51talk-online-education-group-announces-change-to-board-composition

51Talk Online Education Group Announces New Board Member

51Talk Online Education Group, a global online education platform specializing in English education, has made a significant change to its board composition. The company announced the appointment of Mr. Jimmy Lai as an independent director, effective June 1, 2024. Mr. Lai will also take on key roles within the board, serving as chairman of the audit committee, a member of the compensation committee, and a member of the nominating and corporate governance committee.

Mr. Lai brings a wealth of experience to his new position, currently serving as the chief financial officer of Kneron, a leading provider of full stack edge AI solutions. He has also held positions as an independent director in other NYSE-listed companies, including Zepp Corporation and FinVolution Group. Prior to his current roles, Mr. Lai served as the chief financial officer of 51Talk from 2015 to 2018, as well as holding financial leadership positions in various other companies.

In response to Mr. Lai’s appointment, Jack Jiajia Huang, Founder, Chairman, and CEO of 51Talk, expressed gratitude for the service of outgoing director Mr. Shengwen (Roy) Rong and welcomed Mr. Lai to the board. Huang emphasized the company’s excitement to collaborate with Mr. Lai to continue building on their success.

51Talk Online Education Group is dedicated to providing quality education that is accessible and affordable. Through their online and mobile platforms, students can access live interactive English lessons with highly qualified teachers. The company’s personalized approach to learning utilizes student and teacher feedback, along with data analytics, to enhance the overall learning experience.

In conclusion, the addition of Mr. Jimmy Lai to the board of 51Talk Online Education Group marks a significant development for the company. With his extensive background in finance and leadership, Mr. Lai is poised to contribute valuable insights to the board’s strategic decisions and further enhance the company’s mission of delivering quality education to students worldwide.