Executive Moves

Leo Tsoi will be promoted to CEO of Starbucks China on October 1. Tsoi had already driven the coffee chain’s expansion in China to its current 5,200 stores as COO. With Tsoi’s promotion, Molly Liu is being appointed the new COO of Starbucks China, whilst Belinda Wong will continue to serve as Chairman of Starbucks China, focusing […]

Francois-David Martino has succeeded Dr. Thilo Theilen as CEO of Becker Stahl Service (BSS). Until June, Martino headed China affairs of the Italian plant engineering company Danieli. After studying mechanical engineering, he worked for Thyssenkrupp and Siemens, among others. Yu Yongfu will be the new CEO of Alibaba Local Services. The division combines services such […]

Wan Gyn Ang, the former CEO of advertising agency Carat China, will be the new senior vice president of Brainlabs Digital Marketing in Singapore. Ang was responsible for providing data-driven communications strategies and transformative work in Shanghai, Beijing and Guangzhou at Carat China. Brainlabs had opened its first Asia Pacific office in Singapore earlier this […]

Peter Löhnert has joined US investment giant Blackrock in Hong Kong as the new head of index funds for Asia-Pacific. Löhnert has already been working for Blackrock for ten years. Most recently, he was working in London. He began his financial career at Commerzbank in Frankfurt.Zou Jiayi is the new Vice Secretary of the Communist […]

Diana Cesar will take over as CEO of Hang Seng Bank Ltd. on Sept. 1. Cesar had previously led HSBC’s Hong Kong operations as CEO. She will succeed Louisa Cheang. Cesar had first joined HSBC in Hong Kong in 1999, working in sales and product development, and has since held leadership roles in Marketing, Cards […]

Joaquin Duato is to become the new CEO of pharmaceutical and consumer products giant Johnson & Johnson in early January. Duato also holds a position on the board of directors of the Tsinghua University School of Pharmaceutical Sciences. He is very well-connected in Beijing.Joe Cheng is the new CEO of Hong Kong life and health […]

Hui Ka Yan, the founder of troubled real estate group Evergrande, is stepping down as chairman of Hengda Real Estate. Hui is thus drawing the consequences of a series of failed ventures on the financial market. Hengda is the most important part of the Evergrande company network in the People’s Republic. He is succeeded by […]

Miklas Hick has returned from Daimler China to Mercedes-Benz AG in Stuttgart. In Beijing, he worked in Material Cost Optimization. At headquarters, he now is responsible for cost planning for chassis production.Sabrina Platzek has moved from Ludwigshafen to Hong Kong at BASF. She is now Vice President of Business Management Automotive OEM Coatings Solutions Asia […]

Dennis Spindler has moved from Volkswagen’s headquarters in Wolfsburg to Volkswagen (China) Investment in Beijing, working in the Department of Integrity and Compliance. Spindler previously worked in Controlling and Organizational Development.Clarence Chan transferred from Canadian securities company BMO Global Asset Management to China Asset Management in Hong Kong. He will be responsible for the further […]

Allen Lee will become one of the CEOs of Shanghai Biren Intelligent Technology, a developer of AI chips. The company headhunted Lee from the Chinese research division of US chipmaker AMD. Lee had worked for AMD for 19 years.Zheng Shaoping is stepping down as chairman of Antong Holdings 安通控股, a logistics service provider. The 58-year-old […]