Valiente departs SCMP post

HONG KONG - Nancy Valiente has announced her decision to resign from SCMP Group after eight years as managing director and chief financial officer, expressing a desire to take a sabbatical in order to travel and engage in volunteer work.

Valiente joined SCMP Group in 2000, building a solid management team, restructuring the group (which also publishes Chinese editions of Cosmopolitan, CosmoGirl! Harper’s Bazaar and Automobile) to focus on its core business.

She is also credited with having improved corporate governance and accountability.

Valiente is due to leave her post in early 2008.