CIBT Appoints New Vice President of Finance & Corporate Compliance
Capital Alliance Group Inc. (TSX.V: CPT) is pleased to report that its subsidiary, CIBT School of Business and Technology Corp (“CIBT”), has appointed Mr. Dennis Huang as its new Vice President of Finance & Corporate Compliance to take effect on October 1st 2006.
Mr. Huang graduated with a Bachelor of Science degree from Zhongshan University, Guangzhou, China in 1982. He furthered his study at Jinan University, Guangzhou, China and received his Master of Economics degree (Management Direction) in 1988, and ultimately a Doctorate degree in Economics in 1998. Mr. Huang also obtained the designation of Financial Management Advisor (FMA) in Canada, completed a variety of Canadian Securities Courses and qualified as Officer and Director (OD), Compliance Officer (CO), Alternate Designated Person (ADP), Alternate Registered Options Principal (AROP) and Investment Adviser (IA) in the securities broker dealer industry.
In addition to his extensive education in the financial services sector, Mr. Huang established an impressive track record in his professional career. Prior to immigrating to Canada, Mr. Huang served as the CEO of Shenzhen Newsnet Co. in Shenzhen, China, which he developed into one of the largest and most profitable internet service providers in Southern China. In 1997, Mr. Huang followed his success with Shenzhen Newsnet by co-founding and serving as Senior Vice President of Prosperity Network, an online financial services provider which developed the first online stock trading and fund transferring system in China. Prosperity Network also designed and developed stock2000.com.cn, one of the top ten Chinese financial web sites with over one million registered users. Following Prosperity Network, Mr. Huang joined Guangdong Securities Co., Guangzhou, China in 2000 as its general manager of E-Business where he helped to double the customer base of online trading from 25,000 to over 50,000. In 2003, Mr. Huang served as Chief Information Officer at ChinaEagle Network Co. Ltd, a subsidiary of ChinaEagle Securities, one of the top securities and investment firms headquartered in Shenzhen, China. Mr. Huang was responsible for developing the management information system, financial reporting structure, business analysis and corporate strategy. After he immigrated to Canada, Mr. Huang obtained his financial services training at Edward Jones Canada and most recently served as President of Stoxtrade Investments Inc., in Canada.
“Mr. Huang is a tremendous addition to our senior management team”, commented Toby Chu, president and CEO of Capital Alliance Group and CIBT. “With his wealth of international experience and market knowledge in China, he will be a key addition to the company as it continues to pursue expansion opportunities throughout China.”
Capital Alliance Group Inc. and
CIBT School of Business & Technology Corp.
Toby Chu
President & C.E.O.
Investor Relations Contact: Mr. James Neil * N. America Toll Free: 1-888-865-0901 Ext.322 * Email: info@cag-global.com
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