Wolters Kluwer has promoted Yong Zhao to the position of general manager for the financial services market in China.
Zhao will be based in Shanghai, and is charged with promoting the company's growth in that market.
Chris Puype, managing director of the Asia Pacific region for the Wolters Kluwers financial services business, said: “We are excited to be utilising his extensive knowledge of the local operating environment as we look to further develop our presence in North Asia.”
Zhao replaces Michael Thomas, who plans to retire as head of China operations and director of North Asia in June. Thomas will continue to work with Wolters Kluwer in an advisory capacity.
Puype said: “We extend our gratitude to Michael for his significant contributions to our success in China and beyond.”
Zhao is currently head of professional services and deputy general manager for China at Wolters Kluwer, working on risk management, compliance, finance and audit solutions in financial services.
He has previously worked at Lombard Risk, where he was responsible for regulatory reporting projects across Asia.
