China Telecom chief moves to China Mobile
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China Telecom announced that Yang Jie (pictured) has resigned from his role as chairman of parent company China Telecom Corporation, and has been re-designated as chairman of China Mobile Communications Group.
Yang has also resigned from his positions as executive director, chairman and CEO of Hong Kong-listed China Telecom Limited, due to the change in work arrangement, according to a company announcement released last week [pdf].
He replaces Shang Bing, who is stepping down as chairman of China Mobile upon reaching retirement age.
Shang, a former vice minister of the telecom watchdog, the Ministry of Industry and Information Technology (MIIT), was appointed the chairman of China Mobile in September 2015 when the Beijing government reshuffled the heads of the country’s three state-owned telecom carriers.
In a statement, China Mobile acknowledged Shang’s outstanding contributions to the company with “the highest regard and deepest gratitude”.
The changes take effect on March 4, 2019.
Yang was chairman and CEO of China Telecom since May 2016 and previously served as the company’s president and COO. China Telecom hasn’t yet made any announcement on Yang’s replacement at the company.
Questions & Answers
Q.Why has Yang Jie moved from China Telecom to China Mobile?
Why has Yang Jie moved from China Telecom to China Mobile?
Yang Jie resigned from China Telecom due to a change in work arrangement and has been re-designated as chairman of China Mobile Communications Group.
Q.When did the leadership changes at China Mobile and China Telecom come into effect?
When did the leadership changes at China Mobile and China Telecom come into effect?
The changes regarding Yang Jie's move to China Mobile and Shang Bing's retirement took effect on March 4, 2019.
Q.What was Shang Bing's previous role before becoming chairman of China Mobile?
What was Shang Bing's previous role before becoming chairman of China Mobile?
Before his appointment as chairman of China Mobile in September 2015, Shang Bing was a former vice minister of the telecom watchdog, the Ministry of Industry and Information Technology.
Q.Has China Telecom announced who will replace Yang Jie as chairman?
Has China Telecom announced who will replace Yang Jie as chairman?
No, China Telecom has not yet made any announcement regarding Yang Jie's replacement at the company.
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