Deplored! Zhao Anji, chairman of Fumao Group, passed away in a car accident

Mondo Finance Updated on 2024-02-13

According to a number of ** news, Angela Chao, chairman and CEO of Foremost Group, died in a car accident in the early morning of February 12 at the age of 50. The Zhao family issued an obituary, lamenting her untimely death, and the family felt extremely sad.

Anji Chao (1973-2024), born in the United States and originally from Jiading, Shanghai, is the sister of former U.S. Secretary of Labor Elaine Chao and a former independent non-executive director of Bank of China. He has served as an independent director of Bank of China since January 2017. He is currently the Chairman and Chief Executive Officer of Fumao Group. From 1994 to 1996, he worked in the Mergers & Acquisitions department at Smith Barney (now part of Morgan Stanley Group).

It is reported that Fumao Group was founded in 1964 in New York, USA, and is a well-known Chinese shipping company in the United States, whose main business includes international shipping, finance and international shipping. Zhao Xicheng, the founder and former chairman of the group, is a well-known Chinese-American, and was once awarded the title of "Chinese Ship King in the United States". Zhao Xicheng's 6 daughters are all industry elites, the eldest daughter Chao Xiaolan once served as the U.S. Secretary of Transportation and Secretary of Labor, the first Asian woman in the U.S. Cabinet, the first Chinese minister, and Zhao Anji is known as "the most capable little sister of the Zhao family", and the daughter inherited her father's business, becoming the only child to inherit her father's business.

Zhao Anji took over from his father Zhao Xicheng in 2018 and became the leader of Fumao Group. Zhao Xicheng said that the sudden death of his daughter at a young age "is something we never imagined, and our whole family is devastated." Zhao Xicheng said that Zhao Anji, the youngest of his six daughters, has been interested in shipping since she was a child. He recalled that in the days of "taking his daughter to work", Zhao Anji was an excellent companion full of curiosity and desire for knowledge.

He mentioned that his daughter's precocious personality and strong intellectual curiosity from an early age made her popular with everyone and helped her excel in everything she did. Zhao Anji is filial piety, considerate, kind and optimistic, and always has witty words, bringing endless laughter and happiness to the people around him.

The Zhao family's obituary mentions that although Zhao Anji was born in the United States, she never forgot her roots and helped build a bridge between the East and the West throughout her life. She also serves as the Honorary President of the Chiao Tung University Alumni Association of the Americas, Co-Chair of the Advisory Board of the Asian American Association, and a member of the Young Leaders Forum of the National Committee on U.S.-China Relations. The Zhao family said that Zhao Anji's sudden departure not only left a piece of the family's heart, but also a major loss to the Asian community.

*: China Overseas Chinese Network WeChat *** Comprehensive American World **, Finance Associated Press, etc.].

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