Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, has appointed Gareth Kung as CFO, effective December 1, 2009.
Kung joins Solarfun from Semiconductor Manufacturing International Corporation where he first worked as group treasurer and subsequently as group controller, primarily in charge of treasury and financing operations, financial reporting and planning, budget control, Sarbanes-Oxley compliance and PRC and international tax planning. Prior to that, Kung served as an investment manager at AIG Investment Corporation in Hong Kong, where he was responsible for the origination, structuring and execution of private equity transactions in the Asia Pacific region.
From 1997 to 2000, Kung worked in the corporate banking and capital markets division of ABN Amro Bank N.V., where he executed debt financed transactions for corporations based in Hong Kong and China. Kung worked at UOB Asia Limited from 1995 to 1997 and executed IPO and M&A transactions for Hong Kong-based corporations. Between 1987 and 1993, Kung held positions as a senior internal auditor at the Royal Bank of Canada and senior auditor at Pricewaterhouse Coopers.
Kung earned his MBA from The University of Western Ontario and his bachelor degree in Accountancy from National University of Singapore. He is a Certified Public Accountant in Hong Kong, Australia and Singapore as well as a Fellow of Association of Chartered Certified Accountants. In addition, he is a Chartered Financial Analyst.