COSCO Corp (Singapore)’s president and executive director Jiang Li Jun has left his post in what the company has described as a routine “rotation”.

    He has been replaced as president by Wu Zi Heng, an executive director of the Singapore-listed shipyard, which is an arm of China’s Cosco shipping conglomerate. The changes are effective immediately.

    According to a company statement, Mr Jiang ceases immediately to be a member of the Cosco Corp (Singapore) board’s remuneration, nominating, risk management and strategic development committees and will be replaced on these committees by Mr Wu. Mr Jiang retains his post as vice-chairman of the board and is reassigned as a non-executive director of Cosco Corp (Singapore). 
 

source:asiasis