Hong Kong Jockey Club elects new chairman
Michael Lee chosen to replace the outgoing Philip Chen as he heralds a “very exciting time” for the operator
The Hong Kong Jockey Club (HKJC) has appointed Michael Lee as its new chairman for 2022-23.
Lee replaces Philip Chen, who stepped down from the board of stewards after serving 16 years with the club, with the past two as chair.
Lee was elected as chair of the HKJC at its AGM on 8 September and steps up from his position as deputy chair.
Lee currently serves as a director for private investment company Oxer Limited. He is also an independent non-executive director of Chen Hsong Holdings Limited.
Alongside Lee, the HKJC also named three new board stewards to replace the outgoing Chen, along with Richard Tang Yat-sun and Rosanna Wong Yick-ming who retired from the board.
Jackson Woo Ka Biu will serve a three-year term, Ann Kung Yeung Yun Chi will serve a two-year term and Anita Fung Yuen Mei will spend one year on the board.
Speaking on his appointment as chair, Lee said: “I am truly honoured to take up the leadership of the Hong Kong Jockey Club. With our world-class racing attracting even more fans across the globe and the very bright prospects ahead for the equine industry in the Greater Bay Area, this is a very exciting time for the club.
“Equally, the club remains strongly committed to its purpose – the betterment of our society. With the pandemic still posing a major challenge, we will work even harder to help those in need,” he added.
Earlier this year, the HKJC promoted Michael Fitzsimons from director of trading to executive director of wagering products.