On the move
Zhu Tong to lead Deutsche in China
Deutsche Bank (China) Co Ltd has appointed Zhu Tong as its new president. She will lead the long-term strategic development and management. Since 2003, she has worked as the bank’s chief operations officer, head of financial institution business department, general manager and vice-chairman of China. Gao Feng, chairman of Deutsche Bank (China), said Zhu is very familiar with the company’s corporate culture and operations in China.
Liang Jun, CEO of China’s videostreaming website LeTV.com, has reportedly quit in late October. Liang said he was at home refreshing himself. More details are expected to be updated on the company’s website soon. Liang joined LeTV.com in 2012 as in-charge of the television business, whose sales reached about 7 million units by 2016. He became general manager in May after Jia Yueting, founder of LeEco, the parent enterprise of the website, resigned due to financial crisis. Before joining LeTV, Liang worked with Lenovo, a computer and smartphone manufacturer, for 17 years.
Chen Xiaoqing, chief director of the documentary A Bite of China, has finally left China Central Television. He was said to have tendered his resignation way back in March 2016 but it was finally approved recently. Though many videostreaming websites invited Chen to join after the documentary won popularity both at home and abroad, he said he wants to focus on shooting films instead of sitting in office. Chen will bring his old team back to start their own business in documentary production. Their first project is related to food and will seek cooperation with foreign partners.
Gert Volker Hildebrand, vicepresident and chief designer of carmaker Qoros, resigned in late October. He is one of the four major executive managers with a global background to have joined Qoros at the time of its establishment. After joining, he designed the car’s brand logo. Before that, he was design director of the MINI series of automaker BMW. Qoros’ sales reached 9,600 units from January to August, lower than the monthly sale of some major vehicles. The company said it would continue his German-style design with more consideration for the taste of Chinese customers.
BabyCare, which develops, manufactures and directly sells nutritional products, appointed Shi Binhai as its president. BabyCare is a subsidiary of US-based health products supplier Usana. Shi will be in charge of business development and operations in China. Before joining BabyCare, Shi gathered 18 years of experience as executive manager in the direct selling business, including at companies such as Tiens Group Co Ltd, where he once led the global business and established its European headquarters in Berlin as regional president. Nie Huaiyu, executive vicepresident of Usana Greater China, said Shi was expected to help improve competitiveness and profits of BabyCare.