Genscript Biotech (HKG:1548) rotating Chief Executive Officer Liu Zhenyu will step down effective Dec. 31, citing "personal career development," according to a Monday filing with the Hong Kong Exchange.
Liu also stepped down as chairman of subsidiary Probio Technology, effective Dec. 1.
Shao Weihui will stay as rotating CEO, while Li Zhu will succeed Liu as chairman at Probio.