Chow Tai Fook (CTF)—the largest jewelry retailer in China, and one of the largest jewelry companies in the world—recently announced two big changes in its executive ranks.

Chan Sai-Cheong will step down from his position as CTF’s managing director for Mainland China on March 31.

Sai-Cheong joined the group in 1985, and played “an integral role” in its growth throughout mainland China, a company statement said.

Kent Wong will expand his current role to oversee Chow Tai Fook’s growth and strategy in mainland China. Wong has been with the group since 1977, and frequently communicates with the U.S. market.

The group also recently appointed Annie Wong as chief operating officer. Prior to coming to CTF, Wong worked in senior leadership positions Lane Crawford Joyce Group and PVH Asia Pacific. She has worked as a senior consultant for CTF since August 2022, and began her new role on March 1.

In this newly created position, Annie Wong will be responsible for enhancing the company’s end-to-end value chain efficiencies, strategic planning, as well as product and inventory management. She will also focus on streamlining its processes to optimize operational and cost effectiveness.

In November, the company appointed Theresa Lui as its chief people officer. She previously worked for Pandora Jewelry’s Asia Pacific division, as human resources vice president.

Lui’s new job will oversee aspects of the group’s human resources functions, including business partnerships, global recruitment, total rewards, organizational effectiveness, employee engagement, talent management, and human resources shared services operations.

Photo courtesy of Chow Tai Fook

 

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