Next MTR Head Must Restore Confidence: CE

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1442442_1_20190212175532.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1442442-20190212.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1442442-20190212.htm', 'DCS.dcsqry', '' ); } } }); }); });

2019-02-12 HKT 11:56

Share this story

facebook

  • Chief Executive Carrie Lam says it's unfortunate that the MTR Corporation has found itself embroiled in scandal over the past year. Photo: RTHK

    Chief Executive Carrie Lam says it's unfortunate that the MTR Corporation has found itself embroiled in scandal over the past year. Photo: RTHK

  • Rex Au Yeung will reportedly take over as chairman of the MTR Corporation this summer. File photo: RTHK

    Rex Au Yeung will reportedly take over as chairman of the MTR Corporation this summer. File photo: RTHK

The Chief Executive, Carrie Lam, said on Tuesday that whoever takes up the role as the next chairman of the MTR Corporation will have to work hard to restore public confidence in the rail company following its series of construction scandals.

Lam refused to comment on reports that Rex Au Yeung, the head of Lingnan University’s Council, will take over the role from incumbent Frederick Ma in June. She said an announcement will be made at an appropriate time.

She pointed out that the chairman position is extremely challenging, being as the MTR is a large corporation with businesses in Hong Kong and overseas, and because the public has high expectations of the rail operator and its services.

The CE said it was unfortunate that various problems have emerged during the MTR's construction of the future Shatin-Central Link.

Workers are alleged to have cut short steel bars supporting platforms at Hung Hom Station, design plans have not been followed, and other stations have been hit by subsidence scares.

Ma's three-year contract will expire at the end of June. Au Yeung, who is tipped to replace him, previously headed the Asian branch of a US-based investment management company.

RECENT NEWS

HashKey Gets Regulatory Nod To Offer Virtual Asset Services In Ireland

HashKey Group has announced that its subsidiary, HashKey Europe Limited, has received Virtual Asset Service Provider (V... Read more

HKVAX And Victory Securities Forge Partnership To Advance Hong Kongs Virtual Asset Ecosystem

Hong Kong Virtual Asset Exchange (HKVAX), Hong Kong’s third virtual asset licensed trading platform and Victory Secur... Read more

5 Major Banks Mantain Domestic Systemically Important Authorised Institutions Status

The Hong Kong Monetary Authority (HKMA) concluded its annual review of Domestic Systemically Important Authorised Insti... Read more

HSBC, StanChart, Alibaba Cloud Among First Cohort Of HKMAs Gen AI Sandbox

The Hong Kong Monetary Authority (HKMA) and Cyberport have announced the first cohort of its Generative Artificial Inte... Read more

QuickFest 2025 To Focus On AI, Automation, And The Future Of Accounting

QuickFest, the virtual conference tailored for accounting professionals, bookkeepers, and consultants, will return on 1... Read more

5 Stories That Shaped Hong Kongs Fintech Scene In 2024

In 2024, Hong Kong further cemented its position as a leading fintech hub in the world, with the number of fintech comp... Read more