The Hongkong and Shanghai Hotels, Limited Appoints Keith James Robertson as Chief Financial Officer
October 31, 2023 at 04:42 am EDT
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The Board of Directors of The Hongkong and Shanghai Hotels, Limited announced that Mr. Keith James Robertson ("Mr. Robertson") will be
appointed as Executive Director and Chief Financial Officer of the Company. The effective date of the appointment is to be confirmed but is expected to be no later than 29 February 2024. Mr. Robertson will also be appointed as a member of the Finance Committee and the Group Management Board as well as a Director of some of the Group's entities. Mr. Robertson has over 30 years of all-round finance experience in auditing, financial
controlling, corporate finance, project finance, international tax planning, statutory reporting, mergers and acquisitions and investor relations. He joined Destinations Development Company (a subsidiary company of The Public Investment Fund of Saudi Arabia) as Chief Financial Officer in 2021, and prior to that, he worked for Kingdom Hotel Investments, Dubai, United Arab Emirates where he held senior positions and most recently as Executive Vice President, Chief Financial Officer and Head of Mergers & Acquisitions. Previous to that, he was the Senior Vice President Global Finance of Kempinski Hotels SA, Geneva, Switzerland and he also worked for professional accounting and audit firms such as Deloitte, Ernst & Young and HLB Kidsons in different countries. Mr. Robertson is a Fellow of the Institute of Chartered Accountants in England and Wales. He holds a Bachelor of Arts (Hons) in Economics and Economic & Social History from University of Leicester. He is 56 years old. Mr. Robertson has not held any directorships in any listed companies in Hong Kong or overseas in the last three years. As at the date of this announcement, Mr. Robertson does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance nor any relationship with any Directors, members of senior management or substantial or controlling shareholders of the Company.
Hongkong and Shanghai Hotels Ltd is an investment holding company principally engaged in the hotel operation. The Company operates its business through three segments. The Hotels segment engages in operating hotels, leasing of commercial shopping arcades. The Commercial Properties segment engages in the development, leasing and sale of residential apartments, leasing of retail and office premises as well as operating food and beverage outlets in such premises. The Clubs and Services segment engages in the operation of golf courses, the Peak Tram, retailing of food and beverage products and laundry services and the provision of management and consultancy services for clubs.