Chinese ecommerce company Alibaba has named Michael Evans, a one-time candidate to succeed Lloyd Blankfein as chief executive of Goldman Sachs, among its independent board members as it prepares to float in the US.
Mr Evans retired last year having chaired Goldman Sachs in Asia from 2004 to 2010. The investment bank is one of six working on Alibaba’s much-anticipated initial public offering, alongside Credit Suisse, Morgan Stanley, JPMorgan, Deutsche Bank and Citigroup.
In an updated filing document posted with US regulators yesterday, Alibaba said Tung Chee-hwa, chief executive of Hong Kong from the British handover of power in 1997 until 2005, would be another new board member.
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