March 19, 2013
/PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company" NYSE: AMBO), a leading national provider of educational and career enhancement services in
, today announced that its Board of Directors designated
as the chairman of the audit Committee of the Company and the chairman of the special committee formed by the Board of Directors on
July 3, 2012
, with the assistance of Fenwick & West LLP, to conduct an internal investigation over allegations made by a former employee of the Company of financial impropriety and wrongful conduct in connection with the Company's acquisition of a training school in 2008.
was appointed as a director of the Company on
March 18, 2013
is a counsel at PacGate Law Group. He is a
licensed attorney and is qualified to practice before the United States Patent and Trademark Office. Justin Chen graduated from the
University of Iowa
, College of Law in 1998, with a Juris Doctor degree and graduated from Peking University, Department of Biochemistry with a bachelor's degree in 1992 and obtained his Master of Biochemistry and Juris Doctor degrees, both from
University of Iowa
in 1995 and 1998, respectively.
About Ambow Education Holding Ltd.
Ambow Education Holding Ltd. (NYSE: AMBO) is a leading national provider of educational and career enhancement services in
, offering high-quality, individualized services and products. Ambow has two business divisions: "Better Schools," which includes K-12 schools and tutoring centers; and "Better Jobs," which includes colleges and career enhancement centers. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in 30 out of the 31 provinces and autonomous regions within
For investor and media inquiries please contact:
IR Manager Ambow Education Holding Ltd. Tel: +86-10-6026-8130 Email:
SOURCE Ambow Education Holding Ltd.