China Everbright Water appoints new CEO, sets up sustainability committee

[SINGAPORE] Water environmental management company China Everbright Water has appointed Xiong Jianping, 46, as its chief executive officer and executive director. He succeeds Tao Junjie, 59, who stepped down from both positions.

The company also announced on Thursday (Jul 24) the establishment of a sustainability committee under its environmental, social and governance (ESG) management. The committee will assess and make recommendations to the board on issues linked to the group’s sustainability and ESG performance, with Xiong as the chairman.

Xiong was previously general manager of the operation, safety and environmental management department of China Everbright Environment Group.

Tao was CEO for nearly four years, having been appointed in October 2021. He was previously general manager of the department of safety and environmental management at Everbright Environment and vice-president of China Everbright Water.

China Everbright Water focuses on water environment management, including raw water protection and municipal waste-water treatment, and has a daily water treatment capacity of 7.6 million cubic metres. It operates in 13 provinces in China and also has a business presence in Mauritius.

Shares of China Everbright Water ended Thursday flat at S$0.24.