Announces Change in Executive Leadership
News Release – November 30, 2011
Hong Kong, 30 November 2011 — Automated Systems Holdings Limited (‘ASL’) (SEHK stock code: 771), a leading IT services provider in the region, today announced that it has named Henry Hui as Chief Executive Officer (‘CEO’), and also as an Executive Director of the Board, effective December 1, 2011. Currently Mr. Hui is Senior Vice President of Sales, Hong Kong, Macau & Mainland China, for Automated Systems (HK) Limited. In his role as CEO, he will focus on strengthening ASL’s current position as a leader in IT services and solutions in Asia Pacific. Mr. Hui will succeed Y.T. Lai, who has been the CEO since 2002.1 Mr Lai will be elevated to the position of Vice Chairman of ASL, and will also remain a board member.
Mr. Wang Wei Hang, Vice Chairman and President and Director of Teamsun and Non-Executive Director of Automated Systems Holdings Limited said, “Henry’s leadership, experience and passion for the company will continue to add tremendous value to ASL’s development in the market. Henry has demonstrated himself to be a strong business leader with a proven track record in successfully growing the company’s business, particularly in Public Sector and Solution Business. We feel extremely confident in his ability to lead the company to build on ASL’s existing strengths for future sustainability and continuous growth.”
“In the meantime, I would like to express my heartfelt gratitude to Y.T. for his contribution and achievement over the past 35 years,” Mr. Wang added. “In his capacity as Vice Chairman, Mr. Lai will use his extensive experience and reputation as a Hong Kong IT industry veteran to provide advice and leadership to the Board. He will also continue to support and coach Mr. Hui in overseas subsidiary management and cross-territories business account relationship.”
Mr. Hui has spent more than 16 years with ASL, starting as a Sales Executive and promoted to different sales and general management positions. He holds a Bachelor of Science Degree in Electrical and Electronic Engineering and a Master of Science Degree in Computer and Electronic Engineering from the Oregon State University in the U.S.A.
“It is a great privilege for me to be entrusted with this esteemed position. We are extremely grateful to Y.T for his foresight, dedication and direction in leading ASL to become a close to 40-year trusted brand in the Hong Kong IT industry. Besides, Y.T. has also established ASL a strong footprint and reputation in the region. I look forward to delivering regional IT excellence from a solid foundation so as to lead the company into the next growth phase across Asia Pacific,” said Henry Hui, newly appointed Chief Executive Officer of Automated Systems Holdings Limited.
To further establish ASL as a leading IT services provider, Mr. Simon Leung, Executive Director of Automated Systems Holdings Limited, will now be responsible for exploring more opportunities to develop the business, including mergers and acquisitions and capital investment. Mr. Leung will continue in his role as a chairman of the board of directors for i-Sprint Innovations Pte. Ltd. (‘i-Sprint’), a wholly-owned subsidiary of ASL. Incorporated in Singapore, i-Sprint is principally engaged in the business of developing, distributing, implementing and supporting technology risk management products. These world-class products are suitable for financial and insurance institutions and corporations with high security demand environments that require credential and assess management solutions globally. In addition, Mr. Leung has been appointed as a senior advisor on behalf of ASL and will synergize the global business strategy with Teamsun Group. Mr. Leung will report to ASL Board directly.
Mr. Lai, Vice Chairman of Automated Systems Holdings Limited said, “ASL has long been a leader and innovator in the IT industry. I am very proud of to be part of its growth and express my deep gratitude to our clients, business partners, and colleagues’ incredible support in the midst of my tenure. I am eager to continue to contribute as a Vice Chairman of ASL and witness its continual success.”
“I’d like to extend my congratulations to Henry and Simon on the appointment of their new roles and we will look forward to the valuable advice that Y.T. will continue to offer the business,” concluded Mr. Wang.
1Mr. Lai became the Managing Director of ASL in April 2002. He was renamed as Chief Executive Officer effective from 1st January, 2010.
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