Guoco Group Limited announced that Mr. Christian Karl NOTHHAFT will be appointed as an Executive Director and Chief Executive Officer with effect from 15 April 2024. Mr. Nothhaft, aged 58, graduated from Munich University of Applied Science in Germany with a Bachelor of Arts Degree in Hospitality and Tourism Management and also holds a Human Resources /Payroll Management Degree from DGFP (German Association for Human Resource Management). He has also attended the Harvard University YPO Presidents Program.

He has extensive experience in business management and advisory, strategic planning, retail, consumer products, network rollouts, e-commerce, digital transformation, people management, ESG and compliance. Mr. Nothhaft was the Chief Executive Officer of Watsons Personal Care Stores, China and the managing director of Watsons Wine and Fortress Hong Kong. Before that, he was the regional managing director of Movenpick (Asia Restaurants Group).

He is currently an independent non-executive director of DFI Retail Group Holdings Limited, with a primary listing on the London Stock Exchange and secondary listings in Singapore and Bermuda.