Bison Finance Group Limited announced that Dr. MA Weihua has tendered his resignation as the non-executive Director and the chairman of the Company with effect from 1 September 2023. Dr. MA confirmed that his resignation was due to his intention to concentrate on his other personal commitments. The company also announced that Mr. SUN Lei, an executive Director and chief executive officer of the Company, has been appointed as the Chairman with effect from 1 September 2023.

Mr. SUN, aged 53, was appointed as an executive Director and the CEO on 24 December 2018. Mr. SUN is also an executive director and responsible officer of Target Capital Management Limited; a non-executive director of Bison Corporate Finance Limited; and director of a wholly-owned subsidiary of the Company. Prior to joining TCM, Mr. SUN had worked at Huatai Financial Holdings (Hong Kong) Limited as an executive director in corporate coverage from March 2014 to September 2015 and BOCI Securities Limited as a director from March 2011 to February 2014.

With experience for over 19 years in the financial industry, he has extensive experience in various aspects such as corporate finance, fixed income and bond issuing. Prior to stepping into the financial industry, Mr. SUN had been working on environmental engineering, overseas corporate financing, futures and project budgeting. Mr. SUN obtained a bachelor of engineering from China University of Mining and Technology in July 1990.