SINGAPORE, May 31, 2016 /PRNewswire/ -- China Yuchai
International Limited (NYSE: CYD) ("China Yuchai" or the "Company")
announced today the appointment of Dr. Thomas Khong Fock Phung as its new Chief
Financial Officer ("CFO") with effect from June 1, 2016. Dr. Phung takes over from Mr.
Kok Ho Leong who will be
relinquishing his position in order to assume the CFO role at Hong
Leong Asia Ltd ("HLA"), China Yuchai's parent company.
Dr. Phung has over 20 years' experience in both the
manufacturing and service sectors. Prior to this appointment, Dr.
Phung was the East Asia Pacific Finance Director for Alstom
Transport (Singapore) Pte Ltd
("Alstom"). Prior to Alstom, Dr. Phung was with Bombardier
Transportation group as Director Controlling Asia Pacific for four
years and Commercial Manager/Site Controller of joint venture
operations in China for three
years. Preceding this, he was Finance Director & Deputy General
Manager at Shandong Asia Pacific SSYMB Pulp & Paper Co. Ltd.
where he was based in Shandong,
China for three years. Dr. Phung
has also worked at Thales GeoSolutions (Asia Pacific), Glaxo SmithKline Singapore Pte
Ltd and Baker Oil Tools, a Baker Hughes company. Dr. Phung started
his career as a credit authorizer at Bank of America in
Singapore.
Dr. Phung has, in the course of his career gained extensive
experience in financial reporting, tax planning, financial control
analysis, cost and management accounting, budgeting and cash
management. Dr. Phung received his PhD in Finance from Cass
Business School, City University in London in 1998 and an MBA in Financial
Management from Hull University Business School in Hull, UK in 1994.
About China Yuchai International
China Yuchai International Limited, through its subsidiary,
Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the
manufacture, assembly, and sale of a wide variety of light-,
medium- and heavy-duty engines for trucks, buses, passenger
vehicles, construction equipment, marine and agriculture
applications in China. GYMCL also
produces diesel power generators. The engines produced by GYMCL
range from diesel to natural gas and hybrid engines. Through its
regional sales offices and authorized customer service centers, the
Company distributes its engines directly to auto OEMs and retailers
and provides maintenance and retrofitting services throughout
China. Founded in 1951, GYMCL has
established a reputable brand name, strong research and development
team and significant market share in China with high-quality products and reliable
after-sales support. In 2015, GYMCL sold 364,567 engines and is
recognized as a leading manufacturer and distributor of engines in
China. For more information,
please visit http://www.cyilimited.com.
For more information, please contact:
Dixon Chen
Tel: +1-646-726-6511
Email: cyd@bluefocus.com
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SOURCE China Yuchai International Limited