KKR Names Ex-CEO Of China Development Financial As Head Of Greater China

KKR has appointed Paul Yang, current president and CEO of China Development Financial Corporation (CDFC) as head of Greater China, effective January 2017, the firm announced today.

"Paul Yang brings 20 years of investment experience to KKR. He is well versed in private equity, venture capital, corporate and commercial banking, and he has a proven ability to effect M&A and lead a multibillion-dollar enterprise throughout Greater China," says Joseph Y. Bae, managing partner of KKR Asia, in a statement.

"As we head into our next decade of investing in China, we plan to continue to expand our scope of investments to include more mid-cap buyouts, cross-border deals and opportunities related to the domestic consolidation there, as well as in continuing to participate in growth-oriented investments," he adds.

As president and CEO of T...

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