Mr Chee Chen Tung, aged 65, has been appointed as Chairman, President and Chief Executive Officer of the Company since October 1996. Mr Tung chairs the Executive Committee and the Remuneration Committee of the Company. He is also the Chairman or a Director of various subsidiaries of the Company. Mr Tung graduated from the University of Liverpool, England, where he received his Bachelor of Science degree and acquired a Master’s degree in Mechanical Engineering at the Massachusetts Institute of Technology in the United States. Mr Tung is an Independent Non-Executive Director of BOC Hong Kong (Holdings) Limited, Cathay Pacific Airways Limited, Wing Hang Bank, Limited, Sing Tao News Corporation Limited, PetroChina Company Limited, Zhejiang Express way Co Ltd and U-Ming Marine Transport Corp, which are all listed public companies. Mr Tung is the brother-in-law of Mr Roger King and uncle of Mr Alan Lieh Sing Tung.