COSCO SHIPPING Ports Limited Announces Board Changes, Effective 24 October, 2016
Oct 24 16
The board of Directors of COSCO SHIPPING Ports Limited has announced that with effect from 24 October 2016. Mr. FENG Bo has resigned as an Executive Director of the company due to re-designation of work; Mr. WANG Wei has resigned as a Non-executive Director of the company due to re-designation of work; Mr. IP Sing Chi has resigned as an Independent Non-executive Director and a member of the Nomination Committee and the Remuneration Committee of the company due to work commitments. Mr. FENG Boming, Mr. ZHANG Wei, Mr. CHEN Dong and Mr. XU Zunwu have been appointed as Non-executive Directors of the company; and Prof. CHAN Ka Lok has been appointed as an Independent Non-executive Director and a member of the Remuneration Committee of the company. Mr. FENG Boming is currently the General Manager of the Strategic and Corporate Management Department of China COSCO Shipping Corporation Limited, a Non-executive Director of China Shipping Container Lines Company Limited and COSCO SHIPPING Energy Transportation Co. Ltd., a Director of COSCO SHIPPING Bulk Co. Ltd., COSCO SHIPPING (Hong Kong) Co. Ltd., COSCO SHIPPING Financial Holding Co. Ltd. and Piraeus Port Authority S.A., all of which are subsidiaries of COSCO SHIPPING. He served as Manager of the Commercial Section of the Ministry of Trade Protection of COSCO Container Lines Company Limited, the General Manager of COSCO Container Hong Kong Mercury Co. Ltd., the General Manager of the Management and Administration Department of COSCO Holdings (Hong Kong) Co. Ltd., the General Manager of COSCO International Freight (Wuhan) Co. Ltd./COSCO Logistics (Wuhan) Co. Ltd. and Supervisor of the Strategic Management Implementation Office of China Ocean Shipping (Group) Company/China COSCO Holdings Company Limited, both being indirect controlling Shareholders. Mr. FENG has over 20 years of work experience in the shipping industry. Mr. FENG has extensive experience in enterprise strategy management, business management and container shipping management. Mr. ZHANG Wei is currently the Deputy General Manager of Operation and Management Department (person in charge) of COSCO SHIPPING, a Non-executive Director of CSET and a Director of COSCO SHIPPING Bulk Co. Ltd., both being subsidiaries of COSCO SHIPPING. Mr. ZHANG previously served as a Deputy General Manager of Asia-Pacific Trade Division and Manager of Australia-New Zealand Operation Department of COSCON, Deputy General Manager of European Trade Division of COSCON, Deputy General Manager of the Enterprise Information Development Department of COSCON, Deputy General Manager of Florens Container Holdings Limited and Executive Vice-President of Piraeus Container Terminal S.A., a wholly owned subsidiary of the company. Mr. ZHANG has nearly 30 years of working experience in shipping enterprises and has extensive experience in container transportation marketing management and terminal operation management. Mr. CHEN Dong is currently the General Manager of Financial Management Department of COSCO SHIPPING, a Non-executive Director of CSCL and a Director of COSCO SHIPPING Bulk Co. Ltd. Mr. CHEN previously served as the Deputy Head of Risk Control Section under the Planning and Finance Department of China Shipping (Group) Company, Deputy Head of the Finance Section under Planning and Finance Department of China Shipping, Senior Manager of Finance and Taxation Management Office of China Shipping, Assistant to the General Manager of the Finance Department of China Shipping and the Deputy General Manager of the Finance Department of China Shipping. Mr. CHEN has nearly 20 years of working experience in shipping enterprises and has extensive experience in risks control, taxation management and finance. Mr. XU Zunwu is currently an Executive Director, General Manager and Deputy Party Secretary (in charge of the general affairs) of China COSCO. He previously held positions at various subsidiaries of the controlling Shareholders, including the Deputy General Manager of Guangzhou Ocean Shipping Company, the Deputy General Manager of China COSCO Bulk Carrier Co. Ltd., Deputy General Manager and Managing Director of COSCO (Hong Kong) Shipping Co. Ltd., Vice President of COSCO (Hong Kong) Group Ltd., Managing Director of COSCO (Hong Kong) Shipping Co. Ltd., the General Manager of Shenzhen Ocean Shipping Co. Ltd., the Managing Director of China COSCO Bulk Carrier Co. Ltd., the Vice Chairman and Managing Director of China COSCO Bulk Shipping (Group) Co. Ltd., and Deputy General Manager and Acting General Manager of China COSCO. Mr. XU has over 30 years of experience in the maritime industry and has extensive experience in corporate operation management. Prof. CHAN Ka Lok is currently the Dean of The Chinese University of Hong Kong Business School. He is also a member of a number of committees, including the Hang Seng Index Advisory Committee, Hong Kong Housing Authority, Hong Kong Monetary Authority Financial Infrastructure Sub-Committee and Hong Kong Tracker Fund Supervisory Committee, and an Independent Non-executive Director of GF Securities Co. Ltd. Prof. CHAN has been Chairman of the Organising Committee of the Outstanding Financial Management Planner Awards of The Hong Kong Institute of Bankers since 2009. He was the Chair Professor of Finance and Acting Dean of the Hong Kong University of Science and Technology. He was also Head of HKUST's Finance Department from 2003 to 2013 and the President of Asian Finance Association from 2008 to 2010.
COSCO SHIPPING Ports Limited to Report Q3, 2016 Results on Oct 26, 2016
Oct 13 16
COSCO SHIPPING Ports Limited announced that they will report Q3, 2016 results on Oct 26, 2016
COSCO SHIPPING Ports Limited, Board Meeting, Oct 26, 2016
Oct 13 16
COSCO SHIPPING Ports Limited, Board Meeting, Oct 26, 2016. Agenda: To approve the unaudited third quarter results of the company and its subsidiaries for the nine months ended September 30, 2016 and its publication.