Noah Holdings Overhauls Board Leadership and Committee Composition

The transition brings significant changes to the company's governance structure. Tianjing Zhang, a legal veteran with nearly two decades of experience in cross-border disputes and regulatory investigations, joins the board on August 29. Her background includes a long tenure at Kirkland & Ellis International LLP, where she led the firm's China-focused dispute resolution practice. She currently serves as the head of international business for HOZU Capital.

Simultaneously, the board has re-designated David Zhang as an independent director under Hong Kong Listing Rules. The decision follows a comprehensive review by the Corporate Governance and Nominating Committee, which confirmed that the two-year cooling-off period required by regulatory standards has been satisfied. David Zhang, who has served on the board since June 2024, is expected to bolster the company's oversight regarding cross-border securities offerings and capital markets.

Following these shifts, the company has reorganized its committee memberships. The Audit Committee will now be chaired by Xiangrong Li, while the Compensation Committee will be led by May Yihong Wu. Jingbo Wang, chairwoman and co-founder of Noah, will head the Corporate Governance and Nominating Committee. These appointments aim to sharpen the firm’s focus on international legal compliance and strategic governance as it manages its global investment footprint.