HKBN Ltd. announced that Mr. Ni Quiaque LAI has resigned as an Executive Director; a member of the Environmental, Social and Governance Committee of the Company; the Chief Executive Officer of the Group; an authorised representative of the Company; and Mr. Chu Kwong YEUNG. has been appointed as the Chief Executive Officer of the Group on an interim basis. He has also been appointed as a member of the ESG Committee of the Company; the Authorised Representative; and the Process Agent with effect from 28 February 2024.

Mr. Chu Kwong Yeung, aged 63, is an Executive Director, a member of the ESG Committee, the Executive Vice-chairman and the Chief Executive Officer of the Group. Mr. Yeung was appointed as an Executive Director of the Company on 15 December 2014. He joined the Group in 2005 as the Chief Operating Officer and was appointed as the Chief Executive Officer in 2008 and the Executive Vice-chairman in 2018 to focus on engaging key strategic partners and exploring new business opportunities for the Group.

Prior to joining the Group, Mr. Yeung was the Director of customers division at SmarTone Mobile Communications Limited. He obtained a Bachelor of Arts Degree from Hong Kong Baptist University in December 1992, a Master of Business Administration Degree from the University of Strathclyde, U.K. in November 1995 and a Master of Science Degree in Electronic Commerce and Internet Computing from the University of Hong Kong in November 2001.