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Ning Gaoning

From Wikipedia, the free encyclopedia
Chinese manufacturing executive
In thisChinese name, thefamily name isNing.
Ning Gaoning
宁高宁
Born (1958-11-09)9 November 1958 (age 67)
Other namesFrank Ning
Alma materUniversity of Pittsburgh
Shandong University
OccupationManufacturing executive
Years active1987–present
TitleChairman ofSyngenta
Political partyChinese Communist Party
Chinese name
Simplified Chinese宁高宁
Traditional Chinese
Transcriptions
Standard Mandarin
Hanyu PinyinNìng Gāoníng

Ning Gaoning (Chinese:宁高宁; born 9 November 1958), also known asFrank Ning, is a Chinese manufacturing executive.

In 2023, he resigned as chairman ofSinochem, remaining chairman ofSyngenta.[1]

Biographical details

[edit]

He was born inBinzhou,Shandong on 9 November 1958.[2]: 111  He graduated from Shandong University with a bachelor's degree in economics and earned an MBA from theUniversity of Pittsburgh'sKatz School of Business.[2]: 111 

After returning to China from the United States, Ning joined a centralstate-owned enterprise,China Resources.[2]: 111  Ning eventually became its Chairman.[2]: 111  During his career at China Resources, he led over 30 major mergers and acquisitions.[2]: 111 

In 2004, theCentral Organization Department transferred him to be the Chairman ofChina National Cereals, Oils and Foodstuffs Corporation (COFCO).[2]: 111  Ning initiated approximately 50 mergers while leading COFCO.[2]: 111 

He is also the Chairman of Hong Kong Building and Loan Agency Limited and Deputy Chairman ofChina Vanke company Limited. Ning has been recognized five times as one of the 25 most influential business leaders byChinese Entrepreneur magazine.[3] In 2009, Ning was named Asia Business Leader of the Year byCNBC Asia Pacific.[4] In November 2012 Ning was elected as a member of theCentral Commission for Discipline Inspection.

In January 2016 he was succeeded as COFCO's head by Zhao Shuanglian.[5] That year, Ning became the Chairman andParty Secretary ofSinochem.[2]: 111 

In 2017, Ning implemented an "in science we trust" strategy for Sinochem.[2]: 111  Through this strategy, Sinochem focused on innovation, industrial upgrading, and investment.[2]: 111  The enterprise focused on its core business of petrochemicals and chemicals, investing, and a limited diversification in agriculture, real estate, and finance.[2]: 111–112 

Ning was elected Chairman of the Board of Directors ofSyngenta on 16 July 2018.[6]

When ChemChina's chairmanRen Jianxin retired in July 2018, Ning was appointed chairman of ChemChina, while retaining his chairmanship of Sinochem Group.[7] In September 2020 he confirmed thatChemChina and Sinochem Group were discussing a merger. At the time, he was chairman of both companies.[8] As a consequence of his resignation on October 8, 2022 from Sinochem holdings,Pirelli & C. S.p.A. announced he'd also resigned from all roles held on the company's board of directors.[9] In March 2023, he was succeeded as chairman of Sinochem Holdings byLi Fanrong. Ning remained chairman ofSyngenta.[1]

Media

[edit]

Ning has made frequent media appearances.[2]: 111  He has written numerous books, including a collection of essays titledWhy?[2]: 111 

References

[edit]
  1. ^abLiu, Pearl (September 12, 2022),China looks to career engineer Li Fanrong to steer Syngenta's US$10 billion Shanghai IPO,South China Morning Post, retrievedApril 14, 2023
  2. ^abcdefghijklmLeutert, Wendy (2024).China's State-Owned Enterprises: Leadership, Reform, and Internationalization. Business and Public Policy Series. Cambridge:Cambridge University Press.doi:10.1017/9781009486576.ISBN 978-1-009-48654-5.
  3. ^Lynn Shea and Brittney Gillison, University names 12 new legacy laureates, University Times, University of Pittsburgh, Oct 27, 2008, accessdate=10-31-2008
  4. ^"Pitt Alumnus Frank Gaoning Ning Named Asia Business Leader of Year".Pitt Chronicle. Vol. 10, no. 33. Pittsburgh, PA: University of Pittsburgh. 2009-12-07. Retrieved2009-12-07.
  5. ^Yap, Chuin-Wei (January 5, 2016),China Names Zhao Shuanglian as Cofco Chairman, Replacing Ning Gaoning,The Wall Street Journal, retrievedApril 14, 2023
  6. ^"Changes to the Syngenta Board of Directors".Business Wire. 2018-07-17. Retrieved2018-07-17.
  7. ^China names Sinochem Chairman Ning as ChemChina chairman, Reuters, July 13, 2018, retrievedApril 14, 2023
  8. ^Fukumoto, Yuki (September 3, 2020),China forges ahead with $146bn chemical megamerger,Nikkei Asia, retrievedApril 14, 2023
  9. ^Pirelli to appoint Li Fanrong as chairman since Ning Gaoning has resigned, Economic Times, October 10, 2022, retrievedApril 14, 2023
Business positions
Preceded by
Zhou Mingchen (周明臣)
Chairman ofCOFCO Group
2004–2016
Succeeded by
Preceded by Chairman ofSinochem
2016–2018
Succeeded by
?
Preceded by Chairman ofChemChina
2018–2022
Succeeded by
Position revoked
Businesses
Consumer Goods
Energy
Finance
Real Estate
Semiconductors
Properties
Buildings
People
Current
Past
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