Hang Lung Properties Taps Retail Veteran Leo Tsoi as New CEO

Hang Lung Properties has named retail expert Leo Tsoi as its new CEO and Executive Director, effective October 1. Tsoi will initially join the company on September 7 in a role of CEO-Elect and Executive Director, replacing outgoing CEO Weber Lo.

Hang Lung's Chair Adriel Chen praised Tsoi's impressive leadership record and expressed confidence that he is the right choice to navigate the company towards its next growth phase. Chen also thanked Lo for his significant contributions over the past eight years, saying the company was left in a strong position for continued success.

Tsoi brings decades of experience in retail and business management to Hang Lung, having previously held senior roles at Toys R Us Asia, Starbucks China, PepsiCo, and Procter & Gamble China. He expressed enthusiasm about joining Hang Lung, highlighting the company's commitment to operational excellence and its impact on local communities.