Mindray Medical International Limited has appointed Jie Liu as chief financial officer (CFO) of the company effective as of April 30, 2011, succeeding Ronald Ede. Ede will step down from the role of CFO to pursue other personal interests. He will remain with Mindray as a director on Mindray's board and will act in an advisory capacity toLiu to ensure an orderly transition. Liu will remain as Mindray's Chief Operating Officer (COO) at the same time.
Liu has served as COO since August, 2008. Previously, he served as the Executive Vice President of international sales and marketing since 2007 and Vice President of international sales and marketing since 2005. Prior to joining Mindray, Mr. Liu worked in sales, marketing and product management roles with Hewlett-Packard and Johnson and Johnson. He holds an MBA degree from the University of Michigan, an M.S. degree from the Chinese Academy of Science, and a bachelor's degree in Engineering from Zhejiang University. Mr. Liu has played a leadership role in taking Mindray from a private company mainly operating in China to a truly global organization with an increasingly internationalized talent base.
Ede has served as Vice President of international operation and later Mindray's CFO since June 2008. He was appointed to Mindray's board of directors in September 2006.
Ede will continue to serve on Mindray's board of directors. Liu will immediately begin working closely with Ede in the transition period between now and April 30, 2011, when Liu takes on the CFO role. Ede will remain available in an advisory capacity after Liu takes the CFO position.
Mindray also announced that Alex Lung, Group Finance Director, and May Li, Group Finance and IR Director, will be promoted as Deputy CFOs.
Lung has served as Group Finance Director since June, 2009. Prior to joining Mindray, he held a position as Corporate Controller of ASAT Holdings Limited; and as Finance Manager of Clipsal Asia Holdings Limited, a subsidiary of Schneider Electric. Lung has 10 years of professional experience at KPMG engaged in auditing, corporate finance and management consulting. Lung graduated from Imperial College, London, UK with a bachelor's degree in Mechanical Engineering. He is also an associate member of City & Guilds and a fellow member of the UK Association of Chartered Certified Accountant.
Li has served as Group Finance Director since December, 2010. Previously, she served as Group IR Director and Manager since 2007. Prior to joining Mindray, Li worked as Assistant Vice President at Financial Dynamics, a UK financial communications consultancy in Hong Kong. She spent earlier years in her career with Proctor & Gamble in Shanghai as a management trainee. Li graduated from School of Law, Peking University with a bachelor's degree in Sociology. She is also a member of the National Investor Relations Institute of U.S.A.