The World Gold Council, the market development organisation for the gold industry, today announces the appointment of Mr. Roland Wang as Managing Director, China. He will work closely with Mr. Albert Cheng, Managing Director, Far East, to further develop the Chinese market.
Previously Mr. Wang was President and General Manager of Jingyi Gold Co. Ltd., a gold investment and jewellery company based in China, where he led a team of professionals which worked closely with the China Gold Association, Shanghai Gold Exchange and other practitioners in the industry.
Between 1995 and 2011 as General Manager for the World Gold Council in China Mr. Wang and his team played a significant role in the opening-up of the Chinese gold market. In particular, he worked with the People’s Bank of China and government think tanks to initiate the “Deregulation Plan” for China’s Gold Market including the establishment of the Shanghai Gold Exchange. He was also instrumental in launching China Gold Investment Bars with the China Gold Group and the “Gold Accumulation Plan” with the Industrial and Commercial Bank of China, the largest retail bank worldwide. In addition, he was actively engaged in the development of jewellery products, including K-gold 18K jewellery, elite products and Xifu wedding jewellery, all of which have now become the key categories in each of their respective jewellery retail outlets in China.
Commenting on the appointment, World Gold Council CEO, Aram Shishmanian said: “I am delighted that Roland has decided to return to the World Gold Council. The World Gold Council’s agreements with both China Gold Association and the Shanghai Gold Exchange, together with the development of the International Board of the Shanghai Gold Exchange, are all evidence of our continued strategic commitment to the Chinese market. The World Gold Council will play an important role in this crucial next phase, and Roland, with his deep knowledge and respected relationships will be an essential part of our team.”
Commenting on his appointment Mr. Wang said: “The World Gold Council brings essential insight and experience to the Chinese gold market. I am returning at what is an enormously exciting time for gold in China as we partner with some of China’s most prestigious gold focused organisations, including China Gold Association and the Shanghai Gold Exchange, to take the market to the next stage of its development.”
Before joining the World Gold Council, Mr. Wang worked for a number of highly respected world-leading firms including J. Walter Thompson and Hill & Knowlton.
Mr. Wang received his bachelor’s degree from the University of International Relations in Beijing. He later received his MBA from City University of Seattle.
Mr. Wang will join officially in February 2015.
ENDS
For further information please contact:
Cecilia Wang
World Gold Council
T 86 10 8418 9911
E [email protected]
Stevenson Xiang
Edelman
T 86 21 6193 7513
E [email protected]
Note to editors:
World Gold Council
The World Gold Council is the market development organisation for the gold industry. Working within the investment, jewellery and technology sectors, as well as engaging in government affairs, our purpose is to provide industry leadership, whilst stimulating and sustaining demand for gold.
We develop gold-backed solutions, services and markets, based on true market insight. As a result, we create structural shifts in demand for gold across key market sectors.
We provide insights into the international gold markets, helping people to better understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society.
Based in the UK, with operations in India, the Far East, Europe and the US, the World Gold Council is an association whose members include the world’s leading and most forward thinking gold mining companies.
