China: Song Zhiping will step down as the director and the chairman of the board of directors of China National Building Material (CNBM). He will leave the posts at the company’s annual general meeting (AGM) in mid-June 2018. He will remain as chairman, and secretary of the Party Committee, of China National Building Material Group, the major shareholder of CNBM. Song Zhiping was appointed as chairman of the board of directors in 2005. Since then the company has become one of the largest building materials manufacturers in the world.
Other personnel changes include the departure of Guo Chaomin as director of the company and Xu Weibing will leave as supervisor and the chairman of the supervisory committee. Guo Chaomin has originally appointed as a non-executive director in 2011.
Proposed staff to be elected at the AGM include Peng Jianxin as executive director of the company, Xu Weibing, Shen Yungang and Fan Xiaoyan as non-executive directors and Li Xinhua and Guo Yanming as supervisors of the company.