BEIJING, CHINA — COFCO International, a China-based agribusiness giant, announced on June 24 that it has named Zhaohui (Christy) Da as its new chief financial officer (CFO), effective immediately.

Da, who was previously chief audit officer at COFCO International’s main shareholder, state-owned COFCO Corp., succeeds Jing Wu, who has decided to leave the company in September after a transition period, the company said.

Da, who will be based at COFCO International’s head office in Geneva, Switzerland, will step down from the company’s board after serving as a director since 2017, the company said.

Wu had been CFO since 2017, a year after he joined COFCO International as chief risk officer.