SINGAPORE: China's Sinopec Corp has appointed Chen Gang, acting president of its trading arm Unipec as the new managing director of the unit, three people with knowledge of the matter said.
He replaces former president Chen Bo, who was suspended in 2018 after Unipec incurred record derivatives trading losses that are the subject of an investigation.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
