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Romaco Names Ann-Xiaoyan Li as New Group Chief Financial Officer

Romaco Holding appoints Ann-Xiaoyan Li as Group CFO and Managing Director, focusing on finance, HR, IT, and global expansion initiatives.

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  • Dec 04, 2024

  • Simantini Singh Deo

Romaco Names Ann-Xiaoyan Li as New Group Chief Financial Officer

Romaco Holding GmbH has announced the appointment of Ann-Xiaoyan Li as its new Group CFO and Managing Director. In her new role, she will oversee Finance & Controlling, HR Services, and IT Management at Romaco Holding GmbH and Finance & Controlling operations across the group’s six production facilities and ten International Sales & Service Centres (SSCs). She takes over from Markus Kimpel, who has decided to leave the company after five successful years, during which he played a key role in driving Romaco’s growth and development.

Jens Torkel, Managing Director, Romaco Group, said in a statement, “I’m delighted we’ve been able to get Ann-Xiaoyan Li on board the management of the Romaco Group and as Group CFO. She impressed me with her clear and pragmatic style of leadership, which is just what we need to gain optimal benefit from the synergistic effects within the group and boost our internal efficiency. Her presence on the management team will allow us to continue standardising processes throughout our decentralised corporate structure as we drive the expansion of our worldwide service network.”

Ann-Xiaoyan Li brings extensive experience as CFO for mid-sized automotive and commercial vehicle companies. Notably, she spent over five years managing financial operations at a well-established German manufacturer of automotive lighting systems. Li holds a bachelor’s degree in international finance from Northwest University in Xi’an, China, and a bachelor’s and master’s degree in business administration from Bielefeld University in Germany.

Ann-Xiaoyan Li, CFO & Managing Director, Romaco Group, commented, “I’m looking forward with great excitement and fire in my belly to my new tasks at this old-established and yet highly dynamic, globally operating group of companies. I see myself as a reliable partner to the business units, sales & service centres, and specialist departments that report to me, all united by a common goal: to generate growth and tap into new markets with a proactive approach and strategic solutions.” 

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