MTR Corporation Limited announced that Dr. Lee Kar-yun (also known as Dr. Tony Lee Kar-yun), currently the Operations and Innovation Director of the Company, has informed the Company that he will retire from the Company after 30 April 2025 upon completion of his existing service agreement with the Company. Accordingly, with effect from 1 May 2025, Dr. Lee will cease to be the Operations and Innovation Director, a Member of the Executive Directorate, and a director of several subsidiaries of the Company. Upon Dr. Lee's retirement, his existing responsibilities for the Company's railway-related asset performance, asset management, new railway projects operations planning and development, operations safety and quality in Hong Kong will be subsumed under the Managing Director - Hong Kong Transport Services of the Company, who remains overall responsible for the Company's railway operations in Hong Kong.
Further, upon Dr. Lee's retirement, the Company's Digitalisation and Innovation Department, which is responsible for corporate-wide technology and innovation-related matters, will be overseen by the Chief Executive Officer of the Company directly. Dr. Lee has confirmed that he has no disagreement with the Board of Directors (the `Board') or the Executive Directorate of the Company and that there is no other matter relating to his retirement that needs to be brought to the attention of the holders of securities of the Company.
