Treasury appointments, October 26

A round-up of the latest CFO and treasurer moves from around the region.

China Yurun Food Group: Lee Wing Sze has been made vice-president of the Hong Kong-based chilled and frozen meat company, stepping down from her previous positions as chief financial officer and company secretary on October 22. Lui Chi Ian will be appointed company secretary to replace Lee on December 1; the company is still searching for a new CFO.

Fushi Copperweld: The China-based bimetallic wire products producer appointed Craig H Studwell as CFO on October 19. He replaced Christopher Wenbing Wang who resigned as interim CFO, but will continue in his role as president and director. Studwell has more than 35 years of experience in banking and corporate finance in Asia, Europe and the US and holds a bachelor of science degree in finance from New York University.

Hyperion Asset Management: Ian Harrison was appointed to the newly created CFO position of the Australia-based boutique equity fund manager on October 25.  He has more than 33 years of finance experience and holds a bachelors degree in accounting. In addition he maintains professional associations with Certified Public Accountants and Chartered Secretaries in Australia.

Lippo-Mapletree Indonesia Retail Trust: The Singapore-based trust focused on real estate properties in Indonesia announced the appointment of Alvin Cheng as CFO on October 19. Cheng has been acting as CFO since October 1 and was most recently chief executive and executive director at PST Management.

Maoye International Holdings: Wang Bin was appointed CFO of the Hong Kong-based investment holding company engaged in the operation and management of department stores in China on October 20. He replaced Wang Guisheng who resigned on the same day. Wang Bin has more than 20 years of financial management experience and holds a bachelor degree in finance and accounting from Shanghai Maritime University and a master of business administration from Murdoch University.

QKL Stores: The northeast China-based regional supermarket chain appointed Tsz Kit Chan as CFO on October 21. He replaced Crystal Chen who resigned three days prior to Chan’s appointment. Chan has more than 10 years of finance and accounting experience and was most recently a partner at Hong Kong-based Albert Wong and Company. He holds a bachelor degree in accounting from Hong Kong Polytechnic University and a master of business administration from the Chinese University of Hong Kong. In addition he is a member of the American Institute of Certified Public Accountants and a member of the Association of Chartered Certified Accountants and a fellow member of the Hong Kong Institute of Certified Public Accountants.

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