Brief: Yirendai Appoints Yang Cao As New Chief Operating & Technology Officer

Yirendai

Yirendai Ltd. (NYSE: YRD), an online consumer finance marketplace in China, announced on Monday that it has appointed Yang Cao as both chief operating and technology officer. The website revealed that Cao will lead its technology, product and engineering divisions and oversee business operations including customer acquisition, business development and product marketing.

Yihan Fang, CEO of Yirendai, stated:

“We are thrilled to have Yang on board. Yang’s expertise and leadership will enable the robust growth of our business in the years to come.”

Yirendai went on to report that Cao brings more than 19 years of experience in building, scaling and growing successful technology companies in both Silicon Valley and China. Prior to joining Yirendai, Mr. Cao was the general manager of Asia-Pacific operations at xAd, a mobile-location advertising technology platform

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