In a sector full of mergers, acquisitions, and accusations, CDC Corporation (CHINA) has announced the promotion of Kim Liou to its general counsel.
As general counsel of CDC Corporation, Liou's responsibilities include overseeing a worldwide legal team, company-wide legal policies, corporate governance, securities and Sarbanes-Oxley compliance, mergers and acquisitions, intellectual property, litigation, and legal support for CDC's business units. Liou will report directly to Peter Yip, CEO of CDC Corporation.
Since 2003, Liou has served as senior legal counsel and has been the lead attorney in the company's mergers and acquisitions, including Ross Systems, Industri-Matematik, Pivotal Corporation and several smaller acquisitions during 2006. Liou also was lead attorney in the recent US$168 million offering of convertible exchangeable notes to private equity investors in anticipation of potential carve-outs of the company's CDC Games and CDC Software business units. Additionally, Liou has been responsible for managing corporate policies and procedures, including compliance with certain requirements of Sarbanes-Oxley through formulation of the corporation's disclosure controls and procedures and documenting internal policies and procedures.
Prior to joining CDC, Liou worked as an attorney in the investments group of insurance giant, MetLife, Inc. in New Jersey. He also served as an attorney for Davis Polk & Wardwell, a global law firm, in their New York, Hong Kong and California offices.
"It is a great honor to receive this promotion," said Liou. "I am looking forward to taking on the new challenges and opportunities to help us achieve our growth objectives while working closely with the audit committee and board of directors to ensure that we maintain a very high standard of corporate governance."