Paul Yang, partner and head of Greater China at KKR & Co , has recently stepped down to take an adviser role with the private equity firm, two people familiar with the situation told Reuters.
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., Aug. 23, 2018. REUTERS/Brendan McDermid/File PhotoHONG KONG, June 24 - Paul Yang, partner and head of Greater China at KKR & Co
, has recently stepped down to take an adviser role with the private equity firm, two people familiar with the situation told Reuters. Yang, a Taiwan native, was previously the president and chief executive of China Development Financial Corp, a Taiwanese merchant banking group. Yang, who joined KKR in 2017, has in the past worked at a number of financial institutions including DBS Bank where he was head of private equity and mezzanine finance, Goldman Sachs and General Atlantic, according to KKR's website.Yang, who is based in Hong Kong, has decided to step down due to personal reasons, said one of the people. His new role will be effective July 1.