Shangri-La Asia Limited appointed Madhu Rao managing director and chief executive officer of Shangri-La International Hotel Management Limited (commonly referred to as Shangri-La Hotels and Resorts).
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Mr. Rao succeeds Mr. Giovanni Angelini, former managing director and chief executive officer of the company. Mr. Angelini remains an executive director of Shangri-La Asia Limited and a member of the executive committee of its board of directors.
Mr. Rao has more than 20 years experience with Shangri-La Hotels and Resorts, which he joined in 1988 as group financial controller. He was appointed chief financial officer of Shangri-La Asia Limited in 1997 and continues to concurrently hold that position.
Previously, he was 17 years at a leading chartered accountancy practice in Mumbai, India, responsible for the management consultancy practice of the firm, including 12 years as partner. He is a graduate in Commerce from the University of Mumbai and a fellow member of the Institute of Chartered Accountants of India.