What Does a Chief Diversity Officer Do?

Wei Zhe, born in Shanghai in 1970, is a mentor at the University of Shanghai for Business ^[1] . He graduated from Shanghai Foreign Studies University in 1993 and entered Shanghai Wanguo Securities Company. He has successively served as Deputy General Manager of Asset Management Headquarters of IWC, Senior Manager of PricewaterhouseCoopers (PWC), and General Manager of Headquarters of Orient Securities Investment Bank. In 2000, he served as the executive vice president and chief financial officer of B & Q (China), and in 2002, served as the president of B & Q (China). He led the management team to become China's largest building materials retail chain in 5 years. Was named "2004 China's top seven retail figures" and 2005 "China's top ten retail figures". He officially joined Alibaba in November 2006, and served as executive vice president of Alibaba Group and president of e-commerce of Alibaba Enterprise (B2B). After resigning from Alibaba on February 21, 2011, the "Jiayu Fund" was established. ^[2] On December 15, 2011, he officially joined the Hoyer Group as an independent director. On April 11, 2016, he officially joined the Zall Group as an independent director and served as the chairman of the remuneration committee. ^[3]

Wei Zhe

(Chief Strategy Officer, Zall Group)

Vice Chairman of China Chain Store & Franchise Association;

2004 Seven Major Retailers in China

2005 "Top Ten Personalities in China's Retail Industry". ^[12]

Wei Zhe's work "Golden Collar: The Way to Win a Career in the 21st Century", which was written based on her actual experience, went on the market, opening the way for a young reader to succeed as a young gold collar. ^[13]

News on December 1, 2007. Forbes, an authoritative financial magazine in the United States published on November 26, praised the visionary CEO of Alibaba Networks Co., Ltd., who was just listed, and would help Alibaba B2B companies become the world's top companies.

Wei Zhe

"Forbes" said that Wei Zhe, born in Shanghai, was very visionary and found that Alibaba, a Chinese company that is growing in China's rapid economic expansion and is expected to become the world's top company. And Wei Zhe's goal is to turn China's hottest listed company into a world leader.

"Forbes" believes that Wei Zhe joined Alibaba at the right time, and his role is a bit like Google's CEO Eric Schmidt, which will bring a fiercely developing company into a faster growth. Wei Zhe's arrival is a crucial moment for Alibaba. Wei Zhe's mission is to transform Alibaba from a platform for exchanging business information to a comprehensive e-commerce operation platform while China's business development is still in its infancy and many companies are still dominated by offline transactions.

The article mentioned that Wei Zhe's success at B & Q proved his strength. He was keenly aware of consumer demand and turned a struggling multinational brand in China into a profitable retailer. He became a quality and consumer service provider. Recognized global brand. What Wei Zhe needs at Alibaba is to apply these business skills to Alibaba to make it a leader in e-commerce. ^[16]

Analysts in the market and financial circles believe that it is the wealth of business experience accumulated by Wei Zhe in B & Q and PricewaterhouseCoopers in the past 15 years that made Jack Ma finally hire Wei Zhe to Alibaba.

Ma Yun commented on Wei Zhe as follows: "Wei Zhe has outstanding sales promotion and retail management experience. He brings the professional operation methods required to run a company to Alibaba. Wei Zhe is a rare professional at present. He has both Great traditional management experience with Internet spirit. " ^[17]

According to Wong Soon Tong, asset management financial analyst at UOB Singapore, "In addition to Wei Zhe's rich business management skills and experience in the past, everyone agrees that he brings more business experience and diversity to Alibaba."

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