Key Management

Mr. Wang Zhi was appointed as the Executive Chairman and Executive Director of our Company on 15 September 2022. Mr. Wang has been an expert in the water and wastewater treatment industry for the past 20 years.

Mr. Wang was the Chairman and Chief Executive Officer of Future Development Group Limited, Future International Investment Limited, and Future Holdings Group Limited from 2008 to 2022. In 2006, Mr. Wang worked as the Group Senior Vice President and General Manager of China Business at Salcon Berhad, specializing in business development of water supply and wastewater treatment projects in China. Prior to that, Mr. Wang was with Salcon Limited, Singapore as the General Manager of Beijing Office.

Mr. Wang holds a Bachelor’s Degree in Chemical Engineering from Nanchang Aeronautical University and completed the Manufacturing Management Training Course at the University of Southern California Business School.

Dr. Zhang Zhenpeng was appointed as the Executive Director and Chief Executive Officer of our Company on 2 November 2022. Dr. Zhang has around 20 years of domestic and overseas experience in the environmental and renewable energy industries.

Prior to joining Darco, Dr. Zhang was the Chief Executive Officer of Tianjin Ruiyuan Business Management Partnership Enterprise (LLP) in China since 2021. In 2016, Dr. Zhang worked as the President Assistant at Beijing Enterprises Clean Energy Group, a company listed on the main board of Hong Kong. In 2014, Dr. Zhang was the Managing Director of Beijing Enterprises Water Group International Pte Ltd in Singapore, responsible for overseas business development, project construction, and asset operation. Prior to that, Dr. Zhang was with Beijing Enterprise Water Group, China as the Vice/General Manager of the Overseas Business Unit, exploring investment opportunities in the overseas water industry.

Dr. Zhang holds a Ph. D., in Environmental Engineering from Nanyang Technical University.

Mr. Zhao Yong Chang is a veteran in the water and environmental business. During his 30 years professional experience, he was involved in the proposal, design, construction, commissioning and operation of various projects and plants. As Chief Operating Officer, Mr. Zhao will be responsible for supervising the group’s operation in terms of project sales and execution. Mr. Zhao will also be leading the development of investment projects to bring more recurring income. He assists the CEO in the formation of Group’s policies. In addition, Mr. Zhao is the Managing Director of Wuhan Kaidi Water Services Co., Ltd (“WHKD”).

Mr. Zhao holds a Bachelor’s degree from Tsinghua University and a Master’s degree from National University of Singapore. Mr. Zhao grew from a diligent engineer, to an efficient manager and a determined director. Mr. Zhao will contribute to the steady growth of the Group by leveraging on his extensive networks in China, Singapore and other ASEAN countries.

Mr. Peter, Tian Ye is the Company’s Senior Financial Controller responsible for overseeing the Group’s financial, account matters, and risk functions. Mr. Peter had more than 10 years of working in various firms, including listed entities, as the management handling finance operations. Mr. Peter started his career as an external auditor at RSM Chio Lim LLP in 2004. Before joining Darco, Mr. Peter was the Senior Finance Manager of China Construction (South Pacific) Development Pte Ltd managing the finance departments and a group of entities within the company.

Mr. Peter is a member of the Association of Certified Chartered Accountants (ACCA) and a Chartered Accountant of Singapore (CA Singapore). He holds a Bachelor’s Degree in Business Administration and Marketing from the University of Portsmouth.

Mr. David was appointed as the General Manager and Director of PV Vacuum Engineering Pte Ltd (PV) since 2001. He is responsible for the general management inclusive of profit & loss of PV, a company that specialise in Vacuum Application System for both Industrial and Commercial Application.

Mr. David has a Master from The University of South Australia and more than 25 years’ experience in this field. He was an invited speaker at the Institution of Engineers (Singapore); Ngee Ann Polytechnic for Mechanical / Electrical (Vacuum) Services, 11th Joint Meeting between Singapore Business Federation & Chinese International Econ. Corp Association (CIECA), a member of the working group that developed the Singapore Standard on Code of Practice for Pneumatic Waste Conveyance System-SS642:2019 and an invited council member of Gerson Lehrman Group Inc.