Published: January 13, 2019

The Hong Kong Jockey Club (HKJC) has appointed David Fan as its new executive director of finance

Fan will assume his new role on Monday January 14th, replacing Angus Lee who is retiring from the company later this year, having been with HKJC since August 2011.

The Hong Kong Jockey Club today (8 January) announced the appointment of Mr David Fan to the position of Executive Director, Finance (EDF), with effect from 14 January.  Mr Fan will be a member of the Club’s Board of Management and will report directly to the CEO Mr Winfried Engelbrecht-Bresges.  He will replace the current EDF, Mr Angus Lee, who will retire from the Club later this year.

In his capacity as EDF, Mr Fan will lead the Finance Division and will be accountable for the Club’s financial performance and for managing the Club’s investment portfolio. He will be responsible for supporting the Club’s major business initiatives as well as managing the division’s operational functions, bringing both financial discipline and governance perspectives to the role. He will also lead the strategic procurement, contract management and transport & logistics functions.

Prior to joining the Club, Mr Fan spent seven years with Microsoft, his last position being Chief Financial Officer of Microsoft Asia. Prior to Microsoft, Mr Fan worked at Nortel Networks in Canada, the USA, Hong Kong and China and held the role of Chief Financial Officer.

Mr Fan holds a Bachelor Degree in Engineering Management from Huazhong University of Science and Technology, China, and an MBA in Corporate Finance from the University of Ottawa, Canada.

The Hong Kong Jockey Club 
Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society. The Club has a unique integrated business model, comprising racing and racecourse entertainment, a membership club, responsible sports wagering and lottery, and charity and community contribution. Through this model, the Club generates economic and social value for the community and supports the Government in combatting illegal gambling. In 2017/18, the Club made a record return to the Government of HK$22.6 billion in duty and profits tax and contributed HK$1.2 billion to the Lotteries Fund. Approved charity donations were HK$4.2 billion. The Club is Hong Kong's largest single taxpayer and one of the city’s major employers. Its Charities Trust is also one of the world's top ten charity donors. The Club is always "riding high together for a better future" with the people of Hong Kong.

 
Picture 1: 
The Hong Kong Jockey Club’s newly-appointed Executive Director, Finance, Mr David Fan.

https://corporate.hkjc.com/corporate/corporate-news/english/2019-01/news_2019010801608.aspx

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