Hong Kong Billionaire Henry Cheng's Family Office Names Son Christopher As Co-CEO [Forbes]
NWS HOLDINGS LTS S/ADR (NWSGY)
Company Research
Source: Forbes
ong Kong billionaire has appointed one of his sons, Christopher, as co-CEO of the family's private investment firm, Chow Tai Fook Enterprises, marking the latest development in the succession plan of the city's third-richest clan. Christopher leads Chow Tai Fook Enterprises with co-CEOs Patrick Tsang and Gilbert Ho, the family office announced on Friday. Christopher, 35, focuses on the firm's investments in North Asia; Tsang focuses on investments in the Americas, Australia and Europe while Ho is responsible for Chow Tai Fook Enterprises' corporate functions and operations. A Harvard graduate, Christopher is also an executive director of NWS Holdings, the Cheng family's Hong Kong-listed infrastructure arm. Before the appointments, Tsang has been the sole CEO of Chow Tai Fook Enterprises since 2012. Tsang is the husband of Sun Wing Yee, one of Henry's nieces. Ho is the co-CEO of NWS. “I am excited to continue to grow the office with the appointment of the three leaders whom I ha
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