Progress Update
New Appointment to Investment Committee  
The Board of West Kowloon Cultural District Authority appointed Mr Clifford Chiu and Mr Sue Wan Chua as new co-opted members of the Investment Committee last month till end of the year.

Both Mr Chiu and Mr Chua have rich management experience in the banking and financial sector. As a Partner at Kohlberg Kravis Roberts & Co., Mr Chiu leads capital raising and investor relations for the Asia Pacific region. He is also a member of the Advisory Committee on Human Resources Development in the Financial Services Sector of the HKSAR Government. Mr Chua is currently the Consultant (Treasury) for the Hong Kong Jockey Club ("HKJC") with primary responsibilities of overseeing a multi-billion dollar investment portfolio, developing and formulating investment policy for HKJC.

Mr Leo Kung Lin-cheng, Chairman of the Investment Committee, said, "Mr Chiu and Mr Chua have extensive experience in fund management. I am sure they will contribute greatly to the Committee and I look forward to working with them."