EIG announced on April 17 that Joe Kaeser is joining the company as a senior adviser to counsel the firm’s leadership team on global energy markets and the energy transition.

Joe Kaeser
Joe Kaeser. (Source: Business Wire)

Kaeser is the former president and CEO of Siemens AG, a German multinational conglomerate. Prior to serving as CEO, Kaeser was Siemens’ CFO. Currently, Kaeser is the non-executive chairman of the board for Siemens Energy AG. Kaeser is also the chairman of the board of Daimler Truck Holding AG and serves on the board of Linde Plc.

Headquartered in Washington, D.C., EIG is an institutional investor in the global energy and infrastructure sectors with $22.7 billion under management as of Dec. 31, 2022.