Saturday, August 13, 2022

Imperial Pacific replaces chairman after only five months


Saipan casino operator Imperial Pacific International (IPI) has announced yet another new chairman appointment on Wednesday - with the resignation of Ms. Xia Yuki Yu.

Ms. Cui Li Jie, an executive director of the company since 2017, has been appointed as the new chairman of the board.

Her appointment comes after only five months served by Ms. Xia Yuki Yu, who replaced former chairman Cai Lingli in August 2018.

According to the filing, Ms. Cui, aged 60, has been engaged in real estate projects and building materials trading, and has gained extensive experience in investment.

IPI said that Ms. Cui will be subject to retirement by rotation at least once every three years and that there is no service contract between the two.

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