Bigger roles for Lau and Lee amid challenging times for MTRMoney glitz | Charlotte Luo 13 Dec 2019
MTR Corp operations director Adi Lau Tin-shing has been promoted to managing director and will oversee the operator's rail operations and mainland business.
The MTRC said deputy operations director Tony Lee Kar-yun will succeed Lau as operations director to manage its railway-related operations in Hong Kong.
Both appointments will take effect from January 1.
Lau, 60, will manage and oversee railway-related operations in Hong Kong and its rail and property businesses in the mainland, as well as railway operations standards and ensuring mutual sharing and learning of best practices of global railway operations, the MTRC said.
He will continue to be a member of the executive directorate and report directly to chief executive Jacob Kam Chak-pui. Kam was the managing director of operations and mainland business from May 2016 before he became chief executive on April 1 this year.
"Both Mr Lau and Dr Lee are veteran railway professionals with highly recognized achievements in their careers and they have also been working in the corporation for long years," Kam said.
"With their commitment and capable leadership, I am sure the corporation's railway-related business will be taken to new heights amid the current challenges."
Lau joined the rail operator in 1982 and has held several management positions.
He was named general manager of Shenzhen Line 4 in December 2007, chief of operations in October 2011, and promoted to deputy director of operations in August 2013.
In May 2016, he was appointed operations director and a member of the executive directorate. A chartered engineer, Lau is a corporate member of the Institution of Civil Engineers in the United Kingdom and a fellow of the Hong Kong Institution of Engineers.
Lau holds a bachelor of science (honor) degree in civil engineering from the University of Hong Kong and a master of business administration degree from the University of Michigan.
Lee will be appointed to the executive directorate and will report directly to Lau.
Lee joined the corporation in 1991 and assumed the role of chief of operations engineering in September 2013. He became deputy operations director last month.
Lee holds a doctoral degree in engineering and a master of philosophy degree from Polytechnic University and a master of business administration degree from the Open University.
Their promotions come as MTRC expects a significant decline in full-year profit amid a drop in passenger numbers and vandalism of train stations and facilities during protests.
Passengers numbers fell 14.2 percent to 744.3 million in July to November.
Costs related to the protests, including repairs and expenses for strengthening security and concessions to tenants, is expected to reach HK$1.6 billion.