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Wang Jianzhou (GUO DAYUE) |
Li Yue (FILE) |
Wang Jianzhou was appointed as chairman of the newly established board of directors of the China Mobile Communications Corp. (CMCC) on May 31. Li Yue, a former deputy of Wang, has taken over as the company's president. CMCC is the state-owned parent of China Mobile Ltd., the world's largest mobile operator with 539 million subscribers at the end of March.
Wang, 61, began to serve as president of the CMCC in November 2004. He is also chairman and chief executive officer of China Mobile Ltd. Last month, he was awarded this year's World Telecommunication and Information Society Award by the International Telecommunication Union for contributions to the digital revolution.
Li, 51, has been engaged in the telecommunications industry for 34 years. He is also executive director and vice president of China Mobile Ltd., overseeing legal, marketing and data matters.
Since Wang has reached the mandatory retirement age of 60 for senior executives of state-owned enterprises, Li is expected to succeed Wang as chairman and chief executive officer of China Mobile Ltd. The New York- and Hong Kong-listed company, however, has declined to comment on whether changes were planned. |