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Ctrip appoints CEO is promoting Mr. Min Fan to be Ctrip’s Chief Executive Officer, effective immediately. Mr. James Liang, Ctrip’s Chairman and former Chief Executive Officer, will continue to serve as the Chairman and also lead Ctrip’s strategic development and new business initiatives.

Mr. Fan is a co-founder of Ctrip and has held several senior managerial positions at Ctrip, including as the Chief Operating Officer prior to the promotion. Mr. Fan has over 15 years of experience in the travel industry in China. Prior to founding Ctrip, he worked as the general manager of Shanghai Travel Agency, a leading travel agency in China, and also worked as the Deputy General Manager of Shanghai New Asia Hotel Management Company. Mr. Fan obtained his Master’s and Bachelor’s degrees from Shanghai Jiao Tong University. He also studied at the Lausanne Hotel Management School of Switzerland.

Commenting on Mr. Fan’s promotion, Mr. Liang said, “I can think of no other individual better suited than Min to take Ctrip to the next level of success. In his new role, Min will be responsible for overall business and operations of the company, while I will concentrate on strategic development and new business initiatives, in addition to assisting Min during the transition.”

“With its strong foundation and a tremendously talented management team, I am confident that Ctrip will continue to grow market share in the travel consolidator market and also dominate the fast-growing online travel market in China,” said Min Fan.