Business
Chow Tai Fook Enterprises Announces Triumvirate Leadership: Appoints Co-CEOs Christopher Cheng, Patrick Tsang, and Ho Gilbert Chi Hang to Spearhead Growth
Chow Tai Fook Enterprises has appointed three co-CEOs, each with a wide range of experience, to spearhead its expansion. The CEO's office will be under the leadership of Christopher Cheng, Patrick Tsang, and Ho Gilbert Chi Hang.
On Friday, Chow Tai Fook Enterprises (CTFE), the Cheng family's investment holding firm, announced the establishment of a CEO's office. This office will be led by three executives, one of whom is among the youngest members of the family.
CTFE announced in a statement that the freshly created role will be led by Christopher Cheng Chi-leong, who serves as the co-CEO and chief of North Asia. Joining him are co-CEOs Patrick Tsang On-yip, chief of the Americas, Australia, and Europe, and Ho Gilbert Chi Hang, who oversees corporate functions and operations.
Christopher Cheng is a son of the billionaire and family head, Henry Cheng Kar-shun, and the younger sibling of Adrian Cheng Chi-kong. Adrian is the CEO and Executive Vice-Chairman of New World Development, a company within the group.
Establishing a CEO office will empower CTFE to expedite its expansion and fortify its operations, according to a company statement. The trio of top-level executives contribute a broad range of industry and regional proficiency, which is crucial for the forthcoming growth stage of the family office.
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