CWT International co-chair resigns

Wednesday, September 30, 2020

CWT International (0521) under the HNA Group announced that Zhu Weijun will resign as an executive director and the co-chairman with effect from October 1

He will be succeeded by Wu Hao, the former chief financial officer of Hong Kong Airlines. Wu, 41, joined HNA Group in 2001 and had worked as deputy general manager of the finance department of Hainan Airlines. HNA Group holds a 51.26 percent stake in CWT and had paid HK$716 million for the company's debt restructuring earlier this month.