Li & Fung Limited has appointed Ed Lam as CFO in line with the expansion of the senior management team to facilitate the group's organic growth and acquisition strategy. Mr. Lam will report to Spencer Fung, and take up the position on November 5, 2012. Mr. Lam's recent position at Citi was Head of Hong Kong Corporate & Investment Banking, where he worked with Li & Fung on various acquisitions, equity placements, bond offerings, trade finance, corporate loans and credit rating advisory work.