Li Chongtian appointed as new member of the Board of Directors

Silk-FAW has announced the appointment of Li Chongtian as new member of the Board of Directors, effective from January 13th.

The appointment, also endorsed by the Government of the People’s Republic of China, further consolidates the team of managers at work, all of whom have a high profile and long-standing expertise in the automotive industry.

“We are proud to announce the arrival of Li Chongtian as a new member of our Board of Directors,” said Katia Bassi, Managing Director of Silk-FAW. “His appointment is further validation of the stability and multiculturalism of this ambitious project and allows us to implement a successful long-term business plan in a highly competitive sector”.

Li Chongtian has a degree in Engineering and has a long and consolidated experience in finance and management within large international groups in the automotive sector. Mr. Li is currently Head of FAW Capital Holding Co. which is responsible for FAW’s external investments. Mr. Li is also involved in FAW Financing and FAW Automotive Insurance groups. Also in FAW Groups he has held various senior roles over the years, including Head of Audit and Director of Management and Digitalisation. He had also previously served as President of Sanguard Automobile Insurance Coin.