The Business Times

China Aviation Oil appoints new executive chairman

Elysia Tan

Elysia Tan

Published Fri, Dec 1, 2023 · 07:11 PM
    • The new appointment is in line with the company's aim of deepening the group's senior management leadership.
    • The new appointment is in line with the company's aim of deepening the group's senior management leadership. PHOTO: CHINA AVIATION OIL

    JET fuel trader China Aviation Oil (Singapore) on Friday (Dec 1) announced that its executive chairman Gong Feng is stepping down, and will be replaced by Shi Yanliang from Dec 15.

    Gong, who is 58 years old, took up the board position in 2020. His successor, 52-year-old Shi, was the chairman of China National Aviation Petrochemicals Pipeline prior to the new appointment. He has also served as general manager at China Aviation Oil Import & Export.

    The change in leadership “is in line with the company’s key objectives of deepening the group’s senior management leadership”, said China Aviation Oil.

    Shares of the company closed at S$0.855 on Friday, down S$0.01 or 1.2 per cent, before the announcement.

    china aviation oil

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More