The Board of Directors of China Overseas Land & Investment Ltd. announced that to further enhance the corporate governance and management of the company, Mr. Chen Yi, executive director, be appointed as President of the company with effect from April 24, 2014. Mr. Chen Yi aged 42, holds a double bachelor's degree in Engineering and Law from Tianjin University, a Master of Business Administration degree from Beijing Jiaotong University and a Master of Engineering degree from the University of Cambridge. Mr. Chen is a professor level senior engineer and a member of the Chartered Institute of Building (UK).

Mr. Chen joined China State Construction Engineering Corporation in 1993 and had been the Engineer, Project Manager, Department Manager, Deputy General Manager of CSCEC Construction Company Ltd., the Managing Director, Executive Vice President of China State Construction International Company, the General Manager of the Civil Infrastructure Department of the China State Construction Engineering Corporation Limited, executive director and General Manager of China State Construction International Company Ltd.