Time To Rebuild MTR's Reputation, Says New Chief
"); jQuery("#212 h3").html("
"); });
2019-04-01 HKT 12:44
The new CEO of the embattled MTR Corporation, Jacob Kam, said on Monday that one of his priorities is to rebuild the firm's reputation and salvage the public's trust in new rail projects.
Kam has replaced Lincoln Leong, who took early retirement following a slew of construction scandals along the new Shatin-Central Link.
In an email sent out to all staff on his first day at the helm, Kam said he also needs to ensure the safety and reliability of railway services.
The safety of the MTR network has come under question after it experienced an unprecedented simultaneous breakdown of four of its urban lines last October, as well as an out-of-hours train collision while a new signalling system was being tested last month.
Kam urged staff at the company to communicate in an open and frank manner.
He also said he expects more difficult times ahead while the corporation works to fix current problems.
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