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HONG KONG, Dec. 18, 2017 /PRNewswire/ -- HKBN Group ("HKBN" or the "Group") announced today that with effect from 1 Jan 2018, Andrew Wong will be appointed to serve as HKBN's first ever home-grown Chief Financial Officer ("CFO"). Currently the Group's Financial Controller, Andrew will continue to lead the Group's Finance team as well as oversee its investor relations efforts in his new role.
Young, ambitious and insatiable in his passion for learning, Andrew commands more than 11 years of multifaceted experience at HKBN, rising up the Group's ranks first as its Finance Manager to eventually lead the Finance team via significant milestones like HKBN's IPO in 2015, New World Telecom acquisition in 2016, and debt re-financing projects from 2013-2016.
Quite remarkably, Andrew's journey with HKBN started long before he joined the Group in 2006. As a former auditor with KPMG, interactions with the CTI (a predecessor entity) business, the Group's culture and especially the quality of its Talents were enough to convert him into a true backer -- leading Andrew to invest his entire career savings in CTI shares right after he left KPMG. Shortly afterwards -- with skin in the game -- Andrew embraced his incredible growth transformation by launching his HKBN career as a Finance Manager. As a testament of his all-in commitment to HKBN, Andrew participated in the company's Co-Ownership Plan I (launched July 2012) and Plan II (launched June 2015) by respectively pledging the maximum allowable investment amount to be a Co-Owner.
"It is with great pride that we welcome Andrew, our newly appointed CFO, as a new addition to our Management Committee (MC) base of five CXOs. Andrew is the first amongst our very deep Talent bench to join our MC, and we expect to see more make this jump in the coming few years. Whilst Andrew is home-grown in the sense of having spent 11 years at HKBN so far, he displays a wide range of interests far beyond his core specialty, ranging from advanced mathematics to whiskey appreciation. Furthermore, for an accountant, Andrew has shown the rare ability to evolve beyond bean counting to being able to allocate beans to areas of highest returns for HKBN," said HKBN Group Chief Operating Officer and Co-Owner NiQ Lai.
Prior to joining HKBN in 2006, Andrew spent five years with KPMG in Hong Kong and acquired extensive experience in working with telecommunications companies and multinational companies listed in Hong Kong and Mainland China. 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.
About HKBN Group
HKBN 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 more than 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 over 300 Co-Owners who have invested their own savings to buy HKBN shares, representing the majority of supervisory and management level Talents in the Group. HKBN Group is part of HKBN Ltd. (SEHK Stock Code: 1310).
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