New Chairman Announced for Cosco Shipping
Changes at Cosco with new Chairman Announcement
The largest global shipping company, China Cosco Shipping Corporation Limited has announced new changes to the board due to a government retirement mandate.
Wan Min was announced on November 1 as becoming the new chairman of Cosco Shipping after a six-year lead from Xu Lirong has come to an end due to his retirement age.
In China, there is a maximum age for Chinese state-run entities with a mandated retirement age at 65.
