Management ChangeMay 20, 2026, 09:36 AM
GDS Holdings Appoints Hua Chen as Independent Director, Audit Chair
AI Summary
GDS Holdings announced the resignation of Mr. Lim Ah Doo as an independent director and Chairman of the Audit Committee, effective May 20, 2026, due to personal reasons. Mr. Lim served the company for 11 years. The Board has appointed Ms. Hua (Kathy) Chen to succeed him in both roles. Ms. Chen brings over 30 years of extensive financial and operational experience, including her current role as Managing Partner and CFO at SB China Venture Capital, and previous roles at Credit Suisse, Arthur Andersen, and Ernst & Young.
Key Highlights
- Mr. Lim Ah Doo resigned as independent director and Audit Committee Chairman for personal reasons.
- Ms. Hua (Kathy) Chen was appointed to succeed Mr. Lim as independent director and Audit Committee Chair.
- The changes are effective May 20, 2026.
- Mr. Lim served GDS Holdings for 11 years, since August 2014.
- Ms. Chen brings over 30 years of financial and operational experience.
- Ms. Chen currently serves as Managing Partner and Chief Financial Officer at SB China Venture Capital.
- Ms. Chen is a U.S. Certified Public Accountant.
- The Board confirmed Ms. Chen meets independence criteria for NASDAQ and HKEX.
Price Impact
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