The NAGA Group AG announced an organisational change within the Management Board. Accordingly, the Management Board has reorganised itself and adapted its organisational structure to a new, tested method of operation. In the future, the Management Board will have no chairman but three equal-ranking members who will manage the company as Executive Directors. Benjamin Bilski is thus moving from his CTO position to Executive Director with immediate effect. The former CEO, Yasin Sebastian Qureshi, is thus gaining more space to concentrate on the areas of innovation, strategy and business analysis that he has been responsible for since the company was founded. In the future, he would like to strengthen his focus there and the Management Board has therefore come to the conclusion that this is not compatible with the intensive travel activity of a CEO. The same rationale applies to the function of Mr. Qureshi as Managing Director of SWITEX GmbH. His position has been taken over by the NAGA CEO, Christoph Brck, who has thus far been the operative driving force in the SWITEX project since the very beginning. Christoph Brck will continue in his Executive Board activities as Executive Director of the Naga Group. In addition to Switex, he is also responsible for the area of law.