June 10, 2010
China Organic Agriculture appoints new chairman and CEO
China Organic Agriculturehas announced the election of Kyle Jiang as its new Chairman, and Qian Qi as its new Chief Executive Officer; effective on Wednesday (June 9).
Both Jiang and Qi will replace Jingsong Li, who is no longer with China Organic Agriculture, as Chairman and Chief Executive Officer.
Jiang previously served as Banking Investment Director at Shenzhen Careall Capital Investment. He was in charge of a variety of significant investment projects, including the US$18 million fund raising for Bo Run Industrial in Shangdong, and assisted in the acquisitions of Shenzhen Skyrise Technology and China Security & Surveillance Technology, and the capital restructuring of SiKeDa.
Qi served as a senior manager for various international companies, including as Vice President of Great China International Group (China) Ltd., General Manager of Heji Huangpu Yantian Port Holdings Ltd., and as General Manager of the Chinese Division of Yantian International Container Terminals Limited.
Upon his election, Qi stated that China''s economic growth and the increased disposable income of its citizens mean that the demand for agricultural products will become more diverse, an attractive situation for China Organic Agriculture''s trading operations.
Additionally, he expects that the health-related products of the company''s recently acquired Changbai business will enable it to further participate in this growth.