HK Electric Investments (2638) has appointed Francis Cheng Cho-ying as chief executive, succeeding Wan Chi-tin who retires next month.

Cheng, 66, will also become managing director of HKEI’s wholly-owned subsidiary, HK Electric, from July.

Cheng joined the group in 1979 and has been HK Electric’s operations director since 2017.

Over the years he has been responsible for the business and operation of the group and has led in areas including power station operations, transmission and distribution, system controls and information infrastructure.

He is entitled to an annual pay package including benefits of HK$5.42 million and a discretionary bonus for each financial year.

A filing by HKEI also said Kwan Ying-leung will be appointed an executive director and HK Electric’s engineering director.

Other changes at the top of organisations see Emperor International (0163) redesignating executive director Cheung Ping-keung to a non-executive director with effect from September due to him reaching retirement age.

And Jack So Chak-kwong has been appointed Airport Authority Hong Kong chair for another year by the SAR administration.

https://www.thestandard.com.hk/section-news/section/2/252949/Francis-Cheng-takes-top-HKEI-post

Category: Hong Kong