RESEAR CH + RANKINGS asia Pacific
ADRIAN CHENG
Executive vice chairman and general manager New World Group Hong Kong
SABRINA CHAO
Chairwoman Wah Kwong Maritime Transport Holdings Hong Kong
Chao is the granddaughter of TY Chao, founder of Hong Kong’s shipping group Wah Kwong. After graduating from the Imperial College University of London and a career in finance and shipping, she joined the family firm in 2002 and was appointed chairwoman in 2013. Only two years later, Chao was elected chair of the Hong Kong Shipowners Association, the first woman to take the position. She is a trustee of the Hong Kong Maritime Museum, among several non-profit roles.
Grandson of founder Chen Yu Tung, Cheng is the third- generation heir of one of China’s most influential families and the mastermind behind Chow Tai Fook, one of the world’s leading jewellery brands, which posted a revenue of HKD59.2 billion ($7.5 billion) last year. Prior to taking over from his father, Henry, Cheng worked at Goldman Sachs and Credit Suisse as an investment banker. His sister, Sonia, oversees the family’s hospitality arm, Rosewood Hotels and Resorts, and plans to open 40 hotels by 2020.
MUKESH
AMBANI Chairman and managing director Reliance Industries India
Ambani chairs energy to retail giant Reliance Industries which generated $89 billion in revenues in 2019. Ambani worked alongside his father and founder of the company, Dhirubhai Ambani, starting in 1981. Together, the duo expanded the business to provide telec- ommunications through its 4G phone service Jio and launched India’s largest retailer, Reliance Retail. After Dhirubhai’s death in 2002, Ambani and his brother Anil split up the family empire, and Ambani gained control of Reliance Industries and Indian Petrochemicals Corporation.
JAIME AUGUSTO ZÓBEL DE AYALA
Chairman and chief executive Ayala Corporation Philippines
Seventh- generation Zóbel de Ayala took over the Philippines’ largest conglomerate from his father, Jaime, as chairman and chief executive in 2006. Starting as a small distillery, Ayala is now a holding company for Ayala Land, Bank of the Philippine Islands, Globe Telecom, and Manila Water, which posted revenues of PHP242 billion ($4.61 billion) in 2017. Zóbel de Ayala is highly regarded as a leader and has been named best chief executive by Finance Asia and won CNBC’s Asia Business Leader
VICTOR AND WILLIAM FUNG
Group chairman / managing director Li & Fung Hong Kong
Third-generation siblings Victor and William run Li & Fung, a middleman between Chinese manufacturers and retailers in the US and Europe. Co- founded by their grandfather, Fung Pak-liu in 1906, the business has become one of the world’s largest suppliers of clothes and toys. With $18.3 billion revenue posted in 2015, the company works with some 15,000 factories in over 40 countries. Victor’s son Spencer succeeded as chief executive in 2014, and his other three children also work for the family business.
ISSUE 75 | 2019
CAMPDENFB.COM
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