DST executive joins China's Xiaomi as CFO

Singaporean national Chew joined DST in 2010, and helped the firm invest in Xiaomi in 2011. Based in Hong Kong, Chew was also involved in investments in e-commerce giants Alibaba Group and JD.com, as well as ride-hailing app Didi Dache. Prior to that, Chew worked for Goldman Sachs in London.

"Shou Zi was a successful investor with unique investment insights and financial skills, who recognized Xiaomi's value early on and helped DST complete its investment in the company," Lei Jun, founder of Xiaomi, said in a statement.

He is confident that the company's financial management team will support Xiaomi's technical innovation, ecosystem development and international expansion.

Chew's appointment follows that of Hugo Barra, formerly a top executive at Google; Chen Tong, previously with China internet firm Sina Corporation; and Wang Xiang, ex-Greater China president at Qualcomm.

Xiaomi, which raised a $1.1 billion funding round in late December that valued the four-year-old company at $45 million, wants to expand its global footprint and recently made high-profile debuts in India and Brazil.

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