(Bloomberg) -- Country Garden Holdings Co. elevated Yang Huiyan, China’s richest woman, to co-chair alongside her father, potentially giving her even more power over the nation’s largest residential developer.
Yang is China’s richest woman by virtue of her 57 percent stake in Country Garden, according to the Bloomberg Billionaires Index. She grew up with the company, attending company meetings since she was a teenager and starting as a procurement manager in 2005 after graduating from Ohio State University.
Her re-designation will take effect immediately.
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