JES appoints CEO’s mother as chairman

JES appoints CEO’s mother as chairman

Shanghai: Singapore-listed Chinese shipbuilding company JES International has announced that the board has appointed Chu Caixia as non-executive chairman of the company.

Chu is the mother of JES’s ceo Jin Yu, who took over her father, Jin Xin’s position of ceo in the company in March. Jin Xin resigned due to health issues.

JES said Chu is well connected to government officials in China and the company wishes to tap on her extensive experience in dealing with government authorities to advise the company on its relevant dealings.

Financially troubled JES’s application for a restructuring was rejected by Taizhou Intermediate People’s Court this week. It has now submitted an appeal to the Jiangsu High Court.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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