Wen Yonggang, Professor and Chair of the School of Computer Science and Engineering at Nanyang Technological University, Singapore, has been appointed as a new independent director of Nio.
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Nio (NYSE: NIO) today announced that Wen Yonggang, a professor at one of Singapore's top universities, has been appointed as a new independent director on its board of directors, effective November 13.
Wen currently serves as Professor and Chair of the School of Computer Science and Engineering at Nanyang Technological University in Singapore.
He is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE), the world's largest technical professional organization, a Fellow of Singapore Academy of Engineering, and an Association for Computing Machinery Distinguished Member.
He also serves as the Director of the Centre for Computational Technologies in Finance, and has been the Associate Vice President at the President's Office of Nanyang Technological University since April 2023.
"We are delighted to welcome Professor Wen to the Board of Nio. With his outstanding academic background, combined with his expertise in cloud computing and computational sustainability, and passion for innovative technologies, Professor Wen brings unique perspectives to the Board," said William Li, founder, chairman and CEO of Nio.
"We believe that Professor Wen will be an important asset as we continue to innovate and build our proprietary software and hardware technological capabilities. I'm looking forward to working with him to achieve our mission of shaping a joyful lifestyle for our users," Li said.
Wen's career has been marked by pioneering work in applying learning-based techniques to system prototyping and performance optimization for large-scale networked computer systems.
He has received numerous awards for his contributions, including the 2020 IEEE Industrial Technical Excellence Award, the 2019 Nanyang Research Award and the 2016 Nanyang Award in Innovation and Entrepreneurship, according to Nio's announcement.
Wen has a strong record of leadership in academic and research roles, including serving as the Chair for IEEE ComSoc Multimedia Communication Technical Committee from 2014 to 2016 and the Editor in Chief of IEEE Transactions on Multimedia currently. Professor Wen received his PhD in Electrical Engineering and Computer Science from Massachusetts Institute of Technology in 2008.
Wen resides in Singapore and meets the requirements set out in the Singapore Stock Exchange Listing Manual, Nio's announcement noted.
On May 20, 2022, Nio listed on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST), making it the first Chinese car company to list in three locations.
Nio announced at the time that it would establish an artificial intelligence and autonomous driving research and development center in Singapore. The company has now established R&D centers in Beijing, Shanghai, San Jose in the US, and Europe.
In May, Lawrence Wong, Singapore's Deputy Prime Minister and Minister for Finance, visited one of the Nio Houses in Shanghai.
"Nio is building a R&D Center in SG, where it looks into smart power solutions & autonomous driving technologies. Had a fruitful conversation & I wish Nio all the best in its EV journey in SG," Wong tweeted at the time.
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