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Trauson Holdings Company has announced the replacement of CFO Charles Wang Chongguang, who will leave June 28 as previously reported by CT.
Ho Ka-man, presently the firm’s finance director, will become CFO after Wang leaves. Ho was formerly an accountant at Kingdee International Software Group Company, a Hong Kong-listed Chinese company.
Trauson manufactures orthopaedic products in China. Trauson is the largest domestic producer of trauma products and one of the top three domestic producers of spine products in China by market share. The group was founded in December 2002.
At Kingdee, Ho was in charge of group accounting, corporate finance, treasury, mergers and acquisitions and investor relations. Ho also previously worked for BOCI-Prudential from 2004-2005 and also the Hong Kong Monetary Authority.
According to its 2011 annual report, Trauson reported Rmb276 million ($44 million) in profits last year and Rmb1.1 billion ($180 million) in total assets.
Wang will continue to work as a non-executive director after he steps down as CFO.