Lee will succeed Philip Chen, who stepped down from the HKJC board of stewards after 16 years as a club steward and two years as chairman.
A director of Oxer Holdings, Lee is currently a non-executive director of Hysan Development Company, an independent non-executive director of Chen Hsong Holdings and a steward of the HKJC.
Lee is also involved with non-profit and public service associations such as the Hong Kong Paralympic Committee, the Hong Kong Sports Association for the Physically Disabled, the Hong Kong Equestrian Federation, and the Sports Commission.
“With our world-class racing attracting even more fans across the globe and the very bright prospects ahead for the equine industry in the Greater Bay Area, this is a very exciting time for the Club,” Lee said.
“Equally, the Club remains strongly committed to its purpose – the betterment of our society. With the pandemic still posing a major challenge, we will work even harder to help those in need.”
Meanwhile, the HKJC appointed three new stewards to replace Philip Chen, Richard Tang Yat-sun and Rosanna Wong Yick-ming, all of whom retired from the board.
Jackson Woo Ka Biu was elected for a three-year term from 2022-23, while Ann Kung Yeung Yun Chi will serve a two-year term from 2022-23, and Anita Fung Yuen Mei a one-year term from 2022-23.
In addition, Martin Liao, Silas Yang and Andrew Weir, who retired by rotation, were re-elected as stewards for a three-year term, each from 2022-23, while Bernard Charnwut Chan was re-elected for a one-year term from 2022-23.
The board appointments come after the HKJC in July also named Michael Fitzsimons as its new executive director for wagering products.
Fitzsimons began his new role on 1 September and assumed responsibility for leading and driving the HKJC’s wagering business, overseeing horse racing and football betting, as well as the Mark 6 lottery. The role also includes Fitzsimons leading the organisation’s international commingling business and China Sports Lottery co-operation development.
Fitzsimons has been with the HKJC since February 2021, serving as its director of trading with responsibility for the Football Trading Department.
Original article: https://igamingbusiness.com/people/people-moves/hong-kong-jockey-club-names-lee-as-new-chairman/
