People Moves

Luca Frontini ousted as CEO of Lombarda China

By Liz Mak | 7 May 2008
Keywords: lombarda

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Shareholders of the China fund JV vote to remove Frontini as CEO but the circumstances surrounding his departure remain a mystery.

Shareholders at Lombarda China Fund Management in Shanghai have voted to remove Luca Frontini as CEO of the firm. The decision was effective from May 1 and Lombarda’s chief operating officer Wang Hua has stepped in as interim CEO for the next 90 days.

Questions surrounding the circumstances of Frontini’s departure remained unanswered by the time this story went to press.

Frontini’s sudden departure is a surprise to many in the industry as he was among the few recognisable western faces running a Chinese fund company. Prior to joining Lombarda, Frontini was an economist ...

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