World Gold Council has announced the appointment of Roland Wang as Managing Director, China. The new MD, who will join the organisation in February 2015, will work closely with Albert Cheng, MD, Far East, to further develop the Chinese market.

Wang had earlier worked with the WGC between 1995 and 2001 as General Manager for China and played a significant role in the opening-up of the Chinese gold market, particularly in relation to the “Deregulation Plan” for China’s Gold Market including the establishment of the Shanghai Gold Exchange, among other initiatives.

Just prior to his new appointment, Wang was President and General Manager of Jingyi Gold Co. Ltd., a gold investment and jewellery company based in China, where he led a team of professionals which worked closely with the China Gold Association, Shanghai Gold Exchange and other practitioners in the industry.

World Gold Council CEO, Aram Shishmanian said: “I am delighted that Roland has decided to return to the World Gold Council. The WGC’s agreements with both China Gold Association and the Shanghai Gold Exchange, together with the development of the International Board of the Shanghai Gold Exchange, are all evidence of our continued strategic commitment to the Chinese market.”

Commenting on his appointment Wang said: “I am returning at what is an enormously exciting time for gold in China as we partner with some of China’s most prestigious gold focused organisations, including China Gold Association and the Shanghai Gold Exchange, to take the market to the next stage of its development.”

Earlier in his career, Wang worked for a number of highly respected world-leading firms including J. Walter Thompson and Hill & Knowlton.