The board of directors of South China Financial Holdings Limited announced that Dr. Wang Wei-Hsin has been appointed as the Chief Executive Officer of the company with effect from 3 May 2016. Dr. Wang, aged 50, has extensive management experience in the financial services industry. Prior to joining South China Group, he served as a chairman and chief executive officer of SinoPac Securities (Asia) Limited and was responsible for the business development and operations in Asia since 2009. Prior to that, he was chief Investment Officer for Japan CDW Group and chief financial officer of its Taiwan subsidiary, as well as having played significant roles in Yes-Asia.com and China Development Industrial Bank.