[photopress:Cass_Business_School.jpg,full,alignright]The China Securities Journal reports young Chinese corporate managers are gaining international recognition. London-based Cass Business School (a classroom pictured here) — an organization which grants MBA degrees — ranked the world’s youngest CEOs in terms of company share/price performances on major world stock markets. Young managers of Chinese companies dominated the list of CEOs under 45 years old.
With China’s state-owned company directors not included, there are 23 Chinese managers on the 50-person list, and 14 Chinese are in the top 20 positions. Eight of the top ten are from China.
Zhao Bin, GM of Shanghai Aerospace Automobile Electromechanical, is at the top. Following Zhao Bin were three managers of special mineral and rare metal processing corporations of China. Two Australian CEOs take the fifth and tenth positions in the top ten list.
Ranking organizer and Cass Business School MBA student Neil Beasley said, ‘We compared the average age of CEOs from the listed companies on the Shanghai Stock Exchange , which was 47 years old, and the Tokyo Nikkei Index, which was 62, and saw there was clearly a huge age gap between them.’
Experts say the dominance of young Chinese entrepreneurs on the list reflects the impressive rise of Chinese companies as investors around the world look for opportunities in this promising market.
Source: China Daily