Deng Huangjun New CFO for China Cosco

Maritime Activity Reports, Inc.

March 15, 2016

Pic: China COSCO Holdings Co

Pic: China COSCO Holdings Co

 China Cosco Holdings has appointed Deng Huangjun as its new chief financial officer, after his predecessor Tang Runjiang resigned. Deng, 53, is also a director and deputy managing director at Cosco Pacific. 

 
 Tang Runjiang has resigned with effect from 14 March 2016 due to change in job arrangement, informs a statement from the company.
 
Tang Runjiang has confirmed that he has no disagreement with the Board, and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company.
 
The Company expresses its sincere gratitude to Tang Runjiang for his valuable contributions as chief financial officer of the Company during his term of office.
 
Deng Huangjun, aged 53, is currently a director and deputy managing director of COSCO Pacific Limited, a non-wholly owned subsidiary of the Company.
 
He had previously been the section manager of the cost section of finance department of Shanghai Ocean Shipping Company, the deputy manager of finance department of COSCO Container Lines Company Limited (COSCON), the manager of the settlement division, the deputy general manager and the general manager of finance and accounting department of and the chief financial officer of COSCON. 
 
Deng graduated from Shanghai Maritime Transportation Institute, majoring in shipping accounting. He is a senior accountant.
 
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