XN000022-1996-12-11 — Page 11

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New KCRC Chairman and Chief Executive appointed

The Governor has appointed Mr Yeung Kai-yin as the Chairman and Chief Executive of the Kowloon-Canton Railway Corporation (KCRC) for a period of three years with effect from December 24, 1996.

Mr Yeung is well known to both Government and the private sector. He was a former senior civil servant who held a number of important positions including Secretary for the Treasury and Secretary for Transport. He left the Civil Service in 1993 to become an Executive Director of Sino Land. His combined administrative, financial and corporate experience would be valuable in leading the KCRC in the years ahead.

The current Chairman and Chief Executive of the KCRC, Mr Kevin Hyde, was appointed in 1990. In August 1996, he gave notice that he would not seek another term at the expiry of his second contract on December 23.

An executive search agency was engaged in September to conduct a recruitment exercise. Advertisements were placed in a number of major local and overseas publications. A selection panel chaired by the Chief Secretary unanimously recommended that Mr Yeung Kai-yin should be appointed.

Over the past six years, Mr Hyde has given the Corporation a clear sense of direction and commitment. During his tenure, the Corporation has made significant progress in customer service, safety, reliability, training and development.

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Comments on Crimes (Amendment) (No.2) Bill 1996

In response to press enquiries on some comments made yesterday (December 10) on the Crimes (Amendment) (No.2) Bill 1996, a Government spokesman said today (Wednesday) that there is no question whatsoever of the Hong Kong Government usurping the legislative authority of the future Special Administrative Region Government by introducing the amendment bill.

"Under the current system, no legislative council can restrict the freedom of action of a future legislature," he said.