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KKR names Paul Yang as head of Greater China

Paul YangKKR, an investment firm, appoints Paul Yang, current president and CEO of China Development Financial Corporation (CDFC) as head of Greater China, effective January 2017.

Mr. Yang brings 20 years of investment experience to KKR.

READ MORE KKR: Rob Yang to lead Greater China real estate platform

As President and CEO of CDFC, one of the oldest and largest regional merchant banking groups in Asia, Mr. Yang supervised the group's significant investments and led a team of 7,000 people across its operations in Hong Kong, Taipei, Shanghai, Seoul, Singapore, Bangkok, and Jakarta.

Having joined CDFC in 2005 as its Chief Investment Officer and head of its private equity business, he was promoted to his current role in 2011.

Zhen Ji recently joined as a Managing Director of KKR China from CITIC Capital.

David Liu, KKR Member, former Co-Head of KKR Asia Private Equity and Head of Greater China, and KKR Member Julian Wolhardt will leave KKR at the end of this year and will transition to being KKR Advisors.

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