Hong Kong-based retailer Chow Tai Fook Jewellery Group’s Hong Kong, Macau, China and overseas operations will now be integrated under one leadership.
Kent Wong, Chow Tai Fook’s executive and managing director, corporate and Hong Kong, Macau and overseas is taking over the group’s China business following the resignation of Sai-Cheong Chan, executive and managing director for mainland China. Chan’s resignation takes effect on March 31, 2023.
“The company has put in place a detailed plan to ensure a seamless handover of (Chan's) current role and responsibilities to Mr. Wong. Mr. Wong will focus on overseeing China’s operations and strategy to ensure continuity and sustained business growth,” explained Chow Tai Fook.
According to Chow Tai Fook, Chan decided to step down due to “personal reasons of a private nature” and to devote more time to personal affairs.