UNIVERSAL MUSIC GROUP ANNOUNCES NEW SENIOR EXECUTIVE MANAGEMENT APPOINTMENTS WITHIN ASIA
Respected industry executive Ang Kwee Tiang (KT Ang) appointed SVP, Asia Public Policy
New finance and marketing infrastructure within Greater China to maximize creative and commercial opportunities for UMG artists
BEIJING AND SANTA MONICA, 07 January 2019 – Universal Music Group (UMG), the world leader in music entertainment, today announced a series of executive management appointments within Greater China and throughout the Asia region, effective immediately. These additions signal a significant expansion of UMG’s finance, marketing and public policy infrastructure in Asia to maximize creative and commercial opportunities across these markets.
Announcing the changes, Adam Granite, Executive Vice President, Market Development, Universal Music Group said, “In order to maximize the opportunities for growth throughout these dynamic and fast evolving markets, we have expanded and bolstered our senior management teams within Greater China and throughout Asia to ensure that UMG remains at the forefront of industry change and innovation, breaking new talent and embracing new platforms and audiences, as the adoption of streaming through legal services continues to drive the growing music economy forward within the region.”
Expansion of core management team within Greater China and South East Asia
Aaron Wang has been appointed as Chief Financial Officer for Greater China and will oversee all financial operations within Greater China. He will be based in Beijing and report to Sunny Chang, Chairman & CEO, UMG Greater China and Boyd Muir, Executive Vice President, Chief Financial Officer and President of Operations for Universal Music Group. A highly skilled and experienced Financial executive, Wang joins the team in Greater China from Sony Pictures Entertainment, where he held the position of CFO, Greater China. He previously held positions at Yake Trading Co., Sequel AG (A Timex Company) & American Express.
In addition, Tracy Mu has been appointed as Finance Director, Universal Music China. Mu will report to Wang and Garand Wu, Managing Director, Universal Music China and joins UMG from international technology company Dolby Industries, where she spent 11 years, most recently as Finance Manager, APAC.
Yvonne Yuen has been appointed as SVP, Marketing, Greater China. She previously held the position of SVP, International Marketing for UMG in South East Asia and will continue to be based in Hong Kong. An accomplished music marketing executive, she brings significant experience working with both domestic and international artists throughout the region and will report to Sunny Chang. Prior to joining UMG in 2005, Yuen held the position of VP, Marketing, Sony Music Asia and roles at Warner Music and Arena Group in Hong Kong.
Sunny Chang, Chairman & CEO, Universal Music Greater China said, “These new additions to our senior management team show our ambition to expand the boundaries of commercial success for our recording artists, labels and other businesses both within Greater China and internationally. Working closely with our UMG partner labels globally, we will look to introduce more Chinese talent to international audiences as we did with Kris Wu in 2018, whilst also helping UMG’s international artists achieve success in to this rapidly growing music market.”
Elvin Eng appointed CFO, South East Asia Region
In addition, Elvin Eng, who currently holds the position of VP, Finance for UMG, Asia Region has been promoted to CFO, UMG, South East Asia region, reporting to Muir. Eng will oversee the finance operations and strategy for South East Asian markets including Korea and will be based in Singapore.
Appointment of Ang Kwee Tiang (aka KT Ang) as SVP, Asia Public Policy
UMG also announced the appointment of highly respected industry executive Ang Kwee Tiang (aka KT Ang) to the newly created position of Senior Vice President, Asia Public Policy, effective immediately. Ang joins UMG from IFPI, the global trade body for recorded music, where he has served as Regional Director, Asia Pacific since 2013.
With more than 25 years of music industry experience throughout Asia, Ang has been intimately involved in the development of public policy affecting music, including the enactments of copyright laws and their enforcement, anti-piracy efforts and the establishment of more than a dozen copyright collection societies for creators, publishers and producers in the region. Through his directorships on the respective boards of these organizations, he has also worked on implementing globally accepted standards of governance. Ang, who is an attorney by training, has also previously worked as the regional director, Asia Pacific for CISAC.
Reporting to UMG’s Executive Vice President, Public Affairs, Eric Berman, Ang will work closely with Granite and the regional executive teams to ensure that UMG is leading the conversation to help create and sustain a robust and effective copyright framework to support a sustainable ecosystem for artists, creators and industry throughout the region. Based in Hong Kong, he will work across all markets throughout the region, including Hong Kong, Taiwan, China, Indonesia, Malaysia, Philippines, Singapore, Thailand, South Korea, India, Japan and Vietnam.
Of Ang’s appointment, Berman said, “KT’s appointment is not only a reflection of the fact that Asia is a crucial priority for UMG, and that sound public policies are essential to the success of the creative sectors, but also a reflection of the tremendous value of KT’s unparalleled experience and singular talent. You’d be hard-pressed to find someone with greater personal understanding of music public policy through the region. He also brings a unique breadth of expertise across the Asian music industry – from music publishing to recorded music –that will support our dynamic team in the region. Although we have known him and his work for many years, it is a great pleasure to welcome him to the UMG family.”
About Universal Music Group
Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. Universal Music Group is a Vivendi company. Find out more here.