China Aviation Oil names Wang Yanjun to replace long-time CEO Meng Fanqiu

CHINA Aviation Oil (Singapore) Corp has appointed executive director Wang Yanjun as chief executive officer to replace Meng Fanqiu, who is stepping down after 10 years to take on another role within the parent company.

China Aviation Oil, a jet fuel trading company, said that Mr Wang's appointment will be effective Wednesday.

Like Mr Meng, Mr Wang is a long-time employee of the China National Aviation Fuel (CNAF) Group, which controls China Aviation Oil.

Mr Meng, who was a secondee of CNAF, will take on another role within CNAF, China Aviation Oil said.