Vestas will re-organise the current SBU APC into two new SBUs for the region per April 1, 2017. The two SBUs will be called SBU CHI, covering China and Mongolia, and SBU ASP, covering all other Asia-Pacific countries, including India. The two SBUs will be based in Beijing and Singapore respectively.
To head up the new SBUs, two Presidents/Group Senior Vice Presidents have been appointed. Mr. Kebao Yang, who most recently was Chairman and General Manager of Caterpillar (Qingzhou) Ltd. , will head SBU CHI, joining on March 20, 2017, while the appointed head of SBU ASP will join Vestas during April 2017 and be disclosed at a later point. With the decision to split the current SBU APC into two new units, President and Group Senior Vice President Chris Beaufait has chosen to leave Vestas to pursue new opportunities outside of the company.