ZTE appoints chief export compliance officer

By:
Jason McGee-Abe
Published on:

ZTE Corporation has appointed Matthew Bell as the company’s chief export compliance officer and legal counsel ahead of a US sanction deadline

Bell’s appointment, which became effective on 28 October, has been made in a bid to enhance the company’s regulatory compliance programme. The move comes ahead an upcoming ban from November 28 for US component makers and software firms to do business with ZTE. The US Commerce Department imposed a trade embargo in early March this year over allegations that ZTE violated US sanctions by selling products with US technology into Iran.

Bell, who will be based in the ZTE USA headquarters in Richardson, Texas, will spend approximately a quarter of his time in Shenzhen, China at ZTE Corporation's headquarters. He will travel throughout ZTE’s global operations and is responsible for global compliance with export control laws and economic sanctions. Bell will also serve as the chief compliance officer and legal counsel for the company’s subsidiary ZTE USA.

"I am very pleased to welcome Mr. Bell to ZTE," said Zhao Xianming, president and chairman of ZTE's board of directors. "His appointment reflects our commitment to further strengthening our international compliance program in order to ensure it is robust, best-in-class and not only meets but exceeds the requirements under applicable laws and regulations in all global markets."

Bell, who has expertise in a number of compliance areas with a special focus on compliance with export controls and economic sanctions, will focus on further strengthening ZTE's regulatory compliance trainings, standards and assessments.

He will report to Cheng Gang, the company's chief compliance officer. Earlier this year, ZTE confirmed a new leadership team in a move widely seen as a response to the US threat to block ZTE from the international market. GTB