1 Jun 2009 07:00
1 June 2009 GEONG International Limited ("GEONG" or "the Company") Appointment of CFO
GEONG International Limited (AIM: GNG), the AIM listed China based provider of enterprise content management (ECM) software and solutions, is pleased to announce the appointment of Amit Navinchandra Thakar as Chief Financial Officer and Company Secretary with effect from 1st June 2009. Based in GEONG's Beijing office, Amit will be relocating from the UK to Beijing in July 2009.
Amit is a qualified Management Accountant with an MBA in Finance from City University London and is an Associate member of the Chartered Institute of Management Accountants. In his role as CFO, Amit will oversee all financial aspects of the Company, reporting to CEO Wang Weidong and the Board of GEONG.
Amit, aged 54, has over 14 years experience working in the City of London. From April 2004 until November 2008 he was a Director of Research at Seymour Pierce, where he focused on small and special situation stocks. Prior to joining Seymour Piece, Amit was Head of Research for Deutsche Bank equities where he covered the conglomerate sector, and before this he worked as a Strategist for four years with SG Securities for Asia, both based in Singapore. Prior to working in Singapore, Amit was a Research Accountant at ABN Amro Hoare Govett for 6 years, focusing on thematic accounting issues for the UK market.
Before joining the City, Amit spent more than 9 years as a Management Accountant at several companies including Albany Life, Davies & Newman, Shearson Lehman and Deutsche Bank Capital Markets. He also lectured candidates studying for the CFA exam in Singapore.
Wang Weidong, CEO of GEONG International Limited, commented, "We are delighted to welcome Amit onto the management team of GEONG. His extensive abilities as both an economist and accountant will be of great benefit to us going forward, as we seek to capitalise on the significant opportunities available to us within the Chinese market. Furthermore, the considerable experience he brings with him from working in the City of London will be invaluable to us as a UK listed Company."
For further information, please contact:
GEONG International Limited www.geong.com Tel: +86 10 5222 0999Henry Tse, Chairman Weidong Wang, CEO Amit Thakar, CFO Seymour Pierce Tel: +44 (0)20 7107 8000John Depasquale ICIS Tel: +44 (0)20 7651 8688Bob Huxford Hilary Millar
About GEONG International Limited
Operational since 2000, GEONG specialises in collaboration and content management software and services. Its products are specifically tailored for the Chinese market, where the Company is recognised by Government agencies and numerous blue chip clients as a leader in its field. GEONG was named The Most Successful Enterprise in ECM Software in China 2007 to 2008 by China's Centre for Information Industry Development and CCID Consulting; and one of the fastest growing companies in Asia at the Deloitte Technology Fast 50 China and Deloitte Technology Fast 500 Asia Pacific awards. The Company has recently expanded into North America setting up operations in Canada.
Registered in Jersey, the Company's operations are headquartered in Beijing. The Company's shares were admitted to AIM in June 2006 and trade under the ticker GNG.L
For more information, please visit www.geong.com
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