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CHINA: China Water & Drinks appoints CFO

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China Water & Drinks has confirmed the appointment of a new CFO.

Joseph Chan will assume the position at the Chinese producer and distributor of purified bottled water from 20 August, the company said today (9 August).

"I am very pleased to be a part of an exciting company that is in the early stage of an aggressive growth strategy," said Chan. "I look forward to adding my experience and expertise to an already impressive management team."

Xinghua Chen, CEO of China Water & Drinks, added: "Mr. Chan brings strength in leadership, international experience and corporate finance to China Water and Drinks. He has in-depth accounting experience and will contribute broadly to our finance, operations and business strategy.

"We are delighted to have Mr. Chan as part of our management team as we build a leading purified bottled water company in China."

Although the company did not detail where Chan is joining the firm from, it was noted that he has spent 14 years working in the financial sector, including spending time with both US and Asian multinational corporations.

Last week, CWDK said it has signed a government contract to construct a bottled water plant in Jilin Province. The plant will be built in the Jiutai Economic Development Zone in Changchun and cost an estimated US$6m.


Sectors: Soft drinks, Water

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