Biostar Pharmaceuticals, Inc. has engaged Zack Zibing Pan as its new Chief Financial Officer effective April 7, 2011. The appointment followed resignation of Deyin (Bill) Chen, the company's previous CFO.
Prior to this appointment, Pan served as an independent member of the Board and the Chairman of the Audit Committee of the Board of Directors of the Company and, consequently, had to step down as a Board and Audit Committee member in order to be engaged as the company's new CFO.Pan has over ten years of accounting and finance experience. Previously, he was Chief Financial Officer of China Education Alliance, Inc., where he was appointed in August 2009. Prior to that, Pan was an audit manager with Eide Bailly CPAs & Business Advisors at its Oklahoma City office, where he has been employed since September 2005. From September 1998 to September 2005, Pan was a statistical analyst and economist with the State of Oklahoma. Pan graduated with a Master of Business Administration from the University of Central Oklahoma in 1999. Pan holds a Bachelor of Arts degree from Anhui University, China (1988). He is a Certified Public Accountant, certified by the Oklahoma State Board of Accountancy and member of American Institute of Certified Public Accountant and Oklahoma Society of Certified Public Accountants.