Whole Time Director and Chief Financial Officer of the Company with effect from April 1, 2016.
Mr. Stefer has completed Business Administration at the University of Cologne. He started his career at a Chartered Accountant firm in Cologne, Germany. Subsequent to his examination as a Tax Consultant, he joined Bayer in 1998 to work as an auditor in the Corporate Auditing department. From 2002 to 2008, he was transferred to Asia Pacific to run a regional project at Bayer Middle East, Dubai, UAE; take up responsibilities as Chief Financial Officer [Bayer Pakistan (Private) Ltd. and Bayer Korea Ltd.] partly in combination with the role as CEO/Senior Bayer Representative, Bayer Pakistan (Private) Ltd. In 2010 he was transferred to the Taxes department of Bayer AG heading up the International Taxes/Foreign Affiliates function and from 2013 assuming responsibilities for Tax Planning, Mergers & Acquisitions (Tax) and Transfer Pricing.