Pirelli appoints new chairman

A meeting of the Pirelli & C. SpA Board of Directors was held yesterday to confirm the cooptation of Li Fanrong to the board and his nomination as chairman. He succeeds Ning Gaoning who, as announced on 8 October, has tendered his resignation from the board.

In addition to appointing Li to the role of chairman, the Board of Directors nominated him as a member of the Strategies Committee and Nominations and Succession Committee.

About Li Fanrong

Chairman of the Board of parent company Sinochem Holdings Corporation since August 2022, Li Fanrong has extensive working experience in petrochemical industry. Prior to his current posts, Li served as board director and president of China National Petroleum Corporation, concurrently as vice-chairman of PetroChina Company; deputy director general of National Energy Administration; vice-president of China National Offshore Oil Corporation, concurrently as chief executive officer and president of CNOOC, chairman of CNOOC South East Asia, Nexen Energy ULC, and CNOOC International.

Li was appointed as board director and president of Sinochem Holdings Corporation Ltd. in April, 2021. At present, he is also chairman of Sinochem Corporation, chairman of Sinochem Energy, chairman of Sinochem International, chairman of Syngenta Group, chairman of Syngenta AG and chairman of China Jinmao.

He graduated from the Jianghan Petroleum Institute (currently Yangtze University), majoring in Petroleum Production Engineering, and obtained MBA from Cardiff University in the United Kingdom. He is a senior professorate engineer.