SHANGHAI, April 7, 2020 /PRNewswire/ -- China Rapid Finance
Limited ("XRF" or the "Company") (NYSE: XRF), a fintech company in
China, today announced its Vice
President of Finance Mr. Hao (Kevin)
Chen, has completed his planned onboarding and was
appointed as Chief Financial Officer of the Company. Mr. Chen was
also appointed as a Board member of the Company's Board of
Directors. Mr. Steven Foo, the
Company's former CFO, assisted with the onboarding transition as
part of the Company's 2019 organizational plans. Mr. Foo will
redirect his focus to new business development.
"I am very pleased to have Kevin take the leadership role
as our new CFO," said Dr. Zane Wang,
founder and CEO of the Company. "Kevin has rich experience in
audit, management, and senior finance leadership roles in the
online industry. Since joining us in 2019, Kevin has led the
completion of our annual filing, improved our financial reporting
process, and strengthened internal controls. I have confidence that
Kevin can meet the Company's upcoming challenges as we explore new
business opportunities."
Po Wang, Executive Director of the Company, added, "Kevin has made key contributions
to the Company's financial reporting, SEC and NYSE filings, and
internal controls since joining the Company. He has proven that he
is strengthening the leadership of the company. We are looking
forward to creating greater value to the Company together."
"I know the challenges that XRF is facing. That's the reason I take the
responsibility," Kevin Chen
said. "I am looking forward to
working with the Board and the management team to contribute
to XRF's future success as the Company progresses to the next phase
of its strategy."
Kevin Chen joined XRF in 2019 as
Vice President of Finance. Prior to XRF, Mr. Chen was audit manager
at Ernst &Young LLP and participated in various US initial
public offerings for Chinese Internet companies. Mr. Chen was also
senior manager at Qunar.com
and CFO at Hong Kong Jingzhengu Holdings Ltd. Mr. Chen holds
a bachelor's degree in Mathematics from Shandong University and a master's degree in
Economics from Shanghai University
of Finance and Economics. He is a US Certified Public Accountant,
as well as a Certified Management Accountant and Certified Internal
Auditor.
About China Rapid
Finance
China Rapid Finance Limited (NYSE: XRF) is a fintech company in
China that offers decisioning
technology and marketing services that addresses China's growing consumer credit market. The
Company utilizes its proprietary technology and 19 years of
experience to provide its services. The Company is establishing
partnerships and is currently developing strategic alternatives and
new businesses in financial technology, marketing services and loan
portfolio management. For more information, please visit
http://ir.crfchina.com.
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SOURCE China Rapid Finance
