Shipping

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Board of Directors’ Profile
COSCO Corporation
(Singapore) Limited
Capt. Wei Jiafu
Chairman and Non-Executive Director
Capt. Wei Jiafu, President and CEO of
COSCO, has headed the China Ocean
Shipping (Group) Company (COSCO) since
November 1998. Prior to that, he was in
charge of COSCO’s asset operations and
management as a senior executive in
many COSCO subsidiaries in China and
abroad. During his tenure as the President
of COSCO (Singapore) Ltd, he turned it into
a public listed company in 1993, marking
COSCO’s entrance into the international
capital market.
With over ten years of seafaring experience
as a captain and a PhD in ship and ocean
structural design and manufacture and
a master’s in shipping, Capt. Wei has
a wealth of knowledge in international
shipping management and operations.
Capt. Wei has won awards for his
contributions to the international shipping
industry such as the ‘Economic Booster
Award’ by the Massachusetts Alliance
for Economic Development (MAED) in
November 2004, and ‘Port Pilot Award’ by
the Port Authority of Long Beach in March
2004. Capt Wei is also a member of the
Panama Canal Authority Advisory Board,
the International Advisory Council of PSA
Corporation and the China Shipowners’
Association, as well as a chairman for
the China Shipowners Mutual Assurance
Association, the China Federation of
Industrial Economics and China Group
Companies Promotion Association,
among others.
Mr Ji Hai Sheng
President and Executive Director
Mr Ji has been the President of both
COSCO Corporation (S) Ltd and COSCO
Holdings (S) Pte Ltd since November 2000.
A graduate from the Sichuan Institute of
Foreign Languages, Mr Ji was employed at
China Ocean Shipping Company in 1975,
specialising in Container Operation and
Management. From 1983 to 1988, he was
appointed the Company Representative
in the United States. Subsequently,
Mr Ji was posted to COSCO Beijing as
Director of Sino-European (Container
Service) and Deputy General Manager
(Freight Service Department). In 1992,
Mr Ji became the Managing Director of
COSCO-HIT Terminals (Hong Kong) Ltd
and Assistant President of COSCO (Hong
Kong) Group Company. He proceeded to
become the Deputy Managing Director
of COSCO Container Lines in Beijing four
years later. From 1998 to 2000, Mr Ji was
appointed Managing Director of the Asia
Pacific Regional Headquarters of COSCO
Container Lines.
Mdm Yao Hong
Vice President and Executive Director
Mdm Yao has been the Vice President
of COSCO Holdings (S) Pte Ltd and
COSCO Corporation since November
2000. Born in Beijing, Mdm Yao Hong
graduated from Qingdao Marine College
with a Bachelor in Shipping Management.
She additionally holds a Certificate for
professional and technical competence in
Business Management from the Ministry of
Communications. In 1984, Mdm Yao joined
the COSCO Group as the Section Head
in the Management Division. Nine years
later, she became the Section Head of the
Executive Division in COSCO Group and
in 1998, was promoted to Assistant
Division Head.
Mr Li Jian Hong
Non-Executive Director
Mr Li was appointed the Executive Vice
President of COSCO Group in 2000.
Before that, he was the General Manager
of Nantong Shipyard, Nantong Steel
Company, and Nantong Shipping Company,
and the Chairman of China International
Marine Containers Co., Ltd.
In 1995, Mr. Li took charge of the
establishment of COSCO Industry
Company and became its General
Manager. He was also assistant to
COSCO’s (COSCO Group) President
and the company’s chief economist.
Mr. Li has years of expertise in corporate
operations and management, particularly
in newbuilding, ship repairing and assets
operating and management. Mr. Li has
an MBA from University of East London,
England, and a Master’s in Economic
Management from Jilin University, China.