 |
HONG KONG, Feb. 28, 2017 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) announced today that with effect from 1 March 2017, Ni Quiaque Lai ("NiQ") will be named Chief Operating Officer ("COO"). Formerly the Group's Chief Talent & Financial Officer ("CT&FO"), NiQ, in this expanded new role, will lead the Group's sales and marketing operations for the residential market whilst he retains executive oversight of his previous CT&FO responsibilities in finance, legal as well as Talent engagement.
NiQ's appointment leverages a multifunctional perspective to consolidate greater synergy between HKBN's various teams to drive sustainable growth for the Group's business and operations. Whilst NiQ will retain executive oversight in the respective areas of finance, Talent engagement and legal, Andrew Wong, Financial Controller, CY Chan, Associate Director -- Talent Management & Organization Development and Co-Owner, and Amy Tam, Head of Legal & Company Secretary and Co-Owner, will step up to take on more operational management responsibilities in their respective areas. As COO, NiQ will report directly to CEO and Co-Owner William Yeung.
William Yeung said, "NiQ's strong leadership and deep understanding across many different aspects of our business means he is well positioned to unify our strengths and steer HKBN's growth via improved strategic thinking, efficiency and agility among teams."
The Group also announces that its Chief Marketing Officer, Selina Chong, has decided to step down from her role with effect from 19 March 2017 to focus on new opportunities beyond HKBN. In her five years with the Group, Selina successfully strengthened the HKBN brand, making it a highly compelling choice for broadband, mobile, and OTT services as well as enterprise solutions. The Group thanks Selina for her tremendous contributions and wishes her all the best in her future endeavours.
About HKBN Ltd.
HKBN Ltd. (SEHK Stock Code: 1310, together with its subsidiaries, the "Group") is an investment holding company. The Group is Hong Kong's largest provider of residential high speed fibre broadband (symmetrical 100Mbps to 1,000Mbps) services by number of subscriptions, and a fast growing enterprise solutions provider. The Group offers a full range of telecommunications solutions for both the residential and enterprise markets, encompassing broadband and Wi-Fi network services, cloud solutions, data connectivity, data facilities, system integration, mobile services, entertainment and voice communications. HKBN owns an extensive fibre network in Hong Kong, which covers over 2.2 million residential homes passed, representing approximately 81% of Hong Kong's total residential units, and 2,300 commercial buildings. HKBN embraces "Make our Hong Kong a Better Place to Live" as its core purpose, and takes great pride in developing its Talents into a competitive advantage. The Group is managed by about 340 Co-Owners who have invested their own savings to buy HKBN shares, representing the majority of supervisory and management level Talents in the Group.
Appendix -- Key Executive Bios
NiQ Lai, Chief Operating Officer and Co-Owner, joined 2004. NiQ has over 24 years of experience in telecom, research and finance industries. Prior to joining the Group, NiQ was Director and Head of Asia Telecom Research at Credit Suisse. In 2016, NiQ was chosen Best CFO in Hong Kong in the FinanceAsia Survey. As one of the pioneers shaping HKBN's unique Talent culture into a competitive advantage, he was named a Champion of Human Resources by The Hong Kong HRM Awards in 2009. In his youth, NiQ aspired to be a professional tennis player but a lack of sporting talent diverted him into the corporate track instead. NiQ holds a Bachelor of Commerce Degree from the University of Western Australia, and an Executive Master of Business Administration Degree from Kellogg-HKUST, Hong Kong. NiQ is a Fellow member of the Hong Kong Institute of Certified Public Accountants and CPA Australia.
Andrew Wong, Financial Controller, joined 2006. Andrew joined the Group as Manager in 2006 and is now responsible for overall finance functions. During his 10 years with the Group, Andrew has been a key team member responsible for different capital projects such as the management buyout in 2012, the initial public offering in 2015, acquisition of New World Telecom in 2016 and several major refinancing projects between 2013 and 2016. Prior to joining HKBN, Andrew spent five years with KPMG in Hong Kong specializing in the telecommunications industry. He holds a Bachelor's Degree in Accounting and Law from the University of Manchester in the UK and an Executive Master of Business Administration Degree from the Chinese University of Hong Kong. He is also a member of the Hong Kong Institute of Certified Public Accountants.
CY Chan, Associate Director -- Talent Management & Organization Development and Co-Owner, joined 2011. CY oversees HKBN's Talent management, organization development and performance improvement strategy and initiatives. He has over 15 years of experience in organizational change, HR and business development. As a business consultant and HR practitioner across different industries, CY has worked for Wilson Learning China, Dun & Bradstreet and Hutchison Global Communications, and was involved in large sized consultancy projects like partnership projects for MTR Corporation, raising commercial awareness of NGOs for the Social Welfare Department and leadership development programmes for over 60 organizations across the South China region. Believing that success starts with a clear purpose, he enjoys sharing his experience and hopes that he can be a catalyst for the career and life success of others. CY holds a Master of Science Degree in Strategic HRM from Hong Kong Baptist University and a Master of Social Science Degree in Applied Psychology from City University of Hong Kong.
Amy Tam, Head of Legal & Company Secretary and Co-Owner, joined 2015. With over 20 years of experience in the legal field, Amy oversees the legal and regulatory aspects of the Group. Prior to joining HKBN, she worked in both private practice and as a Senior Legal Advisor for MTR Corporation Limited. Amy was admitted as a solicitor and practicing lawyer of Hong Kong by the High Court of Hong Kong in July 1991 and has been a member of the Law Society of Hong Kong since July 1991. In 1992, she was also admitted as a solicitor of the Supreme Court of England and Wales. Amy's expertise covers general commercial work, property management, compliance and corporate governance, China business and general litigation. She believes that by committing to a high standard of corporate governance practices, the integrity of the Group's operations is safeguarded and stakeholder trust is also maintained.
Logo - http://photos.prnasia.com/prnh/20150818/8521505360LOGO
