Ruigang Li was appointed a director of WPP in October 2010. He is Founding Chairman of China Media Capital (CMC), China’s first sovereign private equity fund dedicated to Media and Entertainment sector investment. Through Li’s chairmanship, CMC’s most important investments include controlling stake acquisition of News Corporation’s China assets, a joint venture with DreamWorks Animation, a joint venture with world-leading Chinese language TV content provider and broadcaster TVB, China’s largest TV shopping company OCJ, all of groundbreaking industrial significance in China and beyond. Li was CEO of SMG (Shanghai Media Group) for 10 years while he grew SMG into China’s leading media conglomerate with the most diversified media assets of national reach.