Asia-focused investment manager appointed to Merlin board
An Asia-focused investment manager has been appointed to the board of Merlin Entertainments as the company looks to expand its reach in China.
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Yun (Rachel) Chiang will take up the non-executive director role on the FTSE 100 company board starting 1 January.
It follows the company’s announcement in October of a joint-venture with state-backed China Media Capital to develop a number of attractions in China, including Legoland Park in Shanghai.
Chiang is currently partner and founding member of the private equity division of Pacific Alliance Group (PAG).
It’s one of the region's largest Asia-focused alternative investment managers with over $11 billion in funds under management
She also holds non-executive positions with Hong Kong-listed Sands China and Pacific Century Premium Developments.
Merlin Entertainments chairman Sir John Sunderland said he is delighted to welcome her to the board.
“Rachel brings with her a wealth of experience of the Asian consumer and property markets which will prove invaluable as Merlin increasingly focuses its resources and efforts in to this region."