Bao Fan steps down as China Renaissance CEO
The move comes after a probe from the Chinese authorities.
Koichiko
The move comes after a probe from the Chinese authorities.
February 02, 2024
China Renaissance's Bao Fan has resigned as executive director, the chairman of the board, the chief executive officer CEO, the chairman of the nomination committee, the chairman of the executive committee and member of the remuneration committee with effect from February 2, 2024, according to an announcement from the company's board of directors.
The reason was cited as “health reasons” and to spend more time on his family affairs, according to a Hong Kong Stock Exchange HKEX filing on the same day.
Bao said that he has no disagreement with the board and there is no other matter relating to his resignation that...
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