Shanghai, December 18, 2015 — GroupM, the global leading media investment management group, has today announced the appointment of Christine Fang as the Chief Financial Officer of GroupM China. The announcement was made by Patrick Xu, CEO of GroupM China.
“It is our privilege to welcome and congratulate Christine on joining GroupM. She is a seasoned professional with a unique blend of strategic and analytical skills. With Christine’s appointment, GroupM will further strengthen its management team while reinforcing the existing alignment of the Group’s practices,” said Patrick Xu, CEO of GroupM China, commenting on the appointment, “Mainland China remains the largest contributor to the global advertising growth. We're indeed privileged to tap into her expertise and look forward to seeing her contribution in the continued growth and success of our Group."
Christine is a highly experienced professional who brings over 20 years of finance and management expertise. Prior to joining GroupM, Christine has worked as Finance Director for Financial Planning & Analysis in Mondelez China, before that, she has worked as CFO in PepsiCo China Limited, China Beverage. Based in Shanghai, she will join GroupM China Executive Committee and work closely with the leadership teams of all GroupM business, including Mindshare, MEC, MediaCom and Maxus.
Christine is delighted to take this next step in her career, “I am looking forward to being part of a solid management team and continuing to strengthen the excellent financial foundation the team has built. Chinese consumer demands change quickly and remain strong, supported by wage growth, urbanization, property wealth and supportive governmental policy. There is still a long way to go. However, GroupM has a long-term strategic perspective in the rapidly-changing China market. I am relishing the challenge to initiate a new phase for GroupM business in China.”
Effective February 1, 2016, the new CFO replaces Swee Leng Ng who has decided to leave the company due to personal reasons. Swee Leng will stay with the company beyond the notice period until end-Feb 2016 to facilitate a smooth handover.