Social Impacts: People
Social Impacts: Clients and Suppliers
Social Impacts: Community
Responsible Governance
CEO Message
Approach to Sustainability
Environmental Stewardship
Appendices
About This Report
About Kum Shing
Gender, age, cultural and educational background, ethnicity, professional experience, skills, knowledge and length of service are considered when reviewing the Board’s composition. The performance of the Board is
reviewed each year based on a number of factors. During the Year, Board members have served terms ranging from 5 to 10 years.
Non-executive Directors Ir SAUNDERS Stewart MBE MBE, BSc (Eng), Dip MS, CEng, MIET, MBIM
Board Composition
1 Female
3 51 or above
Titles and Qualifications Chartered Engineer M ember of The Institution of Engineering and Technology M ember of British Institute of Management Other Service Hong Kong Scottish Rugby Football Club (Founder & President) Past Experience Prior to joining Kum Shing, Stewart served in the UK's electricity supply industry for over 40 years. He held senior positions in engineering, marketing and customer service at both Scottish Power and MANWEB. While Managing Director of MANWEB, he was awarded an MBE for his services to the UK's electricity industry.
From 1997 to 1999, Stewart was seconded from Scottish Power to CLP to manage a Business Change Programme. He returned to Hong Kong in 2002 as CLP's Chief Operating Officer, overseeing generation, transmission, distribution, marketing and customer service operations. Upon retiring in 2007, he founded ScotHong Management Consultants Ltd., offering management and organisational development services, including strategic, operational and safety mentoring. In 2018, the University of Strathclyde conferred upon him the honorary degree of Doctor of the University. Stewart is a former Chairman of the Scottish Business Group at the British Chamber of Commerce and a former Chieftain of the Hong Kong St. Andrew's Society.
17%
Gender
Age
50%
50%
5 Male
3 41-50
83%
The CEO has overall executive responsibility for the Group's operations, including carrying out duties or functions delegated by the Board. He ensures alignment of overall strategy and objectives across business functions, departments and units with an aim to achieving business and financial goals of the Group, ensuring statutory and procedural compliance and mitigate risks.
Chaired by the CEO, GEMC is responsible for the assurance of the Group's business strategies and objectives being executed in a timely and effective manner through their leadership in respective Business Support Functions, Business Line Departments, and Business Development Units.
Visit Kum Shing
Corporate Website for details of GEMC and
leadership members
Board of Directors
Group Executive Management Committee
Business Support Functions • People Function • Finance Function
Business Line Departments • C ivil & Building • E lectrical & Mechanical
Business Development Units • Manpower Supply
Non-executive Directors Ir CHAI Sung Veng John SBS BSc (Eng), FHKIE, FHKIHT
• Commercial Function • Infrastructure Function • Assurance Function
• P rocess & Plant • Power Systems • Urban Facilities
Titles and Qualifications F ellow of The Hong Kong Institution of Engineers F ellow of Hong Kong Institution of Highways and Transportation Other Service B uilding Information Modelling Appeal Board of the Construction Industry Council (Chairman) H ong Kong Institution of Highways and Transportation (Hon. Auditor) Past Experience Ir John Chai joined Kum Shing in 2017 as Senior Advisor. He provides professional advice on the development of the corporation’s engineering and construction business.
John served in various government departments for 33 years and held the position of Director of the Civil Engineering and Development Department from 2005 to 2011. Prior to joining Kum Shing, John was the Executive Director, Projects of Airport Authority Hong Kong, where he was responsible for planning, developing and implementing numerous airport expansion projects including the three-runway system. He has accumulated over 40 years of professional experience managing large infrastructure projects. He received the Silver Bauhinia Star from the HKSAR Government in 2011.
Remuneration Policy
To encourage commitment and continuous improvement, the remuneration and incentives are based on objective criteria, reflecting performance, complexity, responsibility and value creation. The remuneration packages are regularly assessed for appropriateness to the role and responsibility, with reference to major industry players or comparable companies.
We believe that fair and properly structured remuneration can align the interests of Directors, senior management and employees with those of the Group and its shareholders. The Group’s People Function, as delegated by the Board, scrutinises the remuneration policies and other related matters within the Group, including the remuneration of the Executive Directors, senior management and employees. The remuneration packages include fixed and variable components. The variable components, such as performance bonuses and incentive bonuses, are linked to the Group's business performance and individual performance.
25 KUM SHING SUSTAINABILITY REPORT 2024/25
KUM SHING SUSTAINABILITY REPORT 2024/25
26
Made with FlippingBook Digital Proposal Creator