HKBN Ltd. Announces Board Changes
Mr. Yu, aged 46, is a Partner and Head of Greater China at MBK Partners. Mr. Yu has over 20 years of experience in the private equity and investment banking industries. Prior to joining MBK Partners, Mr. Yu was a Vice President in the investment banking division of Morgan Stanley in Hong Kong. Mr. Yu received a Bachelor of Science degree in economics and a Master of Science degree in finance from University of International Business and Economics in Beijing. Mr. Yu currently serves on the board of directors of (i) CAR Inc., a company incorporated in the Cayman Islands, whose public bonds are listed on The Stock Exchange of Hong Kong Limited; (ii) Wendu Education Group; and (iii) Shanghai Siyanli Industrial Co. Ltd. Mr. Yu was a former non-executive director of CAR Inc. Mr. Yu is licensed as a responsible officer of MBK Partners HK Limited to carry out Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities under the Securities and Futures Ordinance.