China: Tongfang Kontafarma has appointed Chai Hongjie as its chairman. He succeeds Huang Yu, who will become the company’s president. The company, through its subsidiaries, mainly manufactures and sells cement, clinker and slag, trades cement and provides technical services with operations in Shandong province and Shanghai.
Chai, aged 46 years, has experience in corporate management and strategic planning for business development. He is currently the chairman of the board of directors of Shenzhen Waranty and a director of Shenzhen Huakong Seg. Prior to joining Tongfang Kontafarma group, Chai held positions as chairman of the board, directors and senior management in various companies and organisations, including the Changzhi Division of China Banking Regulatory Commission, Shanxi Guoxin Investment Group, Zhonghesheng Capital, Shanxi Financial Investment Holding Group and Shanxi Guotou Sports Industrial Group.
Chai obtained a bachelor’s degree in Economics from Department of Finance, Shanxi Institute of Economics (now known as Shanxi University of Economics) in 1996. He was qualified as an intermediate accountant in 1997.
