Huaan seeks new CEO to turn fortunes around

Nov 1, 2009

The Shanghai-based fund management company is searching the globe for a new business leader to return it to the top of the industry ladder.

Shanghai-based Huaan Fund Management, one of the so-called 'old 10' fund houses that founded the Chinese fund management industry in 1998 and now boasts Rmb80 billion ($11.73 billion) in assets under management, is in a global recruiting drive for a new CEO. The hire will replace current CEO Yu Miangen, who will remain at Huaan on an interim basis but will gradually step back from active duty to a non-executive chairman role.

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