Global Sources Ltd. has promoted Connie Lai, 36, to CFO. She is scheduled to assume the role effective August 1, 2010 from Interim CFO Eddie Heng, who plans to continue serving on the board of directors of the company. Lai will report directly to chairman and CEO Merle A. Hinrichs.
Lai joined Global Sources in June 2007 as financial controller, Hong Kong & China. Prior to joining Global Sources she was chief financial officer and an executive director of HC International, Inc., a Hong Kong listed company. Earlier in her career, she spent over four years with PricewaterhouseCoopers Hong Kong. Ms. Lai graduated from the Chinese University of Hong Kong with a bachelor's degree in professional accountancy. She is also a Fellow Member of the Hong Kong Institute of Certified Public Accountants and a member of the Association of Chartered Certified Accountants in the United Kingdom.