CAO appoints new chairman as incumbent retires

CHINA Aviation Oil (Singapore) Ltd said on Tuesday that its non-executive chairman Sun Li is stepping down and will be replaced by Lin Wanli, who is nominated by CAO's parent company.

Mr Li is also retiring from his role as party secretary of the parent company China National Aviation Fuel Group Corporation.

Incoming chairman Mr Lin was the general manager of China Railway Materials Group Corporation as well as the chairman of China Railway Materials Company Limited since 2014. He has been party secretary of China Railway Materials Group since September 2013.

From December 2006 to August 2013, Mr Lin was the deputy party secretary, secretary of the disciplinary committee as well as the union president of China Northern Locomotive & Rolling Stock Industry Group Corporation, a state-owned enterprise.