Siemens Bank

Siemens Bank expands the product range of the Financial Services unit at Siemens for corporate customers.  Siemens Bank’s clients primarily include companies, special purpose entities and public-sector debtors. The bank does not offer products to retail-banking customers. Siemens Bank is based in Munich and has currently offices in Germany, Great Britain and Singapore. The primary focus are European and Asian countries as well as selected emerging markets. Siemens Bank was established in 2010 as a wholly owned subsidiary of Siemens AG. It acts as an independent company, but profits from its integration into the financial companies of the Siemens Group. In August 2012, Moody’s Investors Services assigned first-time A1/P-1 issuer ratings to Siemens Bank GmbH. Since then the rating was confirmed frequently and the outlook is stable.

Our presences

Managing Board

Members of the Managing Board Siemens Bank GmbH


Siobhan Smyth

Managing Director (CEO) | Siemens Bank GmbH

Professional Experience

Since 2022    | Siemens Bank GmbH, Chief Executive Officer (CEO), London, UK

Since 2019    | Siemens Financial Services, Head of Project and Structured Debt EMEA/Asia, London, UK

Since 2019    | Siemens Bank GmbH, Head of Debt, London, UK

Since 2012    | Siemens Financial Services, Head of Energy Debt EMEA/Asia, London, UK

2008 – 2012 | HSBC, Managing Director, Global Sector Head, Renewables, London, UK

2003 – 2008 | The Royal Bank of Scotland Group, Senior Director, Power Project Finance, London, UK

1998 – 2003 | The Royal Bank of Scotland Group, Senior Vice President, Head of Project Finance, New York, USA

1995 – 1998 | The Royal Bank of Scotland Group, Manager, Project Finance, Oil and Gas Sector, London, UK

1994 – 1995 | The Royal Bank of Scotland Group, Treasury Credit Manager, London, UK

1990 – 1993 | NatWest Markets, Senior Credit Analyst, London, UK


Master of Business Administration (MBA), University of Ulster, Jordanstown, Northern Ireland

BA (Hons) in History and Politics, University of Ulster, Jordanstown, Northern Ireland


Dr. Christoph Baumgarten

Managing Director (CFO) I Siemens Bank GmbH

Professional Experience

Since  2019        |    Siemens Bank GmbH, Chief Financial Officer (CFO)

2010 – 2019      |    Siemens Bank GmbH, Head of Finance, Risk Controlling and Operations

2003 – 2009      |    Siemens Financial Services GmbH, Head of Strategy, Corporate Development & Communications

1999 – 2003      |    Siemens AG, Director Corporate Strategies

1998 – 1999      |    Robert Bosch GmbH, Controller

1995 – 1998      |    Robert Bosch GmbH, Freelancer / Consultant


Dipl.-Kfm., University of Munich
PhD, University of Munich


Dr. Ingeborg Hampl

Managing Director (CRO) | Siemens Bank GmbH

Professional Experience

Since 2010       | Siemens Bank GmbH Chief Risk Officer (CRO)

2000 - 2010     | Siemens Financial Services GmbH

2000 - 2010     | Chief Risk Officer (CRO) Commercial Finance Europe/Asia (since 2006)

2000 - 2010     | Head of Risk Management Mid Market Finance (2003 - 2006)

2000 - 2010     | Head of Credit Department (2000 - 2003)

1999 - 2000     | Siemens AG Head of Credit Department of the division Siemens Financial Services

1994 - 1998     | Bayerische Hypotheken- und Wechsel-Bank AG

1994 - 1998     | HypoVereinsbank AG

1994 - 1998     | Head of Banks Europe I in the division International Markets (since 1998)

1994 - 1998     | Member of a special task force team established by the board with the target to reduce credit risks

                                (1996 - 1998)

1994 - 1998     | Structuring large complex transactions in the Munich corporate banking branch (1994 - 1996)

1991 - 1994     | HYPO Consult GmbH

1991 - 1994     | M&A Consultant

1987 - 1991     | Bayerische Hypotheken- und Wechsel-Bank AG

1987 - 1991     | Credit officer in the corporate banking division (1990 - 1991)

1987 - 1991     | Trainee program (1989 - 1990)

1987 - 1991     | Public relations (1987 - 1989)



PHD, University of Munich

Banking Solutions

The business model of Siemens Bank has the following pillars: credit business, deposit business and risk management services. The banking solutions offered in the Branches in Great Britain and Singapore are currently limited to credit business and selected risk management services for Siemens Group companies.


Credit business

In its lending activities, Siemens Bank primarily offers mid- and long-term investment and project financing. As a result of the business focus of the Siemens Group, the following segments are particularly important: energy generation and distribution, transportation and infrastructure, healthcare and industry. The product range is complemented by ECA-covered financing, revolving lines of credit and guarantees.


Deposit business

The second pillar involves the deposit business. The focus of this business is on overnight and time deposits for Siemens Group companies and selected external companies.


Risk management services

Siemens Bank offers services involving ratings, risk management services and risk controlling as well as back office functions. The services are primarily provided to Siemens Group companies as well as to selected external customers.


What sets us apart:

− Our structuring know-how

− Access to leading financial institutions as a syndication partner

− Industry-specific expertise, flexibility and reliability