Ms Wu brings more than 12 years of experience in corporate finance to the company. She joined Shanda as vice president of strategic investments in October 2007. Prior to joining Shanda, she spent five years with AU Optronics, a manufacturer of flat panel displays, where she was responsible for financial planning and analysis, investor relations and capital markets activities.

Tianqiao Chen, CEO and chairman of the board of directors at Shanda, said: Grace is a key strategic addition to Shanda’s executive team, especially given her broad corporate finance experience and her background in the investment banking community.