Board of Directors

Chang Zhenming
Chairman of the Board and non-executive Director

Mr. Chang Zhenming was appointed as non-executive director and chairman of the Company in December 2018. Mr. Chang was chairman of CITIC Group Corporation and CITIC Corporation Limited, as well as chairman and executive director of CITIC Limited. He was formerly the vice chairman and president of China Construction Bank Corporation, non-executive director and deputy chairman of Cathay Pacific Airways Limited and non-executive director and chairman of the board of China CITIC Bank Corporation Limited. He was also non-executive director of China CITIC Bank International Limited and chairman of CITIC Hong Kong (Holdings) Limited.

Mr. Chang holds a master of business administration from The College of Insurance in New York and has a broad range of experience in banking, finance and securities business.

Ko Chun Shun
Executive Director & Deputy Chairman

Mr. Ko Chun Shun, Johnson, has been an executive director of the Company since 1998 and a Deputy Chairman of the Company since January 2014. He is also a director of various subsidiaries of the Company and is a committee member of the Nomination Committee and the Remuneration Committee of the Company. Mr. Ko is also an executive director of BC Technology Group Limited, which is listed on the Main Board of the Stock Exchange. Mr. Ko has extensive experience in direct investment, merger and acquisition, TMT (Telecommunications, Media and Technology) and financial service.


Luo Ning
Executive Director & Deputy Chairman

Mr. Luo Ning has been an executive director of the Company since October 2006 and was appointed as a Deputy Chairman of the Company on 10 January 2014. Mr. Luo is currently also chairman of CITIC Guoan Information Industry Company Limited (a public company listed on the Shenzhen Stock Exchange in the People’s Republic of China (“PRC”)).  Mr. Luo has extensive experience in telecommunication business.

Mr Li Xiaopeng
Executive Director & CEO

Mr. Li Xiaopeng, born in April 1969, graduated from Chinese People’s Public Security University and the Party School of the Central Committee of CPC with a bachelor degree in law and a certification of postgraduate respectively, and has attended senior management courses at the University of Illinois at Urbana-Champaign. Mr. Li has more than 20 years of working experience in the law enforcement departments of the central government as well as Beijing municipal government, and was awarded of Police Commissioner, Class II. He served as the head of the Security Coordination Office of the 2008 Beijing Olympic Games, which contributed to the successful hosting of the Beijing Olympic Games. He is currently a member of the International Cooperation Committee of the All-China Federation of Industry and Commerce and Vice Chairman of the China-Africa Business Council.

Mr. Li is the founder of DeWe Security Group. As a pioneer in China's overseas security management industry, the security team led by Mr. Li has successively provided services to the Ministry of Foreign Affairs, the Ministry of Commerce, the Ministry of Education, CLEC and other government agencies. They served large state-owned enterprises such as CNPC, CCCC, Poly Group, CSCEC, CRCC, ICBC, and CDB, etc. as well as overseas Chinese private enterprises. By making outstanding contributions in raising the level of security for overseas projects of Chinese-funded institutions and enterprises, and improving the public security emergency response capabilities, the team has played an active role and gained much appraisal in the smooth implementation of China’s "Going Out" policy and "Belt and Road" initiatives. 

Under the leadership of Mr. Li, the security business of DeWe covers more than 40 countries, serving more than 200 overseas agencies, Chinese-funded enterprises and engineering projects, protecting a total value of over 20 billion US dollars of overseas assets and more than 80,000 Chinese personnel, dispatching nearly 1,000 security personnel overseas (over 130,000 working days). Together with the Consular Protection Center of the Ministry of Foreign Affairs, special training has been organized for more than 300 overseas consular protection liaison officers from more than 180 countries; more than 4,000 on-site emergency drills have been conducted; and more than 5,000 overseas on-site trainings have been delivered. Over 6,000 safety rectification suggestions have been given and over 2,000 emergency safety incidents have been handled. There has not been a single security issue more than ten years.

Mr. Li is committed to the construction of security systems for security, logistics, insurance and medical emergency rescue. Through his own efforts and cooperation with professional security forces around the world, he aims to contribute to the establishment of a global security network to protect Chinese personnel and properties.

 

Fei Yiping
Non-Executive Director

Mr. Fei is a graduate from Beijing Science and Technology University and received a Master in Business Administration from the University of Edinburgh in the United Kingdom. He is a FCPA of CPA Australia and has over 23 years’ experience in accounting and financial management. He was treasurer and director of CitiSteel USA, Inc., vice president of CITIC USA Holdings, Inc. and chief representative of CITIC Group in New York.  

Mr. Fei is a director and the chief financial officer of CITIC Pacific Limited, the deputy general manager of financial control department of CITIC Limited, a director and the chief financial officer of CITIC Hong Kong (Holdings) Limited, a vice chairman and president of CITIC Pacific China Holdings Limited, a director and general manager of Rainbow Wisdom Investments Limited, a non-executive director of CITIC Telecom International Holdings Limited, a non-executive director of Dah Chong Hong Holdings Limited and a director of Companhia de Telecomunicações de Macau, S.A.R.L.. He is also a director of certain member companies of CITIC Pacific involved in special steel, property and energy, a director of certain member companies of CITIC Limited involved in iron ore mining, property and its interests in McDonald’s mainland China and Hong Kong businesses and the chairman of the audit, compliance and risk management committees of Grand Foods Holdings Limited.


Mr. Zhang Yukuan
Non-Executive Director

Mr. Zhang Yukuan used to work as assistant salesman of China International Economic Consulting Corporation, and later staff, senior staff, and section director staff of the Comprehensive Planning Department of CITIC Limited. From April 2004, he served as senior project manager of the Management Division II of the Strategy and Planning Department. In January 2016, he became senior project manager of the Corporate Operations Management Division I under the Department of Strategic Development. From April 2016, Mr. Zhang was promoted as Senior Executive of the Corporate Operations Management Division I under the Department of Strategic Development. In January 2019, he became Senior Executive of the 4th Management Division under the Department of Strategic Development. Mr. Zhang holds a bachelor’s degree in economics from Jilin University, China.

Chan Kai Kong, Eric
Non-Executive Director

Mr. Chan Kai Kong, Eric is the Chief Financial Officer and a Senior Managing Director of CITIC Capital Holdings Limited. He heads up various businesses in Principal Investments and is an investment committee member of CITIC Capital and various funds. Prior to joining the firm, Mr. Chan was an investment professional at the Government of Singapore Investment Corporation and the International Finance Corporation responsible for both direct investments and fund investments in Asia. He previously worked for Deloitte and had corporate finance experience with both listed companies and merchant bank.  

Mr. Chan received a M.Sc. in Finance from the London Business School and a BBA from The Chinese University of Hong Kong.

Dr. Dorian Barak
Non-Executive Director

Dr. Dorian Barak was appointed non-executive director in April 2021.  Dr. Barak is an investor and fund manager specializing in emerging markets. Over the past two decades he has built multiple investment funds and filled senior leadership roles in the financial services, technology and natural resources sectors.  He currently serves on the boards of directors of companies active in China, the Middle East, Europe and Africa.  

Dr. Barak began his career as a consultant with the Boston Consulting Group and an M&A attorney with the Skadden Arps law firm in New York, before being named Head of Global Strategy and M&A at Hapoalim, Israel’s largest financial group.

Dr. Barak was awarded a Juris Doctor degree by Yale University, an MA by Oxford University, and a BA by UCLA.

Yap Fat Suan
Independent Non-Executive Director

Mr. Yap Fat Suan, Henry, has been an independent non-executive director of the Company since 2004. He is also the Chairman of the Audit Committee, and a committee member of the Nomination Committee and Remuneration Committee of the Company. Mr. Yap holds a Master Degree in Business Administration from the University of Strathclyde, Glasgow, in the United Kingdom. He is a fellow member of the Institute of Chartered Accountants in England and Wales and a member of the Hong Kong Institute of Certified Public Accountants. He has extensive experience in finance and accounting. He retired as the managing director of Johnson Matthey Hong Kong Limited in June 2007 and prior to that appointment he was the general manager of Sun Hung Kai Development (China) Limited. He is also an independent non-executive director of Concord New Energy Group Limited, which is listed on the Main Board of the Stock Exchange, and Brockman Mining Limited, which is listed on the Main Board of the Stock Exchange and the Australian Securities Exchange.

Cui Liguo
Independent Non-Executive Director

Mr. Cui, graduated from the China University of Political Science and Law with a bachelor degree in laws and holds a master degree in laws from the same university. He is a member of the Finance & Securities Committee of All China Lawyers Association. He is currently a founding partner of Guantao Law Firm and the chairman of its management committee. Mr. Cui has over 25 years of experience in legal sector, and holds a position of independent non-executive director in several companies, such as CNNC International Limited, APT Satellite Holdings Limited, China Coal Xinji Energy Co., Ltd., Joincare Pharmaceutical Group Industry Co., Ltd., Essence Securities Co., Ltd. and Beijing Life Insurance Co., Ltd.. Mr. Cui was an independent non-executive director of China National Software & Service Co., Ltd.

Hooi Hing Lee
Independent Non-Executive Director

Mr. Hooi Hing Lee, aged 54, obtained his Bachelor of Commerce degree from the University of Western Australia. He has over 31 years of experience in the finance industry and is a member of the Certified Practicing Accountants of Australia and a Fellow of the Hong Kong Institute of Directors. Mr. Hooi was employed by National Australia Bank Limited in a variety of roles in Australia and Hong Kong from 1988 to 2006 with his last position as the head of corporate banking, North Asia. He also served as a chief operating officer in Cushman & Wakefield Capital Asia Limited. Mr. Hooi was a responsible officer for regulated activities dealing in securities and advising on corporate finance in Cushman & Wakefield Capital Asia (HK) Limited and served as a country chief risk officer of Standard Chartered Bank (Taiwan) Limited. In 2013, Mr. Hooi founded a private equity company, pH Capital Limited, where he currently acts as the director. 

Mr. Hooi is an independent director of Cityneon Holdings Limited. He is an independent non-executive director, the chairperson of the audit committee and a member of each of the nomination committee and remuneration committee of Miji International Holdings Limited. He is also a non-executive director of Ponderous Panda Capital Corp. and Efficacious ELK Capital Corp.

Dr. Chan Wing Mui Helen
Independent Non-Executive Director

Dr. Chan Wing Mui Helen has worked in the Immigration Department of the Hong Kong Government for 28 years. She received the Immigration Distinguished Service Medal and the Chief Executive’s Commendation for Public Service in 2008 and 2009 respectively for her outstanding performances in the Immigration Department and for public services, and retired as an Assistant Director. Immigration and IT experience aside, Dr. Chan has vast knowledge in various fields acquired through a wide range of academic endeavours. Graduating from the University of Hong Kong with a Bachelor degree in Pure Science, Dr. Chan subsequently obtained a Post-graduate Diploma in Management Studies and four Master degrees in Information Systems Management, E-commerce, Buddhism and Chinese Culture from various universities in Hong Kong. She was conferred a doctoral degree in Chinese Criminal Law in the Renmin University at Beijing.

 Dr. Chan is now serving as the Honorary Chief Executive Officer of the Promoting Happiness Index Foundation, the director of Salon Media Lab and Education Research Institute in the Greater Bay Area and was also a member of the Community Investment and Inclusion Fund committee of the Labour and Welfare Bureau and a visiting lecturer in Hong Kong Polytechnic University. Dr. Chan is currently an independent non-executive director of Hailiang International Holdings Ltd (stock code: 2336), the shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited.

Management Team

Mr Li Xiaopeng
Executive Director & CEO


Mr. Li Xiaopeng, born in April 1969, graduated from Chinese People’s Public Security University and the Party School of the Central Committee of CPC with a bachelor degree in law and a certification of postgraduate respectively, and has attended senior management courses at the University of Illinois at Urbana-Champaign. Mr. Li has more than 20 years of working experience in the law enforcement departments of the central government as well as Beijing municipal government, and was awarded of Police Commissioner, Class II. He served as the head of the Security Coordination Office of the 2008 Beijing Olympic Games, which contributed to the successful hosting of the Beijing Olympic Games. He is currently a member of the International Cooperation Committee of the All-China Federation of Industry and Commerce and Vice Chairman of the China-Africa Business Council.

Mr. Li is the founder of DeWe Security Group. As a pioneer in China's overseas security management industry, the security team led by Mr. Li has successively provided services to the Ministry of Foreign Affairs, the Ministry of Commerce, the Ministry of Education, CLEC and other government agencies. They served large state-owned enterprises such as CNPC, CCCC, Poly Group, CSCEC, CRCC, ICBC, and CDB, etc. as well as overseas Chinese private enterprises. By making outstanding contributions in raising the level of security for overseas projects of Chinese-funded institutions and enterprises, and improving the public security emergency response capabilities, the team has played an active role and gained much appraisal in the smooth implementation of China’s "Going Out" policy and "Belt and Road" initiatives.

Under the leadership of Mr. Li, the security business of DeWe covers more than 40 countries, serving more than 200 overseas agencies, Chinese-funded enterprises and engineering projects, protecting a total value of over 20 billion US dollars of overseas assets and more than 80,000 Chinese personnel, dispatching nearly 1,000 security personnel overseas (over 130,000 working days). Together with the Consular Protection Center of the Ministry of Foreign Affairs, special training has been organized for more than 300 overseas consular protection liaison officers from more than 180 countries; more than 4,000 on-site emergency drills have been conducted; and more than 5,000 overseas on-site trainings have been delivered. Over 6,000 safety rectification suggestions have been given and over 2,000 emergency safety incidents have been handled. There has not been a single security issue more than ten years.

Mr. Li is committed to the construction of security systems for security, logistics, insurance and medical emergency rescue. Through his own efforts and cooperation with professional security forces around the world, he aims to contribute to the establishment of a global security network to protect Chinese personnel and properties.


Dr. Hu Ping
COO


Dr. Hu Ping was employed as General Manager of the Middle East and North Africa region (MENA) of the Group in June 2019. In January 2022, Dr. Hu is appointed Chief Operating Officer of the Group. At the same, he is also General Manager of MENA and Chairman of Phoenix Aviation in Kenya.

Dr. Hu Ping graduated with a bachelor’s degree in 1983 from the Department of Geophysical Prospecting, Chengdu University of Geology; in June 2005, he obtained a PhD (Engineering) degree in Earth Exploration and Information Technology from China University of Geosciences (Beijing). From 1983 to 2013, he worked at the Institute of Geophysical and Geochemical Exploration (IGGE), Chinese Academy of Geological Sciences, Ministry of Land and Resources, and served as director of the Market Development Division, General Manager of the Hong Kong Engineering Geophysical Co., Ltd and Deputy Director of IGGE. In April 2013, he joined CITIC Construction Co. as Deputy General Manager and also served as General Manager of the Energy and Minerals Business Department and General Manager of Africa. In July 2019, he was appointed as a member of the Overseas Geological Work Expert Advisory Committee of the China Geological Survey Bureau.


Leung King Yu, Wilson
CFO

Mr.Leung has been the Chief Financial Officer of the Group since July 2018. He is also a director of various subsidiaries of the Group. Mr.Leung has more than 25 years of auditing, financial, accounting and advisory related experience of which he spent 10 years working in Mainland China. Prior to joining the Group, he worked at the audit and assurance department of Ernst & Young, an international accounting firm, for more than 17 years. He retired from the partnership at Ernst & Young in September 2012. Afterwards, Mr.Leung worked as the chief financial officer for two other main board listed companies. His experience covers a wide variety of industries including automotive, telecommunication, property development, oil transportation, logistic and manufacturing. He has extensive experience in merger and acquisitions, initial public offerings, fund raising exercises and group restructuring. Mr.Leung graduated from the Hong Kong Polytechnic University, and is a fellow member of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants.

Han Peipei, Linda
Vice President

Ms. Han Peipei has more than 20 years of accounting, auditing, investing, financing and management related experience, of which she spent 10 years working in Mainland China, 10 years working in Hongkong and other countries. Her experience covers industries of airline, bank, media, public utilities, shipping, logistic and manufacturing, and she has rich experience in financial management, global tax planning, M&A, IPO, and financing.

Ms. Han graduated from Central University of Finance & Economics majoring in finance with a bachelor's degree in economics. And she is a member of CICPA, HKICPA, Fellow member of ACCA, and a member of Institute of Singapore Chartered Accountants.

Cui Jiming
Human Resources Director

Ms. Cui oversees and operates human resources matters across all of the offices and subsidiaries of the Group in Asia, Middle East and Africa, creating and implementing human resource strategy of the Group to transform the strategic objectives into the common goals and actions of all employees. Previously, Ms. Cui served as Deputy General Manager of CITIC construction Technology Center (Planning & Design Institution), responsible for administration management, human resources management, security management, social responsibility management of Angola KK Housing Project, RED Social Housing Project, Agricultural Development and Construction Project, Geological Survey and other projects. Ms. Cui is a graduate of Lanzhou Jiaotong University, holding a bachelor’s degree in Industrial and Civil Construction and a master’s degree in Economic Management, and a certificate holder of Senior Engineer, Senior Project Manager and Corporate Trainer.

Liu Zhigang
General Manager of Southern Africa Region and Country Manager of the Democratic Republic of Congo (“DRC”)

Mr. Liu joined the Group since July 2018, responsible for the Group’s business and operations in Africa. Prior to joining the Group, Mr. Liu served as vice president and director of Weihai International Economic and Technical Cooperation Co., Ltd. and chairman of Zhengwei Technical Cooperation in DRC. Mr. Liu has extensive working experience in overseas projects including bidding, operation and local management, and is familiar with the financing and business model for the Belt and Road projects. With rich financial background, Mr. Liu has been working for more than ten years in both Republic of the Congo and DRC. He is familiar with the business environment in Africa and has a good reputation in the local political and business circles. Graduated from Qingdao University with a Bachelor of Science degree, Mr. Liu also studied at Central University of Finance and Economics.

Lu Dong
General Manager of Northwest Region and Country Manager of Pakistan

Mr. Lu joined the Group since September 2020. He has rich experience in diplomacy, United Nations peacekeeping, international trade, export control & ICP, public relations, overseas investment management, and overseas security in countries and regions such as Northern Europe, West Asia, North Africa, West Africa, North America, Central Asia, Central America and Hong Kong SAR. Mr. Lu has in recent years emerged as renowned expert on overseas security, drafting and/or compilating national security-related regulations such as MOFCOM’s “Handbook for the Safety Management of Overseas Chinese-funded Enterprises & Institutions and Personnel” , MOFCOM’s “Guidelines for Terrorism Threat Prevention Measures for Foreign Assistance Projects”; MPS’ “Guidelines for Overseas Business Services of Security Enterprises” and “Safety Training Guide for Enterprises' Overseas Personnel (2019 Edition)”. Meanwhile Mr. Lu is a media darling on the overseas security industry in China for years, speaking on behalf of Chinese PSC at various international events such as "Lianyungang Forum" and “ICoCA Beijing Forum”. He has received an exclusive interview by CGTN.

Wang Pengxu
General Manager of Southwest Region and Country Manager of Bangladesh

Graduated from Tsinghua University with a master's degree in water conservancy engineering, Mr. Wang received a master's degree in finance from Cheung Kong Graduate School of Business, and holds the certificate of senior economist. He used to work as general manager of CITIC Construction Beijing office, assistant general manager and investment director of CITIC Endi Water Technology. Mr. Wang joined FSG in 2018 and served as country manager for Laos and Bangladesh. He has extensive experience in international market development, investment, financing, and project management.

Ric Peregrino
Chief Security Officer and Deputy General Manager of MENA Region

Mr. Ric Peregrino Jr. is the Chief Security Officer and Deputy General Manager of MENA Region. He is also director of various subsidiaries of the Group. He has advised the corporate and national security level programs in the industry since 1994, and has managed complex, global integrated security and logistics programs in various capacities over the past 20 years. 

Mr. Peregrino began his career as a United States Marine. After completing his seven-plus years of service, Mr. Peregrino entered the International Corporate Security industry, quickly progressing to managing large VIP security operations and developing critical training for close protection teams. He also served as a local law enforcement officer where he was awarded two “Valor Awards”. Among other certifications, Mr. Peregrino holds one of the most respected Aviation Security Certification, the AVSEC PMC certified by ICAO. He has published papers on many security topics and has participated in the international arena as a featured speaker for the corporate security industry and law enforcement.

Su Bin
Head of Group Insurance Division

Mr. Su Bin has almost 20 years working experience in risk management and insurance industry, offering tailor-made insurance programs and integrated risk solutions for clients like overseas projects and multinational enterprises. Before joining the Group, he worked in line of Construction & Energy of JLT Insurance Broker Co., which was a Jardine Matheson associate company. His clients include power generation, infrastructure, oil and gas, renewable energy and other types, in high-risk regions such as Southeast Asia, Central Asia, the Middle East, and Africa. Mr. Su also worked as Assistant General Manager of the Captive Insurance Department of Generali China, and Assistant General Manager of P&C Technical Department of Jiangtai Insurance Broker Co. He holds Master Degree of Insurance (Central University of Finance and Economics), Bachelor Degree of Economics (Beijing Commercial College), ANZIIF (Fellow) CIP, and is a registered broker of China Insurance Regulatory Commission.

Lv Chaohai
Executive Chairman of Frontier Logistics (Shanghai) Co., Ltd.

Mr. Lv Chaohai used to be General Manager of Northwest Region of the Group, responsible for the Group’s business and operations in Pakistan, Kazakhstan and other major countries in the region. He was later appointed Executive Chairman of Frontier Logistics (Shanghai) Co., Ltd. Prior to working with the Group, Mr. Lv used to be vice president and chairman of large SOEs, having extensive overseas working experience in project operation, equipment procurement as well as localization, security, training, and education. Mr. Lv is a graduate of Xi’an Jiaotong University and a certificate holder of senior engineer and construction engineer.

Wanyutu Peter Njoroge
General Manager & Accountable Manager of Phoenix Aviation Limited

Mr. Wanyutu is the General Manager and Accountable Manager of Phoenix Aviation Limited (PAL) based in Nairobi, Kenya, a subsidiary of Frontier Services Group since 2014. Mr. Wanyutu joined Phoenix Aviation in October 2017 as Head of Quality (AOC) and promoted to the position of General Manager in 2019.

 Mr. Wanyutu graduated with a bachelor’s degree in Civil Aviation Management from the Moi University (Kenya), before joining Kenya Airways (PLC), DAC Aviation (E.A) Limited and finally Phoenix Aviation Limited (PAL). Mr. Wanyutu holds an IATA Diploma in Aviation Studies, an IATA Diploma in Safety Management for Airlines and numerous international IATA certifications in the fields of Airport Operations, Quality Management for Airlines (QMS), Airline Finance and Accounting Management, Business Aviation Handling and Fixed Base Operations (FBO). As a pilot, Mr. Wanyutu holds a Private Pilot’s License (PPL) from the East African Civil Aviation Academy (EACAA - Uganda).

Allan Tyler Eksteen
CEO of Transit Freight Forwarding

Mr. Allan Tyler Eksteen, CEO of Transit Freight Forwarding (TFF), is a senior supply chain transport and logistics executive. Mr. Eksteen joined TFF in 2004 and was part of the acquisition when Frontier Services Group acquired the South African logistics major in 2015 with the drive to grow FSG’s African logistics business.

 With 30 years’ experience in logistics in Africa and specializing in in FMCG, retail and energy, Mr. Eksteen did business in more than 37 countries including Asia, the Middle East, America and Europe. He currently serves on the TFF board as Executive director and CEO, heading TFF’s business from Gauteng, South Africa. Mr. Eksteen holds a Master degree of science in procurement, logistics and supply chain management from the University of Salford, Manchester, United Kingdom.