500.com board restructure sees Jeffery R. Williams appointed as independent director

jeffereywilliams
Jeffery R. Williams

Chinese online sports lottery operator 500.com has announced the appointment of Jeffery R. Williams as new Independent Director. 500.com further announced that the appointment will see Williams join the operators Audit committee for the Board of Directors.

Williams will become the first non-Chinese member of the 500.com board of directors.

Williams has a deep knowledge of Asian banking and investment markets having held governance positions Citibank Asia, and acted as General Manager for American Express in Taiwan. Williams currently serves as President of the Shenzhen Development Bank.

The appointment of Williams saw 500.com further announce that current directors Jeipin Fu, Min Fan and Jinpin Ma have stepped down following the expiration of their one year terms.

500.com Chairman and CEO Man San Law commented on the appointment of Williams

“500.com wishes our departing board members success in their future endeavours. I would also like to extend a warm welcome to Jeffery Williams whose extensive experience and expertise in corporate matters will surely benefit the company over the long term”

Check Also

CasinoBeats Innovation in Slots

CasinoBeats Innovation in Slots series launches with Fresh Twists on Evergreen Titles

The CasinoBeats Innovation in Slots series will kick-off on Wednesday 3 February with Fresh Twists …

Scientific Games appoints Jim Bombassei as investor relations VP 

Scientific Games Corporation has confirmed the appointment of Jim Bombassei as its new Senior Vice …

SBC Digital – India: Challenges and opportunities in the horse racing sector

India is one of the most prominent emerging markets in the global sports betting industry. …