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New MTRC chairman appointed
The Governor has appointed Mr Jack So Chak-kwong the next Chairman and Chief Executive of the Mass Transit Railway Corporation (MTRC) with effect from April 1 this year,
Mr So is well known to both Government and the private sector. He served as Executive Director of the Hong Kong Trade Development Council from 1986 to 1992. Since then he has been Managing Director of Sun Hung Kai Development (China) Ltd. He has extensive experience in business and corporate affairs.
An executive search agency was engaged last year to conduct a recruitment exercise. Advertisements were also placed in a number of major local and overseas publications.
A selection panel chaired by the Financial Secretary unanimously recommended that Mr So should be appointed. The Governor has approved the appointment under section 4 of the Mass Transit Railway Corporation Ordinance.
Mr So's appointment will be for two years. Under section 4 of the ordinance, the Chairman of the Corporation may be reappointed upon the expiry of his present term of appointment.
Mr Hamish Mathers, the incumbent Chairman and Chief Executive of the MTRC, announced last year that he would retire at the expiry of his contract on March 31, 1995. Mr Mathers is 61.
End/Tuesday, February 14, 1995