Gao Yonggang Replaces Gareth Kung as SMIC CFO

Semiconductor Manufacturing International Corporation announces that Dr. Gao Yonggang, the Executive Vice President of Strategic Planning and an executive Director, has been appointed as the Chief Financial Officer of the company with effect from 17 February 2014.

 

Dr. Gao will have the company's overall financial and accounting responsibilities.

 

Dr. Gao was appointed as a non-executive Director in 2009 and has been re-designated as an executive Director since 17 June 2013.

 

Prior to joining the Company in 2013, Dr. Gao was the CFO of the China Academy of Telecommunications Technology (Datang Telecom Technology & Industry Group), the Chairman of Datang Capital (Beijing) Co., Ltd. and Datang Telecom Group Finance Co., Ltd., and an executive director of Datang Hi-Tech Venture Capital Investment Co., Ltd.

 

He was also a director and the Senior Vice President of Datang Telecom Technology & Industry Holdings Co., Ltd.. Dr. Gao graduated from Nankai University with a Ph.D. in management. He is a standing committee member of Accounting Society of China and also a fellow of the Institute of Chartered Accountants in Australia.

 

Upon Dr. Gao’s new appointment, Gareth Kung has ceased to act as the CFO of the Company and has been re-designated as an Executive Vice President of Finance of the Company assisting CFO, Dr. Gao, with effect from 17 February 2014 and will continue to act as the Company Secretary of the company.

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