Government appoints managing director of Urban Renewal Authority

The Government announced today (February 25) that the Chief Executive had, on the recommendation of a selection panel, appointed Mr Quinn Law Yee-kwan as the Managing Director of the Urban Renewal Authority (URA) for a term of three years. The appointment will take effect from March 1, 2008.

Mr Law joined the URA in November 2005 and is currently the Executive Director (Commercial and Corporate) of the URA. He is a certified public accountant in Hong Kong, as well as a chartered secretary.

"Mr Law has extensive experience in property development and corporate management and has acquired a very good grasp of the mission of URA over the past two years. We will work closely with him in taking forward our commitment of providing a quality living environment for the people of Hong Kong," a spokesman for the Development Bureau said.

Mr Law was selected through an open recruitment exercise for the managing director's post. A consultancy firm was appointed to conduct the exercise and the shortlisted candidates were considered by a selection panel chaired by the Financial Secretary. Panel members included the Honourable C Y Leung, Secretary for Development Mrs Carrie Lam, Chairman of URA Mr Barry Cheung, and member of URA board, Professor David Lung.

The managing director of the URA is the administrative head of the URA and the deputy chairman of the URA board. Mr Law succeeds Mr Billy Lam who had held the position for six years before his departure at end 2007.

A brief biography of Mr Law is as follows:

Mr Quinn Law was appointed Executive Director of the Urban Renewal Authority in November 2005. Mr Law is a certified public accountant in Hong Kong. He has been serving on a number of committees in the Hong Kong Institute of Certified Public Accountants and is a member of the Advisory Board of Accounting Studies of the Chinese University of Hong Kong. Mr Law is also a chartered secretary.

He completed his accounting training with a Big-Four accounting firm and qualified in 1977. He joined a listed group (a constituent stock in the Hang Seng main index) in 1983 after working for the then Securities Commission in Hong Kong and two international shipping companies.

In his previous employments, Mr Law oversaw different areas of operation: corporate and operations management, strategic and business planning, finance and administration, corporate services, investor relations, statutory and internal audit. His experience also covered a variety of industries including property investment and development.

Ends/Monday, February 25, 2008
Issued at HKT 11:01