DL China Distance Education Holdings Limited

BEIJING, Jan. 13, 2015 /PRNewswire/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, today announced the appointment of Mark Marostica as the Company's Vice President of Corporate Development and Strategy. In this role, Mr. Marostica will be responsible for leading corporate development initiatives for the company as well as strategic planning activities and investor relations.

Mr. Zhengdong Zhu, Chairman and CEO of CDEL, said, "I am very pleased to welcome Mark to our team, and believe his experience and extensive knowledge in the capital markets, education and Internet industries will provide a unique perspective on our financial and business strategy and allow him to make strong contributions in this role. We look forward to working closely with him in executing our strategic initiatives and driving long-term growth."

Mr. Marostica has over 15 years of experience in the capital markets, with a focus on Asian education and Internet companies. Before joining the Company, he was a managing director and senior research analyst at Piper Jaffray & Company from 1998 to 2014, and served as managing director and head of Asia equity research from 2009 to 2012. In that position he supervised coverage of more than 100 Hong Kong-listed companies and managed a team of 20 equity research analysts.  Prior to that he was a consulting manager at Deloitte & Touche from 1994 to 1998. Earlier in his career, Mark served as an information technology manager at Fortis, and as an analyst at Electronic Data Systems. Mark holds a master degree in Business Administration from University of St. Thomas and an Honors Bachelor of Commerce degree from Lakehead University.

About China Distance Education Holdings Limited                          

China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, healthcare, E&C, and other industries. The Company also offers other professional education courses for the national judicial examination, English proficiency test for professionals, computer application skills, and other occupational certifications or skills, online test-preparation courses for self-taught learners pursuing higher education diplomas or degrees, test preparation courses for university students intending to take the nationwide graduate school entrance exam, and online language courses. For further information, please visit http://ir.cdeledu.com.

Contacts:

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-distance-education-holdings-appoints-mark-marostica-as-vice-president-of-corporate-development-and-strategy-300019800.html

SOURCE China Distance Education Holdings Limited