The board of directors of Sun Hung Kai & Co. Limited announced the following changes of directors of the company with effect from June 3, 2015: Mr. William Leung Wing Cheung has resigned as an Executive Director and also a member of the Executive Committee and Risk Management Committee of the company; and Mr. Simon Chow Wing Charn has been appointed as an Executive Director and also a member of the Executive Committee and Risk Management Committee of the company. Mr. Leung has resigned as he intends to focus on leading the overall business of Sun Hung Kai Financial Limited.

Mr. Chow, aged 60, joined the group on December 1, 2014 as the Group Deputy Chief Executive Officer of the company. He has more than 25 years' experience in the banking and financial services industry. Prior to joining the group, Mr. Chow has been with Citibank for 18 years and his last position was the country manager for China consumer bank of Citibank.

Mr. Chow is a member of the Institute of the Chartered Accountants of Canada.