The World Cement Association (WCA) has announced that its president, Song Zhiping, has been elected as Chairman of the China Association for Public Companies (CAPCO). In this role, he will lead CAPCO on its work to improve the quality of listed companies, as well as driving the enhancement of the overall regulation of China’s capital markets.
Song Zhiping has more than 40 years of business and management experience in China’s building material industry, and 33 years of experience in helming large-scale enterprises. He is currently President of the WCA, Chairman of the China National Building Materials Group Corp. Ltd, President of the China Enterprise Reform and Development Society, and Academician of the World Academy of Productivity Science.
CAPCO is a national self-regulatory and non-profit social organisation incorporated by publicly listed companies and relevant entities in accordance with the Securities Law of the People’s Republic of China.
“WCA President Song Zhiping is a highly respected figure in the industry and his experience and insight will be invaluable as Chairman of CAPCO,” said Ian Riley, CEO of the WCA. “Like the WCA, CAPCO is a strong promoter of sustainable business and has signed up to the 10 principles of the UN Global Compact with respect to human rights, labour, environment, and anti-corruption.”
“I am delighted to be supporting CAPCO’s efforts to facilitate the standardised regulation of capital markets and provide a platform of high-level services to the development requests and interests of its members,” said Song Zhiping. “I look forward to sharing ideas with CAPCO representatives on how to further promote sound corporate governance and culture.”
Read the article online at: https://www.worldcement.com/asia-pacific-rim/10072019/song-zhiping-elected-as-chairman-of-china-association-for-public-companies/
You might also like
The company's operating result has risen to a record level – group revenue is at €21.2 billion (+4%), with the result from current operations (RCO) at €3.0 billion (+29%).