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CITIC Ltd (0267.HK)

0267.HK on Hong Kong Stock

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30 Jun 2016
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Summary

Name Age Since Current Position

Zhenming Chang

59 2009 Executive Chairman of the Board

Jiong Wang

55 2014 President, Executive Vice Chairman of the Board

Xiaohuang Zhu

59 2014 Vice Chairman of the Executive Committee

Qingping Li

53 2015 Vice President, Member of the Executive Committee, Executive Director

Jian Pu

57 2015 Vice President, Member of the Executive Committee, Executive Director

Gaoming Zhu

50 2015 Vice President, Member of the Executive Committee

Guang Feng

57 2014 Member of the Executive Committee

Wing Kay Choy

39 2014 Joint Company Secretary

Zhenyi Tang

2014 Joint Company Secretary

Rucheng Li

64 2016 Non-Executive Director

Yeqiao Liu

53 2014 Non-Executive Director

Zhongyuan Liu

45 2014 Non-Executive Director

Kangle Song

52 2016 Non-Executive Director

Shuqin Yan

55 2016 Non-Executive Director

Jinming Yang

57 2014 Non-Executive Director

Xiaoping Yang

51 2015 Non-Executive Director

Man Yiu Chow

70 2016 Independent Non-Executive Director

Noriharu Fujita

64 2015 Independent Non-Executive Director

Boo Jin Lee

44 2014 Independent Non-Executive Director

Anthony Neoh

69 2014 Independent Non-Executive Director

Wai Keung Siu

61 2011 Independent Non-Executive Director

Jinwu Xu

65 2012 Independent Non-Executive Director

Biographies

Name Description

Zhenming Chang

Mr. Chang Zhenming is Executive Chairman of the Board of CITIC Ltd., (formerly CITIC Pacific Ltd.). Mr Chang is responsible for the leadership and effective functioning of the board, ensuring that key issues are addressed by the board. He provides the strategic direction for the Company. From 2000 to 2005 he served as an executive director, from 2006 as a non-executive director, and since 2009 as the chairman of the Company. Mr Chang is the chairman of both the executive committee and the nomination committee. He is also the chairman of CITIC Group Corporation, CITIC Corporation Limited and CITIC Hong Kong (Holdings) Limited, the chairman and a non-executive director of China CITIC Bank Corporation Limited and the vice chairman of CITIC International Financial Holdings Limited. He was the vice chairman and president of China Construction Bank, a non-executive director and deputy chairman of Cathay Pacific Airways Limited and a non-executive director of China CITIC Bank International Limited.

Jiong Wang

Mr. Wang Jiong serves as President, Executive Vice Chairman of the Board of CITIC Ltd., (formerly CITIC Pacific Ltd.), since 26 September 2014. Mr Wang is vice chairman of the executive committee and a member of the nomination committee. Mr Wang is currently the vice chairman and president of CITIC Group Corporation and CITIC Corporation Limited. He was formerly deputy general manager of CITIC Shanghai Co., Ltd; general manager and chairman of CITIC Shanghai (Group) Co., Ltd; chairman and general manager of CITIC East China (Group) Co., Ltd; assistant president of China International Trust & Investment Corporation; and executive director and vice president of CITIC Group. Mr Wang has a background of more than 20 years in finance and industry, with extensive knowledge and experience particularly in corporate strategy planning, operating management, investment financing, mergers, acquisitions and restructuring. He graduated from Shanghai University of Finance & Economics with a master’s degree in economics.

Xiaohuang Zhu

Mr. Zhu Xiaohuang serves as Vice Chairman of the Executive Committee of CITIC Ltd. Mr Zhu is currently chairman of the supervisory board of CITIC Group Corporation. He was formerly deputy director of the General Office, deputy director of Credit Division I, and deputy director-general of the Credit Management Department of China Construction Bank; deputy general manager of China Construction Bank Liaoning Branch; director-general of the Business Department of China Construction Bank; general manager of China Construction Bank Guangdong Branch; director-general of the Corporate Business Department, chief risk officer, vice president and executive director of China Construction Bank; vice president of CITIC Corporation Limited, and chief executive officer and president of China CITIC Bank. Mr Zhu has been in the banking industry for 32 years and has extensive theoretical knowledge and practical experience in banking management and risk management. Mr Zhu is a senior economist. He graduated from the Lingnan College of Sun Yat-Sen University with a graduate diploma in world economics and a PhD in economics.

Qingping Li

Ms. Li Qingping is Vice President, Member of the Executive Committee, Executive Director of CITIC Ltd. Ms Li is the vice president and a member of the Executive Committee of the Company with effect from 26 September 2014. Ms Li is currently executive director of CITIC Group Corporation, executive director and vice president of CITIC Corporation Limited, and executive director and president of CITIC Bank. She was formerly general manager of the International Department of Agricultural Bank of China, general manager of Guangxi Branch, and director of the Retail Business Department. Ms Li is a senior economist who has 30 years’ experience in the banking industry, with particular emphasis on international business and retail business. She graduated from the International Finance Programme at Nankai University with a master’s degree in economics.

Jian Pu

Mr. Pu Jian is Vice President, Member of the Executive Committee, Executive Director of CITIC Ltd. Mr Pu is the vice president and a member of the Executive Committee of the Company with effect from 26 September 2014. Mr Pu is currently executive director of CITIC Group Corporation, executive director and vice president of CITIC Corporation Limited. He was formerly vice president of CITIC Securities Co., Ltd; vice chairman of China Offshore Helicopter Co., Ltd; president of CITIC Offshore Helicopter Co., Ltd; director of CITIC Group; president and chairman of CITIC Trust Co., Ltd. He has held management positions in the financial industry and the general aviation industry for many years, and has over 20 years' experience in financial institutions, particularly in the securities and trust fields. Mr Pu is a senior economist and a graduate of Fordham University with a master’s degree in business administration.

Gaoming Zhu

Mr. Zhu Gaoming serves as Vice President, Member of the Executive Committee of the Company with effect from 19 May 2015. Mr Zhu formerly served as secretary to the Board of Directors, general manager of Credit Approval Department, general manager of Corporate Banking Department, general manager of Small Enterprise Finance Department and concurrently that of Investment Banking Department of Head Office of Agricultural Bank of China (“ABC”). He also served as president and vice president of ABC Jiangsu Branch, and vice president of ABC Shanghai Branch. Mr Zhu is a Senior Economist who has extensive experience in banking industry. He graduated from Fudan University and from the University of Sheffield with Master’s degree in economics and in business administration respectively.

Guang Feng

Mr. Feng Guang serves as a Member of the Executive Committee of CITIC Ltd., since 26 September 2014. Mr Feng is currently secretary of the Party Discipline Inspection Commission of CITIC Group Corporation. He was formerly deputy division chief, division chief and deputy director of the Second Department of Case Investigation, and deputy director of the Seventh Department of Case Investigation of the Ministry of Supervision of the People’s Republic of China. Mr Feng has worked in discipline supervision for many years and has extensive practical experience in clean government practices and anti-corruption, human resources management, compliance governance, and corporate culture establishment. Mr Feng graduated from the Graduate School of the Central Party School with a master’s degree in jurisprudence.

Wing Kay Choy

Mr. Choy Wing Kay is Joint Company Secretary of CITIC Ltd., (formerly CITIC Pacific Ltd.). He joined CITIC Pacific in 2008. He is a qualified solicitor in Hong Kong. He previously practised as a commercial lawyer in private practice in Hong Kong.

Zhenyi Tang

Mr. Tang Zhenyi is Joint Company Secretary of CITIC Ltd., (formerly CITIC Pacific Ltd.), . Mr. Tang has been deputy director-general of the office of the board of directors of CITIC Corporation Limited since December 2011. He previously served as executive assistant (director-level, deputy director-general) to Vice Minister of the Ministry of Finance from 2006 to 2011 and executive assistant/advisor to the executive director for China of the World Bank Group from 2001 to 2005, and he served in the World Bank Department and International Department of the Ministry of Finance from 1995 to 2001. Mr. Tang graduated from the University of Maryland, College Park, USA with a Master of Business Administration degree (Finance) and the Dongbei University of Finance and Economics, China with a Bachelor of Arts degree (International Economic Cooperation). Mr. Tang had been involved in company secretarial matters in the People’s Republic of China context for about three years in the capacity of deputy director-general of the office of the board of directors of CITIC Corporation Limited and has 20 years experience in the finance and fiscal field.

Rucheng Li

Mr. Li Rucheng has been appointed as a Non-executive Director of the Company with effect from 18 March 2016. Mr Li is currently vice chairman of China Association for Public Companies, chairman of The Listed Company Association of Ningbo. He serves as the chairman of the Eighth Board of Directors of Youngor Group Co., Ltd., executive director of Ningbo Shengda Development Co., Ltd. and chairman of Ningbo Youngor Holdings Co., Ltd.. He was the representative to the Ninth, Tenth, and Eleventh National People’s Congress. He served as managing director of Youth Development Company, chairman and general manager of Ningbo Youngor Garment Co., Ltd, as well as chairman and general manager of Youngor Group. Mr Li is a Senior Economist.

Yeqiao Liu

Mr. Liu Yeqiao serves as Non-Executive Director of CITIC Ltd., (formerly CITIC Pacific Ltd.), since 19 December 2014. Mr Liu has been a nonexecutive director of CITIC Group Corporation and CITIC Corporation Limited since September 2014. He was an employee of Trucking Company and the Transportation Bureau of Jurong County in Jiangsu Province. He joined the Ministry of Finance (“MOF”) in July 1991, and until October 2007 served successively as officer, senior staff, deputy director of the Policy Division of the Industrial Transport Department; officer, associate researcher and deputy director and researcher of the General Division of the Finance Department; deputy director-general of the Department of Finance of Yunnan Province from October 2007 to October 2009; and a non-executive director of The People’s Insurance Company (Group) of China Limited from September 2009 to March 2014. Mr Liu is a senior accountant. He graduated from Zhongnan University of Finance and Economics (now known as Zhongnan University of Economics and Law) in July 1991 with a master’s degree in accounting. He also obtained a master’s degree in accounting from The George Washington University in May 2000 and a doctoral degree in economics from the Research Institute for Fiscal Science, MOF in August 2003.

Zhongyuan Liu

Mr. Liu Zhongyuan serves as Non-Executive Director of CITIC Limited., since 26 September 2014. Mr Liu was formerly an officer and division chief of the General Office and General Planning and Trial Department, National Economic System Reform Commission; division chief and deputy director of the Secretary and Administration Department, Economic System Reform Office of the State Council; deputy director and director of the Secretariat Office of the National Council for Social Security Fund; director and deputy director-general of the Equity Management Department of the National Council for Social Security Fund; deputy director-general of the Equity Management Department (Private Equity Investment Department) of the National Council for Social Security Fund; and directorgeneral of the Overseas Investment Department of the National Council for Social Security Fund. Mr Liu has a doctorate degree in economics from the School of Economics at Renmin University of China

Kangle Song

Mr. Song Kangle has been appointed as Non-executive Director of the Company with effect from 18 March 2016. Mr Song is currently serving as Counsel at director general level in Department of Asset Management of Ministry of Finance. He worked with several posts in Ministry of Finance as staff member, senior staff member, principal staff member, deputy director, consultant at director level, associate counsel, deputy director general and counsel at director general level in various departments, such as Department of Human Resource Development, Department of External Financing, Department of External Affairs and Department of Enterprise. He graduated from School of Public Finance and Taxation of Liaoning Institute of Finance and Economics (now known as Dongbei University of Finance and Economics) with a bachelor’s degree in public finance and China Europe International Business School of Shanghai Jiao Tong University. He is a postgraduate degree holder.

Shuqin Yan

Ms. Yan Shuqin has been appointed as Non-Executive Director of the Company, with effect from 12 April 2016. Ms Yan is currently serving as chief inspector of Ningbo Supervision & Inspection Office of Ministry of Finance. She worked with several posts in Ministry of Finance as staff member, senior staff member, principal staff member, deputy director, director, assistant inspector, deputy inspector and chief inspector in Jiangxi Supervision & Inspection Office and Ningbo Supervision & Inspection Office. She graduated from Jiangxi University of Finance and Economics with a bachelor’s degree in economics. She is a Certified Public Accountant.

Jinming Yang

Mr. Yang Jinming serves as Non-Executive Director of CITIC Limited., since 26 September 2014. Mr Yang is a member of the remuneration committee. Mr Yang is currently a non-executive director of CITIC Group Corporation and CITIC Corporation Limited. He was formerly deputy director of the General Office, China National Salt Industry Corporation Beijing Branch; deputy chief of the Payroll Division of the General Planning Department, Ministry of Finance; chief of the Extra-budgetary Fund Management Division of the Policy and Reform Department, Ministry of Finance; chief of the Government Procurement Division, the Treasury Department, Ministry of Finance; and inspector (deputy director- general level) of the Treasury Department, Ministry of Finance. Mr Yang graduated from the Correspondence Institute of the Central Party School with a bachelor’s degree in international economics

Xiaoping Yang

Mr. Yang Xiaoping serves as Non-Executive Director of the Company, since 3 August 2015. Mr Yang is currently the Vice Chairman of the CP Group, an Executive Director and the Vice Chairman of C.P. Lotus Corporation (listed on the Main Board of the Hong Kong Stock Exchange), CEO of CT Bright Holdings Limited, a Non-Executive Director of Ping An Insurance (Group) Company of China, Ltd. (listed on the Main Board of the Hong Kong Stock Exchange and the Shanghai Stock Exchange) and a Non-Executive Director of Tianjin Binhai Teda Logistics (Group) Corporation Limited (listed on the GEM Board of the Hong Kong Stock Exchange). Mr Yang previously acted as the Manager of Nichiyo Co., Ltd for China Division and the Chief Representative of Nichiyo Co., Ltd, Beijing Office. He is also a Member of The Twelfth National Committee of Chinese People’s Political Consultative Conference, the Vice President of the China Institute for Rural Studies of Tsinghua University, a Director of China NGO Network for International Exchanges, the Vice President of Beijing Association of Enterprises with Foreign Investment and an Adviser of Foreign Investment to Beijing Municipal Government. Mr Yang obtained a Bachelor degree from Jiangxi Institute of Technology and has experience in overseas studies in Japan.

Man Yiu Chow

Mr. Chow Man Yiu, Paul has been appointed as an Independent Non-Executive Director of the Company with effect from 18 March 2016. Mr Chow currently serves as the Chairman of Hong Kong Cyberport Management Company Limited, an independent non-executive director of Bank of China Limited (listed on the Main Board of the Stock Exchange of Hong Kong and the Shanghai Stock Exchange), China Mobile Limited (listed on the Main Board of the Stock Exchange of Hong Kong and the New York Stock Exchange), Julius Baer Group Ltd. (listed on the SIX Swiss Exchange) and Bank Julius Baer Co. Ltd. Mr Chow also serves as a member of Advisory Committee on Innovation and Technology of the Government of the Hong Kong Special Administrative Region (“HKSAR Government”) and a member of Asian Advisory Committee of AustralianSuper Pty. Ltd. Mr Chow was an executive director and Chief Executive of Hong Kong Exchanges and Clearing Limited (listed on the Main Board of the Stock Exchange of Hong Kong) from May 2003 to January 2010. He served as the Chief Executive, Asia Pacific Region (ex-Japan) of HSBC Asset Management (Hong Kong) Limited from 1997 to 2003. Mr Chow was awarded the title of Justice of the Peace, the Silver Bauhinia Star and the Gold Bauhinia Star by the HKSAR Government in 2003, 2005 and 2010 respectively.

Noriharu Fujita

Mr. Noriharu Fujita is an Independent Non-Executive Director of the Company. Mr. Fujita has established Fujita Noriharu Accounting Firm since July 2013. From April 1973 to May 1978, he performed audit engagements in Japanese accounting firms. From July 1980 to December 1988, he worked in Imperial Chemical Industries PLC and stationed in London and Tokyo office. From January 1989 to June 2007, Mr. Fujita was a partner of Ernst & Young, LLP Chicago and New York office. From July 2007 to June 2013, he was an executive partner of Ernst & Young ShinNihon, LLC and served as the JBS Global Services Leader. He retired in June 2013. He is a licensed Certified Public Accountant in both Japan and the United States. As an accounting professional, Mr. Fujita has extensive experience in accounting. Mr. Fujita graduated from Keio University with a Bachelor degree in Economics in March 1973. He also obtained a Master of Business Administration from the College of Business, University of Illinois at Urbana-Champaign in May 1980.

Boo Jin Lee

Ms. Lee Boo Jin serves as Independent Non-Executive Director of the Company, since 19 December 2014. Ms Lee is currently the President and Chief Executive Officer of Hotel Shilla Co., Ltd., the President of Corporate Strategy for Cheil Industries (formerly Samsung Everland) and an advisor of Samsung C&T Corporation. All three companies hereinbefore are affiliates of the Samsung Group. Ms Lee graduated from Yonsei University with a Bachelor of Science degree in 1994.

Anthony Neoh

Mr. Anthony Francis Neoh serves as Independent Non-Executive Director of the Company with effect from 19 December 2014. Mr Neoh currently serves as a member of the International Advisory Council of the China Securities Regulatory Commission (“CSRC”). He previously served as Chief Advisor to the CSRC, a member of the Hong Kong Special Administrative Region Basic Law Committee under the Standing Committee of the National People’s Congress, Chairman of the Hong Kong Securities and Futures Commission, a member of the Hong Kong Stock Exchange Council and its Listing Committee, and chaired its Disciplinary Committee and Debt Securities Group, and Deputy Judge of the Hong Kong High Court. From 1996 to 1998, he was Chairman of the Technical Committee of the International Organization of Securities Commissions. He was appointed as Queen’s Counsel (now retitled as Senior Counsel) in Hong Kong in 1990. Mr Neoh graduated from the University of London with a degree in Law in 1976. He is a barrister of England and Wales and admitted to the State Bar of California. In 2003, he was conferred the Degree of Doctor of Laws, honoris causa, by the Chinese University of Hong Kong. He was elected Honorary Fellow of the Hong Kong Securities Institute and Academician of the International Euro-Asian Academy of Sciences in 2009. In 2013, he was awarded the Degree of Doctor of Social Science, honoris causa, by the Open University of Hong Kong. Mr Neoh is an independent non-executive director of China Life Insurance Company Limited. He was a nonexecutive director of Global Digital Creations Holdings Limited. He also served as an independent non-executive director of the Link Management Limited, Manager of the Link Real Estate Investment Trust, China Shenhua Energy Company Limited and Bank of China Limited.

Wai Keung Siu

Mr. Siu Wai Keung is Independent Non-Executive Director of CITIC Ltd., (formerly Citic Pacific Ltd.). Mr Siu is the chairman of both the audit and risk management committee and the remuneration committee, and a member of the nomination committee and the special committee. He is an independent non-executive director of GuocoLand Limited, China Communications Services Corporation Limited, Hop Hing Group Holdings Limited, Shunfeng Photovoltaic International Limited, China Huishan Dairy Holdings Company Limited and CGN Power Co. Ltd. He ceased to act as an independent non-executive director of Beijing Hualian Hypermarket Co., Ltd. with effect from the conclusion of its extraordinary general meeting held on 17 March 2015. He was an independent non-executive director of Hua Xia Bank Co., Limited. He joined KPMG Manchester, UK in 1979 and returned to Hong Kong in 1986 and became a partner of KPMG Hong Kong in 1993. From 2000 to 2002, he was a senior partner of KPMG Shanghai Office. From 2002 to March 2010, he was a senior partner of KPMG Beijing Office, and a senior partner of Northern Region, KPMG China.

Jinwu Xu

Dr. Xu Jinwu is Independent Non-Executive Director of CITIC Pacific Ltd., since December 31, 2012. He is currently the President of the University of Science and Technology Beijing. He is the Vice President of The Chinese Society for Metals and the Chairman of the Metallurgical Equipment Committee of The Chinese Society for Metals. During his presidency at the University of Science and Technology Beijing, Dr. Xu led a number of projects from the National Natural Science Foundation of China and important research projects from industry. He served as an independent director of Ningbo Donly Transmission Equipment Co., Ltd. from January 2006 to January 2012 and Xinyu Iron & Steel Co, Ltd. from April 2006 to April 2009.