China COSCO Holdings changes CFO amidst turmoil
Hong Kong and Shanghai-listed China COSCO Holdings Company has appointed new financial chief Tang Runjiang to replace Feng Jinhua amid an anti-graft probe into the loss-making conglomerate.
Tang Runjiang (pictured) took over as CFO at China’s largest bulk shipping company, China COSCO Holdings, on November 29. He replaced Feng Jinhua, who resigned due to a new job arrangement, according to the company’s statement filed with Hong Kong and Shanghai stock exchanges.
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