Yang Xiangdong

Yang Xiangdong

Yang Xiangdong, MBA. He has worked in Goldman Sachs Group for 9 years. He was the managing director of Goldman Sachs, the co head of Asia private investment, a member of Asia Management Committee, the vice chairman of Taibao life insurance and the director of Taibao assets. In 2001, he joined Carlyle and served as an independent non-executive director of digital Telecom Group Co., Ltd. listed on the stock exchange and a non-executive director of China Pacific Insurance (Group) Co., Ltd.

Character experience

On August 8, 2017, McDonald's announced the formal completion of the strategic cooperation with CITIC, CITIC Capital and Carlyle investment group for McDonald's China business. Yang Xiangdong, managing director and chairman of Asia Pacific region of Carlyle investment group, was appointed as the vice chairman of the board of directors of the new company.

Main achievements

Carlyle's holding acquisition at that time was also feasible, because XCMG was willing to sell its controlling interest.