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Syngenta Group

Syngenta Group Adds New Independent Director to Its Board of Directors

Jin-Yong Cai brings long experience and expertise in international finance
Career has spanned IFC, Goldman Sachs, Morgan Stanley, Aon, PetroChina, among others
Appointed to Compensation Committee and Audit Committee

2023-03-20 16:50
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BASEL, Switzerland--()--Following the General Shareholders’ Meeting held by Syngenta Group on March 20, 2023, the company announced that Jin-Yong Cai has been unanimously elected as a new independent director of the company, effective March 20, 2023. He has also been appointed as a member of the Board’s Compensation Committee and Audit Committee.

Currently a partner at Global Infrastructure Partners, Dr. Cai formerly served as Chief Executive Officer of the International Finance Corporation of the World Bank Group. He has deep expertise in the economies of emerging markets, along with more than 30 years of experience in the financial services industry. At Goldman Sachs from 2000 to 2012, he was a partner and led its China investment banking business. At Morgan Stanley from 1994 to 1999, he was on a team that established the China International Capital Corporation, which has played an important role in China’s economic transformation. Dr. Cai also serves as a board member at Aon plc, and as an independent director of PetroChina Company Limited.

Syngenta Group Chairman Li Fanrong said: “We are delighted that Jin-Yong is joining our Board. His deep knowledge of financial markets and investment climates will be invaluable to us in helping Syngenta Group pursue our goal of providing agronomic solutions and digital services that farmers need to grow healthy food while conserving natural resources and protecting the environment.”

Dr. Cai said: “Advances in agriculture are absolutely central to eliminating poverty, ensuring food security and creating greater prosperity for people in the developing world and beyond. I look forward to working with the talented team at Syngenta Group to develop new solutions and serve the people who need them the most, in every part of the world.”

Dr. Cai holds a PhD in Economics from Boston University and a Bachelor of Science degree from Peking University.

About Syngenta Group

Syngenta Group is one of the world’s leading agriculture innovation companies, with roots going back more than 250 years. In more than 100 countries, the company strives to transform agriculture through breakthrough products and technologies that play a vital role in enabling the food chain to feed the world safely, sustainably and with respect for our planet. Syngenta Group, registered in Shanghai, China and with its management headquarters in Switzerland, draws strength from its four business units – Syngenta Crop Protection headquartered in Switzerland, Syngenta Seeds headquartered in the United States, ADAMA® headquartered in Israel, and Syngenta Group China – that provide industry-leading ways to serve customers everywhere.

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Cautionary Statement Regarding Forward-Looking Statements

This document may contain forward-looking statements, which can be identified by terminology such as “expect,” “would,” “will,” “potential,” “plans,” “prospects,” “estimated,” “aiming,” “on track” and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta Group, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or grain prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta Group assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

Contacts

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Jin-Yong Cai, new independent director of Syngenta Group Board of Directors (Photo: Business Wire)

Jin-Yong Cai, new independent director of Syngenta Group Board of Directors (Photo: Business Wire)