Consumer >> CEO Interviews >> February 10, 2015

Interview with the CFO: Synutra International, Inc. (SYUT)

Ning Cai has served as Synutra International, Inc.’s Chief Financial Officer since December 2012. Ms. Cai has 13 years of experience in corporate finance and investment banking. Prior to joining Synutra, Ms. Cai served as the Director of Investment Analysis at Trina Solar Limited from April 2010 to April 2012 and as the Controller of the System Group and for the China region from May 2012 to December 2012. Before that, Ms. Cai worked for nine years at Scotia Capital, the investment-banking arm of The Bank of Nova Scotia. Ms. Cai worked on the execution team in Scotia Capital’s San Francisco office where she held progressive positions as Associate from 2001 to 2003, Associate Director from 2003 to 2006, and Director from 2006 to 2009, primarily covering the portfolio management and deal execution for the real estate, gaming and leisure, and technology industries. Ms. Cai started her career with Ernst & Young’s Shanghai office where she was a staff accountant in the tax group from 1997 to 1999. Ms. Cai earned a bachelor’s in economics from Shanghai International Studies University and an MBA from University of Iowa Tippie College of Business. Ms. Cai is a chartered financial analyst — CFA. Profile
TWST: Can you tell us the history of the company itself?

Ms. Cai: We are a leading infant formula manufacturer and marketer in China. The company started in 2001 as a joint venture