Dec 28, 2015 05:44 PM

COFCO Boss Is Tipped to Take Helm at Sinochem

By staff reporter Huang Kaixi and intern reporter Hou Wen

Ning Gaoning

Ning Gaoning

(Beijing) – The executive who built a state-owned food supplier into a global giant will be appointed to run a chemicals conglomerate, a person close to the matter says.

Ning Gaoning, 57, will become chairman of Sinochem Group, replacing Liu Deshu, the source close to Ning said. Liu is 63 years old, the retirement age for leaders of state-owned companies.

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