By Herman Lai, posted Mar 22, 2012 at 6:34 PM, 294 views,

China Mobile Chairman Wang Officially Retiring

China Mobile has officially announced Chairman Wang Jianzhou retires today and be replaced by vice-chairman Xi Guohua. Wang’s retirement is due to the reason of age. Wang was born in December 1948 in Wenzhou, Zhejiang. In 1999, he had joined China Unicom as the Chairman, General Manager and some other positions. Two years later, he appointed to be the chairman of China Mobile. In the past 9 years, Wang had led the company became the largest mobile carrier in the world.

With Xi Guohua, who’s now 60 years old. He joined the company as the Board of Director in July 2011, has not held any other directorships in any listed public companies in the last three years. Xi graduated from the Department of Electrical Engineering of Hefei University of Technology in 1977, and received a Master of Management degree in economics and management from Shanghai Jiaotong University and a Doctor of Management degree from the School of Economics and Management of Tongji University. Xi is a professor-level senior engineer and has extensive experience in telecommunications management, operations and technology. So how is he going to lead China Mobile in the 4G era?

Source: Bloomberg