Alliance News | Fan Bao, Chairman and CEO of China Renaissance, Joins CASVI Board of Chairpersons
In accordance with "China Alliance of Social Value Investment (Shenzhen) Chapters" and "Board of Chairpersons Working Laws", and with the joint recommendation from Chairman Weihua Ma and member Shuo Qin, Mr. Fan Bao has now officially joined as a member of CASVI's Board of Chairpersons.
Since establishing China Renaissance in 2005, Mr. Fan Bao, Chairman and CEO, has led the firm to become China’s leading financial institution serving the new economy. In 2015, he was recognized as one of "the World's 50 Most Influential People" by Bloomberg Markets.
Before China Renaissance, Mr. Bao joined AsiaInfo Holdings, Inc., China’s largest IT and software services provider, as the Chief Strategy Officer. He also has extensive investment banking experience, having worked at Morgan Stanley and Credit Suisse for years. Mr. Bao holds an M.S. in Economics from the BI Norwegian Business School.
Mr. Bao now serves as a trustee of the Beijing Green & Shine Foundation, a charity foundation that works to improve the conditions of rural education in China.
Message from Mr. Fan Bao
"Thank you to CASVI for inviting me to be part of the work you do, and I am very thrilled to be able to contribute towards sustainable development finance in China. CASVI is the earliest driving force for sustainable development finance in China, and has achieved a track record over the years. It is truly my honor to join this team at such a time.
Over the past 15 years, China Renaissance and I have been supporting the growth of China's innovative economic enterprises. In the process, we realized that these enterprises, while benefitting from the socio- economic development, have come to be deeply integrated with the people's livelihood. Therefore, the only way for corporations to last is to truly participate in the society, by upholding sustainable development and actively taking on social responsibilities. Especially with today's global economy in turmoil, we are increasingly convinced that the only certainty amongst the myriad of uncertainties is to be down-to-earth and adhere to sustainable development.
In the future, I very much hope to work with CASVI, along with my personal abilities and China Renaissance's professional capabilities, to extend the concept of sustainable development finance towards the primary market, and promote CASVI's work in sustainable development, eventually bringing more people to join us in this extremely meaningful cause."
Chairman Weihua Ma welcomes Mr. Fan Bao
"Mr. Fan Bao's outstanding achievements in China's new economic venture capital have driven the rise of a number of new economic unicorns. I believe that him joining CASVI will bring the concepts of sustainable development into both the new economy enterprises and also China's venture capital sector. Thereby bringing more start-ups and enterprises to focus on doing well and doing good, and more investors to invest towards a better world. I am looking forward to working with Mr. Bao and CASVI to promote sustainable development together! "
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