Basel, Switzerland
March 23, 2023
- Jin-Yong Cai brings long experience and expertise in international finance
- Career has spanned IFC, Goldman Sachs, Morgan Stanley, Aon, PetroChina, among others
- Appointed to Compensation Committee and Audit Committee
Following the General Shareholders’ Meeting held by Syngenta Group on March 20, 2023, the company announced that Jin-Yong Cai has been unanimously elected as a new independent director of the company, effective March 20, 2023. He has also been appointed as a member of the Board’s Compensation Committee and Audit Committee.
Currently a partner at Global Infrastructure Partners, Dr. Cai formerly served as Chief Executive Officer of the International Finance Corporation of the World Bank Group. He has deep expertise in the economies of emerging markets, along with more than 30 years of experience in the financial services industry. At Goldman Sachs from 2000 to 2012, he was a partner and led its China investment banking business. At Morgan Stanley from 1994 to 1999, he was on a team that established the China International Capital Corporation, which has played an important role in China’s economic transformation. Dr. Cai also serves as a board member at Aon plc, and as an independent director of PetroChina Company Limited.
Syngenta Group Chairman Li Fanrong said: “We are delighted that Jin-Yong is joining our Board. His deep knowledge of financial markets and investment climates will be invaluable to us in helping Syngenta Group pursue our goal of providing agronomic solutions and digital services that farmers need to grow healthy food while conserving natural resources and protecting the environment.”
Dr. Cai said: “Advances in agriculture are absolutely central to eliminating poverty, ensuring food security and creating greater prosperity for people in the developing world and beyond. I look forward to working with the talented team at Syngenta Group to develop new solutions and serve the people who need them the most, in every part of the world.”
Dr. Cai holds a PhD in Economics from Boston University and a Bachelor of Science degree from Peking University.
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