Thursday, December 2, 2021

New Chairman Announced for Cosco Shipping

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Changes at Cosco with new Chairman Announcement

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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.

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