Verizon Promotes Francis Yip to Lead Asia-Pacific Business

HONG KONG, June 24, 2014 /PRNewswire/ -- Christopher Formant, president of Verizon Enterprise Solutions, has promoted Francis Yip to group vice president of Verizon Asia Pacific.

In his new role, Yip is responsible for delivering strategic cloud, security, mobility, network and connected machines solutions to Verizon's multinational enterprise clients across the Asia-Pacific region. Based in Hong Kong, Yip was most recently Verizon's managing director for North Asia, with responsibility for Verizon's business in Hong Kong, China, Korea and Taiwan.

Formant said: "Francis is an exceptional talent, and we believe he has the experience and expertise to continue to grow our business in Asia-Pacific. His leadership in North Asia in the past two years has earned him a first-class reputation for commercial acumen. His in-depth understanding of technology businesses in Asia, particularly in emerging markets, will be instrumental in helping our customers move their businesses forward."

Prior to joining Verizon, Yip was responsible for managing Dimension Data's North Asia operations. He has also held senior management positions at Equant (now Orange Business Systems) including general manager for China. A native of Singapore, Yip is fluent in several languages including English, Mandarin, Cantonese, Korean and Malay.

He replaces Andrew Dobbins, who announced his retirement earlier this month.

Verizon Enterprise Solutions is a leading provider of advanced IT and communications services to enterprise and governments around the world. Visit Verizon Enterprise Solutions for more information.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 103 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 176,900. For more information, visit www.verizon.com.

Verizon Enterprise Solutions Online News Center: News releases, blog posts, media contacts and other information are available in Verizon Enterprise Solutions' online News Center at http://www.verizonenterprise.com/about/news. News from Verizon Enterprise Solutions is also available through an RSS feed at http://www.verizonenterprise.com/rss-options/.

SOURCE Verizon

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