SHENZHEN, China, June 17 Vestasia-Limited
SHENZHEN, China, June 17 /PRNewswire-FirstCall/ -- Vestasia Limited
announced today that it has hired Glenn I. Henricksen, Jr. as the company's
Chief Financial Officer. Mr. Henricksen, with over 20 years of experience
with leading financial firms around the globe joins Vestasia to assist the
company in this period of extraordinary growth.
Glenn I. Henricksen, Jr., as CFO, in addition to the financial and
control duties, will be responsible for business development and participate
in planning and execution as Vestasia builds out its business platform. Glenn
comes to Vestasia with broad and extensive experience in asset management,
risk management, equity and debt investments, derivatives and private
placements enhancing Vestasia's depth in these critical areas.
Mr. Henricksen stated, "I am truly excited to have the opportunity to be
involved with Vestasia during this exciting period in Asia and particularly
China's growth. Vestasia is a business with talented people and I look
forward to partnering with these professionals in building a world class
financial organization."
"Glenn's arrival at Vestasia as one of our senior managers will be
instrumental in building the business to better serve our clients. Glenn
brings in market tested professionalism and depth that will strengthen our
relationship with our clients and expand our market position." Says Ms.
Tingting Wu, President of Vestasia.
Before coming to Vestasia as CFO, he was a consultant with the Hong Kong
based CIF Consultants and was the partner in charge of building CIF's Asian
business since 2001. CIF specializes in risk management and financial
strategy for financial institutions in Asia and Glenn and CIF have been
advisors for Vestasia for several years.
Additionally, Glenn also served as CFO for NASDAQ listed Sino Fibre
Communications during its development phase. Previously, Glenn was
responsible for developing and building the African Development Bank's fixed
rate bond investment business and designed and implemented treasury
investment and risk management tools in the company's offices in Abidjan,
Ivory Coast, Africa.
He also spent three years with investment dealer Bear Stearns where he
was responsible for risk management in Asia during the Asian financial crisis
in the late 1990's. Prior to that Mr. Henricksen was a principal with
BlackRock Financial Management (1992- 1997), where he was the portfolio
manager responsible for the firm's US$10 billion in corporate bond
investments. Mr. Henricksen also worked in the investment department of New
York Life where he was portfolio manager responsible for a wide variety of
investments including asset-backed, high-grade corporates, high-yield,
mortgages, CMO's and private placements. He started New York Life's first
emerging markets investment unit where he undertook initial sector research,
was granted investment authority, hired staff and managed the portfolios.
About Vestasia Limited
Vestasia Limited is an independent financial advisory firm that provides
a broad range of services to Chinese clients in relation to mergers,
acquisitions, restructuring, corporate finance and strategic matters centered
around listing and financing. Through its extensive network throughout China,
the Company focuses on providing high-quality advice to and forming
partnerships with, senior executive management and boards of directors of
small and medium companies in transactions that typically are of the highest
strategic and financial importance to those companies.
FINANCIAL DYNAMICS
Press Relations:
Elodie Marchand
Tel.: +33-1-47-03-68-17
elodie.marchand@fd.com
Investor Relations:
Valéry Lepinette
Tel.: +33-1-47-03-68-62:
valery.lepinette@fd.com
Clément Benetreau
Tel.: +33-1-47-03-68-12:
clement.benetreau@fd.com
SOURCE Vestasia Limited
