Fang Holdings Ltd. (NYSE: SFUN), operator of the Chinese real estate site Fang.com, formerly known as SouFun, announced on Nov. 1 the appointment of Dr. Lei Hua as chief financial officer.

fangKent Huang Cangsang, the outgoing CFO, had resigned from the company for personal reasons, the company said.

Cangsang

Kent Huang Cangsang, outgoing CFO (photo from his LinkedIn page with thanks)

Lei was appointed acting CFO on Sept. 22 this year. At the time, the company said this was done to bridge the period Huang would be working half-time, due to a health issue.

Lei joined Fang in 2009 and has accumulated extensive experience across multiple functions in the company. Prior to the recent appointments, he had served as the managing director of the company’s division investment management. In 2015 and 2014 he served as deputy CFO.

Lei was a postgraduate student in the United Kingdom.

He holds a Ph.D. in finance from the University of the West of England, a master ‘s degree in banking and finance from Loughborough University, and a bachelor’s degree in economics from Beijing Forestry University in China.

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