First Huawei Rotating Chairwoman Meng Wanzhou will start her duties on April 1

The top leader and CFO of Huawei, Meng Wanzhou will start her tenure as rotating chairwoman of the company on April 1, 2023. She is the rotating chairwoman in the company and It will be her first tenure.

Meng Wanzhou will start her duties as the first rotating chairwoman of Huawei and Mr. Guo Ping will be transferred to the chairman of Huawei’s board of supervisors. After Mr. Guo, the rotating chairmen and chairwomen are Xu Zhijun, Hu Huokon, and Meng Wanzhou.

Currently, Xu Zhijun is serving the chair for 6 months and his tenure will conclude on March 31, 2023. For your information, a rotating chairperson’s tenure stands for 4 months.

Ahead of the duty, China National Building Materials Group and Huawei held a signing ceremony for a strategic cooperation agreement in Beijing in February. Meng Wanzhou attended the signing ceremony as Huawei’s rotating chairman and witnessed the signing.

Past:

Meng Wanzhou graduated from China’s Huazhong University of Science and Technology with a master’s degree. Joined Huawei in 1993. She has successively served as the company’s international accounting director, the chief financial officer of Huawei Hong Kong, and president of the accounting management department. Meanwhile, she is serving as vice chairman, rotating chairman, and CFO of the company.

Since 2003, Meng Wanzhou has led the establishment of a globally unified Huawei financial organization structure, process, system, and IT platform. From 2007 to 2014, Meng Wanzhou promoted the IFS (Integrated Financial Services) reform in Huawei globally, making refined management one of the genes of Huawei’s continuous growth.

In 2014, Meng Wanzhou led Huawei’s data transformation and established a comprehensive data management system. He is the key person to adapt “counting one hole”, and made data a strategic asset of the company.

She enabled financial organizations to become business partners and value integrators through reform projects such as internal control of financial reports, consistency of accounts and facts, fund management, and tax management, and supported the rapid and steady development of the company’s business globally.

Since 2019, Meng Wanzhou has built an overall blueprint for financial digitization in line with Huawei’s strategic foresight and long-term development plan.

Through risk probes and control models, a non-contact risk control system and an agile operation and management system have been established to conduct smart operation management and decision-making based on data and AI algorithms.

(inputs from Reuters)