AMTD Group Inc. Announces the Adoption of a Completely Independent and Non-Executive Board Structure and an Innovative CEO Rotation System Across the Group
AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a rotational basis.
- AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a rotational basis.
- This philosophy of shared leadership is reflected in the new feature which forms the core foundation of the rotating CEO mechanism.
- Through this rotation program, AMTD Group will maximize the values from the collective wisdom and stepped-up efforts to groom and nurture the next-level leaders.
- Dr. Feridun Hamdullahpur, the independent chairman of AMTD IDEA commented, “The entire AMTD organization is built upon innovative thinking.