Next MTR Head Must Restore Confidence: CE

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1442442_1_20190212175532.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1442442-20190212.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1442442-20190212.htm', 'DCS.dcsqry', '' ); } } }); }); });

2019-02-12 HKT 11:56

Share this story

facebook

  • Chief Executive Carrie Lam says it's unfortunate that the MTR Corporation has found itself embroiled in scandal over the past year. Photo: RTHK

    Chief Executive Carrie Lam says it's unfortunate that the MTR Corporation has found itself embroiled in scandal over the past year. Photo: RTHK

  • Rex Au Yeung will reportedly take over as chairman of the MTR Corporation this summer. File photo: RTHK

    Rex Au Yeung will reportedly take over as chairman of the MTR Corporation this summer. File photo: RTHK

The Chief Executive, Carrie Lam, said on Tuesday that whoever takes up the role as the next chairman of the MTR Corporation will have to work hard to restore public confidence in the rail company following its series of construction scandals.

Lam refused to comment on reports that Rex Au Yeung, the head of Lingnan University’s Council, will take over the role from incumbent Frederick Ma in June. She said an announcement will be made at an appropriate time.

She pointed out that the chairman position is extremely challenging, being as the MTR is a large corporation with businesses in Hong Kong and overseas, and because the public has high expectations of the rail operator and its services.

The CE said it was unfortunate that various problems have emerged during the MTR's construction of the future Shatin-Central Link.

Workers are alleged to have cut short steel bars supporting platforms at Hung Hom Station, design plans have not been followed, and other stations have been hit by subsidence scares.

Ma's three-year contract will expire at the end of June. Au Yeung, who is tipped to replace him, previously headed the Asian branch of a US-based investment management company.

RECENT NEWS

Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access

Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more

HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more

Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects

The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more

Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China

At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more

HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more

How Gaming Giants Are Redefining The Experience Of Paying

Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more