SHANGHAI — Jacky Lo has been named chief financial officer of Yum China Holdings, Inc., effective Sept. 1. Mr. Lo has served as the interim c.f.o. and treasurer of Yum China since June. He also has served as vice-president, controller and principal accounting officer since March.
Mr. Lo joined Yum! Restaurants China, a division of Yum! Brands, Inc., in August 2016 as vice-president of finance. Previously, he was partner and deputy director in the Asia Pacific Capital Markets Center of Ernst & Young’s Professional Practice Group. He is a certified public accountant in Texas and a member of the American Institute of Certified Public Accountants and Hong Kong Institute of Certified Public Accountants.
Yum China Holdings, Inc. began trading on the New York Stock Exchange as an independent company under the ticker symbol “YUMC” following the successful spin-off of Yum! Brands’ China business last fall. Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China with exclusive rights to KFC, Pizza Hut and Taco Bell. Yum China also owns the Little Sheep and East Dawning concepts. Yum China operates more than 7,600 restaurants and employs more than 420,000 workers in over 1,100 cities.
|Micky Pant, c.e.o. of Yum China|
“We’re delighted that Jacky Lo will take on the permanent position of chief financial officer,” said Micky Pant, Yum China's chief executive officer. “Jacky played a critical role on our path to becoming an independent, U.S.-listed company, and during his time as interim c.f.o., he has become an invaluable member of the leadership team.“Jacky’s proven track record and deep expertise in accounting, finance and strategy make him an ideal fit for this position. I look forward to working closely with Jacky to capitalize on the tremendous growth opportunities that we have ahead of us.”