Daqo New Energy, a polysilicon manufacturer based in China, has announced its chief financial officer (CFO), Jimmy Lai, will leave the company to pursue other professional interests at the end of November 2011. The company is initiating a search for a successor. The current financial controller, Shihua Su will act as acting CFO until a successor is on board.
Lai joined Daqo in September 2009 and has made important contribution for the company’s growth and development, including completing the private fund raising in November 2009 and guiding the company through its successful initial public offering (IPO) in October 2010.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.