Hong Kong, China - November 30, 2015, Hong Kong, China - Jardine Matheson Holdings Limited, a diversified business group, announced senior management changes that will take place in 2016.
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Adam Keswick will move to London as chairman of Matheson & Co. on 31st July 2016, and succeeding him as Deputy Managing Director will be Y.K. Pang.
Mr. Keswick was appointed Deputy Chairman and Deputy Managing Director of Jardine Matheson Limited in 2012. Having first joined the Group in 2001, he has been a Director of Jardine Matheson Holdings Limited since 2007 and was appointed Deputy Managing Director in 2012. He is chairman of Jardine Pacific and chairman and chief executive of Jardine Motors.
Mr. Keswick will move to the United Kingdom at the end of July 2016 to be appointed chairman of Matheson & Co., as well as taking on additional responsibilities in the Group’s business interests in the UK in due course.
He will continue to interface with Hong Kong and be actively involved with the Group’s businesses. While the requirements of his new role mean that he will no longer be Deputy Managing Director, he will maintain his existing directorships in the Group’s principal listed companies.
Succeeding Mr. Keswick as Deputy Managing Director on 1st August 2016 will be Y.K. Pang,
who will move from his current role as chief executive of Hongkong Land.
Mr. Pang has been a Director of Jardine Matheson since 2011. He first joined the Group in 1984,
and held a number of senior positions before taking up his current role in Hongkong Land in 2007. Amongst his responsibilities as Deputy Managing Director will be overseeing the strategic development of the Group’s interests in mainland China.
Mr. Pang will join the boards of Jardine Strategic Holdings Limited, Dairy Farm International Holdings Limited and Mandarin Oriental International Limited on 1st August 2016, while also remaining a director of Hongkong Land Holdings Limited.
James Riley will step down as Group Finance Director on 31st March 2016 and be succeeded by John Witt.
Mr. Riley is to move from his current position as Jardine Matheson’s Group Finance Director on 31st March 2016 to take up the role of group chief executive at Mandarin Oriental International Limited.
Mr Riley has been a Director since 2001, and is Group Finance Director of Jardine Matheson Holdings Limited. He was Chief Financial Officer of the Group from 2005 to 2007, having first joined Jardine Matheson in 1993.
Mr. Riley will be replaced by John Witt, who is currently chief financial officer of Hongkong Land.
Mr. Witt is a chartered accountant and first joined the Group in 1993. He held senior finance appointments in Jardine Motors and Mandarin Oriental before taking up his current role in Hongkong Land in 2010. ■