LONDON -- Huawei, a leading global information and communications technology (ICT) solutions provider, today announced the opening of its Global Finance Centre of Excellence in the United Kingdom. The new centre, located in the city of London, will manage Huawei's global finance risks and ensure that the company's financial operations continue to operate at low risk and to the highest international standards with high efficiency.

Cathy Meng, Huawei Chief Financial Officer and member of the Executive Committee of Huawei’s Board of Directors, shared in her keynote speech, delivered at the 2013 ICT Finance Forum in London on November 20: “This new centre will be responsible for managing the risks of our critical finance functions including account treatment, liquidity management, foreign exchange risk management, credit management and global financial compliance. It will become the overall financial risk assessment and control centre for Huawei, and will help Huawei carry out consistent and low-risk financial operations globally, allowing us to continuously provide our customers with high-quality services.”

Ms. Meng went on to say: “As one of the world's key financial centres, London is in an important strategic position. The city not only has the skills and expertise that Huawei requires to realize operational excellence, but also the language and time zone advantages that make it an ideal location for Huawei's Global Finance Centre.”

Huawei Technologies Co. Ltd.