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Li Runsheng

Independent Director
  • Appointed on 24 April 2014
  • Chairman of Nominating Committee
  • Member of Audit and Remuneration Committees

Mr Li is currently a Director of the Expert Committee of China Petroleum and Chemical Industry Association, and is involved in formulating policies, industry planning and development, facilitating trade disputes as well as new product development (oil and petrochemicals). He was actively involved in the China-US Fossil Energy Cooperation Protocol, and has contributed significantly to the strategy development of the oil and gas industry in China since 2006.

Prior to his current position as Vice Chairman of China Petroleum and Chemical Industry Association, Mr Li held several senior positions with Xin Mu Oil Processing Plant of Jilin Oil Field Administration, Jidong Oil Exploration and Development Company and China National Petroleum Corporation in the areas of administration, research, refining, marketing and communications. From 1998 to 2002, Mr Li served in various capacities with the State Bureau of Petroleum and Chemical Industry. Mr Li has been instrumental in the creation of the national oil security plan by the State Bureau of Petroleum and Chemical Industry and was involved in the drafting of the 11th and 12th Five-Year reform plans for the oil product market in China from 2002 to 2006. He also participated in the nation-wide restructuring of the oil industry, overseeing the mergers and acquisitions of some 560 oil marketing companies.

Mr Li graduated from Macau University of Science and Technology with a Master in Administrative Management and has over 30 years of experience in the petroleum and chemical industry.