Senior Management

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Chief Executive Officer/Executive Director

As the Chief Executive Officer/Executive Director of CAO Group, Mr Wang Yanjun is responsible for developing and implementing Board approved business strategies and overseeing the entire business of the Group. Mr Wang is concurrently the Chairman of CNAF Hong Kong Refuelling Limited (“CNAF HKR”) as well as the  Chairman/President of China Aviation Oil (Hong Kong) Company Limited (“CAOHK”), where he directs and manages the day-to-day business operations in Hong Kong SAR, and also oversees the joint venture operations of CNAF HKR.  Mr Wang is also the Chairman of North American Fuel Corporation.

Please refer to profile of Mr Wang under "Board of Directors" section for more information.

Chief Financial Officer

As the Chief Financial Officer, Mr Xu Guohong, is responsible for CAO’s financial management functions, spanning financial reporting and accounting practices, financial planning and analysis, treasury and taxation. He will direct and manage the Group’s day-to-day finance operations across all business units. Concurrently, Mr Xu also assists the CEO to manage risk management and investor relations. He is also the Director of China Aviation Oil (Hong Kong) Company Ltd, CNAF Hong Kong Refuelling Limited and North American Fuel Corporation.

Mr Xu has over 25 years of experience in the petroleum industry in China. Prior to joining CAO, Mr Xu was General Manager of the Audit Department at China National Aviation Fuel Group Limited (“CNAF”) since February 2012. Mr Xu started his career with PetroChina Jinxi Refining and Chemical Company where he served 19 years and held various senior positions throughout his tenure, heading the finance, audit, financial assets and accounting departments. Before joining CNAF, Mr Xu was the Chief Financial Officer at CNAF Land Oil Company Limited and subsequently joined CNAF Petroleum Company Limited as the Chief Financial Officer from 2009 to 2012.

Mr Xu holds a Master of Engineering in Software Engineering from Beihang University and a Bachelor degree in Accounting from Dongbei University of Finance and Economics. He is also a member of the Chinese Institute of Certified Public Accountants, a Certified Internal Auditor as well as a certified Senior International Finance Manager (SIFM).

Vice President of CAO Group/President, NAFCO

Mr Zhang Xingbo, as Vice President of CAO, leads the Group’s operations and aviation marketing functions. Mr Zhang also assists the CEO in the development, execution of trading strategies for the trading businesses of the Group. He is concurrently the President of North American Fuel Corporation (“NAFCO”) and is responsible for the overall North America country operations, overseeing the financial and reporting functions as well as the risk management function at NAFCO. His responsibilities also include advising the CEO on all aspects of business operations, which encompasses development and investment opportunities, with a focus on growing the Group’s aviation marketing business worldwide, in support of the Group’s strategic objectives related to its global portfolio of business and activities. He is also a Director of NAFCO and China National Aviation Fuel TSN-PEK Pipeline Transportation Corporation Ltd.

Mr Zhang has over 20 years of experience in the oil industry, having accumulated extensive experience in China National Aviation Fuel Group Limited’s (“CNAF”) procurement, trading and international business divisions in Asia Pacific and Europe. From 2011 to 2014, he was the Deputy General Manager of International Business at CNAF, where he was in charge of its overseas subsidiaries and the aviation business outside China. Prior to this role, he worked as Vice President at China Aviation Oil (Hong Kong) Company Ltd for more than 3 years, focusing on the expansion of the aviation marketing business. He was seconded to CAO as Deputy General Manager between June 2007 to June 2008, where he assisted in the management and operations of CAO. Mr Zhang started his career with China Aviation Oil Supply Corporation (the predecessor of CNAF) in 1993 where he was responsible for logistics coordination and procurement operations, specialising in the procurement of jet fuel imports to meet the needs of China’s civil aviation industry.

Mr Zhang holds a Bachelor and a Postgraduate degree in Arts (English major) from Lanzhou University. He is also an Associate Professor of Translation.