was appointed as an executive Director in June 2007, and has been appointed as the chairman of the Company and re-designated as a non-executive Director in May 2021. He is also a member of the remuneration committee of the Board. Dr. Cheng joined the Group in 2007 and is responsible for overseeing the strategic direction of the Group. He is the Executive Vice-chairman and Chief Executive Officer of New World Development Company Limited (“NWD” and together with its subsidiaries, including the Company, “NWD Group”), which is a substantial shareholder of the Company, an executive director of Chow Tai Fook Jewellery Group Limited, the chairman and a non-executive director of Arta TechFin Corporation Limited, and a non-executive director of NWS Holdings Limited, all being listed public companies in Hong Kong. Dr. Cheng is a director and the executive chairman of New World China Land Limited and the chairman of New World Group Charity Foundation Limited. He is also a director of Chow Tai Fook (Holding) Limited and Chow Tai Fook Enterprises Limited, both are substantial shareholders of the Company. He was a non-executive director of New Century Healthcare Holding Co. Limited, Giordano International Limited and a non-executive director and a co-chairman of Meta Media Holdings Limited, all being listed public companies in Hong Kong, up to his resignation on 1 June 2022, 1 December 2022 and 5 October 2023 respectively.

Dr. Cheng serves as a member of the 14th National Committee of the Chinese People’s Political Consultative Conference of The People’s Republic of China, a vice-president of All-China General Chamber of Industry and Commerce, the chairman of the Mega Arts and Cultural Events Committee, a board member of the Hong Kong Financial Services Development Council and the chair of the board of Hong Kong Academy for Wealth Legacy, a non-official member of the Task Force on Promoting and Branding Hong Kong, and a member of the United Nations Economic and Social Commission for Asia and Pacific (ESCAP) Sustainable Business Network (ESBN) Executive Council and the chair of the ESBN Task Force on Innovation. He is also the vice chairman of CTF Education Group, the founder of The WEMP Foundation, and the chairman of China Young Leaders Foundation. Dr. Cheng is a Justice of Peace appointed by the Government of the Hong Kong Special Administrative Region since 2016 and was awarded the Silver Bauhinia Star in 2022. He was made an “Officier de l’Ordre des Arts et des Lettres” by the French Government in 2017, and an “Officier de l’Ordre National du Mérite” in 2022. Dr. Cheng holds a Bachelor of Arts Degree (cum laude) from Harvard University, and received the Honorary Doctorate of Humanities by the Savannah College of Art and Design in 2014. He was conferred an Honorary Fellowship by Lingnan University in 2014, an Honorary University Fellowship by the University of Hong Kong in 2022 and an Honorary Fellowship by the Hong Kong University of Science and Technology in 2023. Dr. Cheng worked in a major international bank prior to joining NWD Group in September 2006 and has substantial experience in corporate finance. 
 

has been a non-executive Director since May 2021. Ms. Chiu was appointed as an executive director of New World Development Company Limited (“NWD” and together with its subsidiaries, including the Company, the “NWD Group”) in May 2020. She joined the NWD Group in 2004 and is currently the Senior Director – Human Resources of NWD. Ms. Chiu is responsible for planning and driving full spectrum of strategic human resources direction, including talent acquisition, talent development and management, reward management and human resources partnering services. Prior to joining the NWD Group, she had taken up managerial role in renowned corporations in information and communications technology services and property development industries. Ms. Chiu graduated from The Chinese University of Hong Kong. She is an Associate Member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute. Ms. Chiu possesses over 20 years of experience in human resources and corporate management. Ms. Chiu is a member of the Employees Retraining Board.