Mindray Appoints Jie Liu as CFO

Mindray Medical International, a developer, manufacturer and marketer of medical devices, has appointed Jie Liu as chief financial officer (CFO), effective 30 April 2011. He succeeds Ronald Ede, who will step down from the role of CFO to pursue other personal interests. Ede will remain with Mindray as a director on Mindray’s board and will act in an advisory capacity to Liu to ensure an orderly transition. Liu will remain as Mindray’s chief operating officer (COO) at the same time.

Liu has served as COO since August, 2008. Previously, he served as executive vice president (EVP) of international sales and marketing since 2007 and vice president of international sales and marketing since 2005. Prior to joining Mindray, Liu worked in sales, marketing and product management roles with Hewlett-Packard (HP) and Johnson&Johnson. He holds an MBA degree from the University of Michigan, an MS degree from the Chinese Academy of Science, and a bachelor’s degree in Engineering from Zhejiang University.

Liu has played a leadership role in taking Mindray from a private company mainly operating in China to a truly global organisation with an increasingly internationalised talent base.

Mindray is also pleased to announce that Alex Lung, group finance director, and May Li, group finance and investor relations (IR) director, will be promoted to deputy CFOs.

Lung has served as group finance director since June, 2009. Prior to joining Mindray, he held a position as corporate controller of ASAT Holdings; and as finance manager of Clipsal Asia Holdings, a subsidiary of Schneider Electric. Lung has 10 years of professional experience at KPMG engaged in auditing, corporate finance and management consulting. He graduated from Imperial College, UK with a bachelor’s degree in Mechanical Engineering. He is also an associate member of City & Guilds and a fellow member of the UK Association of Chartered Certified Accountants (ACCA).

Li has served as group finance director since December, 2010. Previously, she served as group IR director and manager since 2007. Prior to joining Mindray, Li worked as assistant vice president (AVP) at Financial Dynamics, a UK financial communications consultancy in Hong Kong. She spent earlier years in her career with Proctor & Gamble in Shanghai as a management trainee. Li graduated from School of Law, Peking University with a bachelor’s degree in Sociology. She is also a member of the National Investor Relations Institute of USA.


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