“This board position responsible for the Americas region and for the power generation divisions will be located in the US,” Siemens chief executive Joe Kaeser said at a press conference.

“There are divisions like PG and services in Orlando (Florida), or wind in Hamburg. They will remain where they are.”

Siemens has appointed Lisa Davis, currently a top manager at Royal Dutch Shell, to become a managing board member responsible for most of its energy business and regional management for the Americas from Aug.