Kenneth Fok
Fok Kin Ning, Canning (born 22 August 1952)[1] is a senior executive of the Cheung Kong Group. He is known as one of Hong Kong’s top “Salary Kings” and a major taxpayer in the Salaries Tax category of the Hong Kong Inland Revenue Department. In the 2006–2007 period, his income was HK$130 million, making him the highest earner in Hong Kong that year. Media reports suggest that between 1994 and 2014, Fok's total earnings reached HK$2.54 billion.[2] [3]
Early Life
In the 1960s, Fok attended the PM session of Holy Trinity Church Kindergarten (now known as Holy Trinity Church Tsang Shiu Tim Kindergarten) and later Fuk Wing Street Government Primary School and Diocesan Boys’ School. In the 1970s, he earned a Bachelor of Arts degree from Saint John's University, a private Catholic university in Minnesota, USA. He later obtained a diploma in Financial Management from the University of New England in Australia.
Career
Fok returned to Hong Kong in 1979 and joined the Cheung Kong Group. After being promoted to accounting officer, he obtained membership in the Institute of Chartered Accountants in Australia. In 1983, he left the group and co-founded an accounting firm with friends, which later closed down.
Discovery
In 1984, he rejoined the Cheung Kong Group and in 1985 was appointed a director at the age of 33.[4] In 1993, during a business trip to Japan, he was seconded by Hutchison Whampoa (another company under Li Ka-shing’s control) to assist their work. There, Managing Director Marshall Mak discovered Fok’s talent as a negotiator. Upon returning to Hong Kong, Mak quickly recommended Fok to Li Ka-shing. After Mak’s resignation, Fok succeeded him as Managing Director of Hutchison Whampoa.[5]
Anecdotes
In April 2006, Fok purchased a mansion at No. 37 Deep Water Bay Road for HK$350 million.[6]
On 23 March 2023, Fok announced his retirement from frontline duties and stepped down as Co-Managing Director of the company.[7]
Positions
- CK Infrastructure Holdings Limited – Executive Director and Deputy Chairman of the Board
- CK Hutchison Holdings Limited – Executive Director and Deputy Chairman of the Board
- Hutchison Telecommunications International Limited – Chairman of the Board
- Hutchison Global Communications Limited – Chairman of the Board
- Hutchison Telecommunications (Australia) Limited – Chairman of the Board
- Partner Communications Company Ltd – Chairman of the Board
- Husky Energy – Co-Chairman of the Board
- Hutchison Telecommunications Hong Kong Holdings Limited – Chairman of the Board
And director of various Cheung Kong Group subsidiary companies
References
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-1
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-2
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-3
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-4
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-5
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-6
- ↑ https://zh.wikipedia.org/wiki/%E9%9C%8D%E5%BB%BA%E5%AF%A7#cite_ref-7