Friday, July 10, 2020
Martin Hennecke

Adrian Cheng takes over NWS
NWS Holdings (0659), the infrastructure arm of New World Development (0017), has appointed Adrian Cheng Chi-kong as executive director from today. Cheng is the executive vice-chairman and general manager of New World Development, an executive director of both New World Department Store China (0825) and Chow Tai Fook Jewellery (1929), and a non-executive director of both Giordano International (0709) and New Century Healthcare (1518). Cheng was most recently a non-executive director of I-Cable Communications (1097), and had worked as an executive director of International Entertainment Corporation (1009) and a non-executive vice-chairman of Modern Media (0072). He will oversee the strategic direction of the company's businesses, with a fixed term of three years and a monthly salary of HK$453,170.
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