CHINA (CelebrityAccess) – Universal Music Group has today (Jan. 7) announced a host of promotions and new hires across Greater China and Asia.
Announcing the changes, Adam Granite, Executive Vice President, Market Development, Universal Music Group, said: “In order to maximize the opportunities for growth throughout these dynamic and fast evolving markets, we have expanded and bolstered our senior management teams within Greater China and throughout Asia to ensure that UMG remains at the forefront of industry change and innovation, breaking new talent and embracing new platforms and audiences, as the adoption of streaming through legal services continues to drive the growing music economy forward within the region.”
Local hires include Aaron Wang as Chief Financial Officer for Greater China and Tracy Mu who has been appointed as Finance Director, Universal Music China.
Wang, who is based in Beijing and reports to Sunny Chang, Chairman & CEO, UMG Greater China and Boyd Muir, Executive Vice President, Chief Financial Officer and President of Operations for Universal Music Group, will oversee all financial operations within the region. He joins UMG from Sony Pictures Entertainment, where he held the position of CFO, Greater China.
Mu will report to Wang and Garand Wu, Managing Director, Universal Music China, and joins UMG after 11 years with international technology company Dolby Industries where she most recently served as Finance Manager, APAC.
Yvonne Yuen has been appointed as UMG’s SVP, Marketing, Greater China. Based in Hong Kong, Yuen previously held the position of SVP, International Marketing for UMG in South East Asia. She will also report to Sunny Chang.
Elvin Eng, who currently holds the position of VP, Finance for UMG, Asia Region has been promoted to CFO, UMG, South East Asia region. Eng, who will be based in Singapore and report to Muir, will oversee the finance operations and strategy for South East Asian markets including Korea.
Additionally, Ang Kwee Tiang (aka KT Ang) has been appointed to the newly-created position of Senior Vice President, Asia Public Policy. Ang joins UMG from IFPI, the global trade body for recorded music, where he has served as Regional Director, Asia Pacific since 2013.
Commenting on the news, Sunny Chang, Chairman & CEO, Universal Music Greater China said: “These new additions to our senior management team show our ambition to expand the boundaries of commercial success for our recording artists, labels and other businesses both within Greater China and internationally.
“Working closely with our UMG partner labels globally, we will look to introduce more Chinese talent to international audiences as we did with Kris Wu in 2018, whilst also helping UMG’s international artists achieve success into this rapidly growing music market.”