AMTD Announces Adoption of a Majority Independent Board Structure and Promotion of the Next-generation Leader William Fung as Chief Executive Officer

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Dec 24, 2020
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AMTD International Inc. (“AMTD International” or “the Company”) (NYSE: HKIB; SGX: HKB), a NYSE and SGX-ST dual-listed company, a subsidiary of AMTD Group Company Limited (“AMTD Group”), a leading comprehensive financial services focused conglomerate, today announced its migration and upgrade of the Company to its “2.0 version” by adopting a majority independent board structure. The Company also announced the promotion of Mr. William Fung to Chief Executive Officer of the Company effective immediately, in addition to his current position of Group Vice President of AMTD Group. Mr. Fung is a rising next-generation leader amongst the founding management team of AMTD Group. These new initiatives of the Company will allow Mr. Calvin Choi, Chairman and Chief Executive Officer of AMTD Group, to focus on the strategic developments and visions to continue building the “IDEAS” concepts of AMTD Group and lead the group to greater heights.