Zai Lab Announces Promotion Of Yajing Chen To CFO, Effective July 7, 2023
Portfolio Pulse from Benzinga Newsdesk
Zai Lab has announced the promotion of Yajing Chen to CFO, effective from July 7, 2023. Chen, currently the Deputy CFO, will succeed Billy Cho, who is stepping down to pursue an opportunity in private equity.

July 06, 2023 | 8:06 pm
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Zai Lab's promotion of Yajing Chen to CFO could bring fresh perspectives and strategies to the company's financial management. However, the departure of Billy Cho might cause short-term uncertainty.
Changes in key management positions often lead to shifts in company strategy and operations. While the promotion of Yajing Chen could bring new ideas and strategies, the departure of Billy Cho might cause some short-term uncertainty among investors. However, as Chen has been with the company since September 2021, the transition is likely to be smooth.
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