Telstra China chief executive Xiaowei Chen exits
Telstra’s China chief executive Xiaowei Chen has left the company for “personal reasons” and not been replaced.
The move is potentially a blow to Telstra’s plans to expand into Asia to offset falling domestic fixed-line profits.
Chen Xiaowei’s departure was first revealed by industry publication Communications Day. A Telstra spokesman said she had left the company several months ago and not been replaced.
The McKinsey & Co consultant and former TV presenter for China Central Television was responsible for Telstra’s assets in China and tasked with growing the telco’s business in China both organically and through acquisitions.
The executive was appointed in May 2011 with Telstra’s then group managing director of Telstra International Tarek Robbiati describing her hiring as “a significant milestone in our drive to recruit the very best people throughout our operations.”
The company runs several popular websites in China including Autohome.com.cn, which is a leading site for car-owners looking for products and services.
Chinese national Tim Chen quit the board of Telstra in October 2012, ostensibly to pursue opportunities away from the telco. But he re-joined the company as its head of international operations exactly one month later at the behest of chief executive David Thodey.
Telstra has a presence in several Asian countries through its submarine cable assets and is actively using them to expand its footprint in the region. Earlier this month it appointed Singapore-Chinese executive Chin Hu Lim to the board as a director to drive growth.
But it also faces significant competition from home-grown rivals in the region who offer similar products and services.