Jack Ma is dedicating full-time attention to his new role as Board of Trustees Chairman for the Conservancy's China program.
Amid much fanfare, on May 10 Jack Ma stepped down as CEO from Alibaba, the business he built from scratch in his hometown of Hangzhou that is now one of the biggest companies in the world. On the very next day, May 11, he assumed the role of his latest endeavor: to help restore China’s environment by becoming the Chairman of the Board for The Nature Conservancy’s China Program.
“I just got off work yesterday, and today I’m already back to work,” said Jack Ma at the first Board of Trustees meeting he has hosted for The Nature Conservancy (TNC). “Entrepreneurs are some of the most capable people in our society for establishing organizations,” continued Ma, “and us entrepreneurs here all love nature and want to make a difference. We are doing that by helping TNC become the most outstanding organization in China, and fundamentally improve China’s environment.”
Read an interview with Jack Ma or check out his recent TIME magazine profile.
Jack Ma is possibly the most revered businessman in China, leading Alibaba Group to become the largest e-commerce firm in the world. While he remains executive chairman of Alibaba, he is ready for his new role helping lead the Conservancy in China to “not necessarily just expand, but more importantly, do things honestly and openly, letting more people participate in conservation.”
TNC’s China Board of Trustees is made up of 28 influential leaders in China including renowned artist Zeng Fanzhi, entrepreneur and philanthropist Niu Gensheng, and founder of Zhongkun Group Huang Nubo. Jack Ma joined TNC’s China Board in 2009, and later became the first Chinese national on the organization’s global Board of Directors. He officially announced the establishment of TNC’s China Global Conservation Fund to support conservation projects around the world, and at an event on May 2, he announced a gift to the fund of $5 million.