Singapore-listed shipbuilder JES International Holding has appointed a new vice-CEO Wu Wei to assist the company’s board of management.
JES cited in its filing to the Singapore Exchange (SGX) that the new appointment holder will execute the decision made by the board of management for meeting sales targets, handling production and purchasing, and optimising the company‘s operation.
In addition, the appointment holder is required to monitor, review, and employ subordinates, making annual plans for operation and budgets, as well as to maintain good relationship with clients, investors, suppliers, and government departments.
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“Wu Wei as a key appointment holder over the span of his career has garnered extensive experience, which would allow him to contribute to the company, and through his years of conducting business, Wu Wei has built up an extensive network of business contacts, which the company will be able to tap on and benefit,” said JES in the corporate statement in SGX.
Recently, JES has seen several changes in its management board. Jin Xin, the former CEO had tendered his resignation in May due to health issues. His role of CEO has since been passed to Jin Yu, the incumbent CEO of JES and the daughter of Jin Xin. Shortly after, the company has appointed Chu Caixia as its non-executive chairman by the end of May. Chu is the mother of Jin Yu.