I like this photo, if for nothing more than the markings on the building!
However, judging by the fact that the ceremony seems to be in recognition of the award of the Ritterkreuz, I do not think it shows Werner Baumbach.
Oberst Werner Baumbach was awarded his Ritterkreuz on 08-May-1940. and as the recipient in the photograph is wearing the DKiG, this cannot be Baumbach as the date of his RK precludes that of the institution of the award.
Regards Richard.
Always looking for Luftwaffe Kampfflieger related document groups. In particular anything to Kampfgeschwader 2.
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