Noah Holdings appoints new independent director to board

Singapore-based Noah Holdings Limited, a wealth management service provider, announced recent changes to its board of directors on Friday. Tianjing Zhang, a Hong Kong-based independent director, was appointed to the board, replacing Cynthia Jinhong Meng, who has served as an independent director for three years. Meng's departure was not due to any disagreements with the company.

David Zhang, who has served as an independent director since June 2024, was re-designated to maintain compliance with Hong Kong Listing Rules. The Corporate Governance and Nominating Committee will now include Xiangrong Li as chairperson, joined by David Zhang and Tianjing Zhang. The Audit Committee will consist of Xiangrong Li as chairperson, with David Zhang and Tianjing Zhang as members.

Lastly, the Compensation Committee will have May Yihong Wu as chairperson, with Boquan He and Xiangrong Li as other members. Tianjing Zhang brings over two decades of experience in cross-border disputes, regulatory investigations, and compliance to the board. She previously served as head of international business at HOZU Capital since May 2025 and practiced at Kirkland & Ellis International LLP from January 2012 to April 2025.

Noah Holdings primarily serves Chinese high-net-worth investors, with 469,987 registered clients and assets under management totaling RMB140.9 billion as of June 30, 2026.