China Valves Technology Inc. announces new CFO

China Valves Technology, Inc., a Chinese metal valve manufacturer, has appointed Gang Wei as its new chief financial officer. Wei will replace Renrui Tang, who has served as interim CFO since June 2010. Tang will remain with China Valves as financial controller.


From February 2010 until December 2010, Wei was chief financial advisor for State Grid International Development Ltd.. His main responsibilities included international and domestic M&A advisory, annual budgeting, financial reporting processes, develop consulting functions, and relationship management.


Between September 2007 and February 2010, Wei was the London-based treasury manager of EMEA and America for Brambles Limited, a global business service group headquartered in Sydney, Australia that operates in over 45 countries and is listed on the ASX under the ticker symbol BRB. Among other responsibilities, he managed the financial reporting and financial control function for 10 entities located in the region. He was also responsible for budgeting, financial forecasts.


From June 2004 to September 2009, Wei was the senior accounting manager for Kazakhmys Plc, a FTSE100 company headquartered in London that operates in mining, natural resources, energy and manufacturing. From February 2001 to September 2002, Wei was the CFO of Coastal Industrial Group. Between November 1997 and January 2001, Wei worked as finance manager for China Laurel Group Ltd., a real estate company based in Shanghai.


Wei received a doctorate degree in finance from Cardiff Business School of Cardiff University in June 2004, a master's degree in accounting from Shanghai University of Finance and Economics in January 1999, and a bachelor's degree in accounting from Sichuan University of Science & Engineering in July 1997. He received his China CPA certificate in 2001, the ACCA certificate and CFA designation in 2004, and the Hong Kong CPA certificate in 2009.

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