Cosco president steps down

Cosco president steps down

The president of China Cosco Holdings, the Hong Kong-listed flagship of the Cosco empire, has resigned.

Jiang Lijun stepped down as president and executive director after four years in the post, the company said, because he had reached retirement age.

Xu Zunwu will replace Jiang in the top job, starting today. Xu had been the deputy general manager of the company, as well as overseeing most of the conglomerates dry bulk businesses.

Cosco is expected to announce merger plans with China Shipping within the next month, something that will bring a further significant overhaul of senior management at both companies.

 

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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