FIRST PACIFIC NAMES CEO FOR TELECOMS IN GREATER SOUTHERN CHINA
First Pacific Company Limited announced Tuesday that Ian Stone has been named President and Chief Executive Officer for the Group's telecommunications businesses in the Greater Southern China area -- comprising Pacific Link Communications Limited in Hong Kong, and newer businesses in Taiwan and China's Fujian and Guangdong provinces. The position is effective from 1st July.
As part of his new duties, Mr. Stone, 46, will succeed Henry Goldstein as President and Chief Executive Officer of Pacific Link. Mr. Goldstein stepped in as interim head of the business in December 1996, in addition to his responsibilities as Executive Director of Asia Link Holdings Limited, the holding company for all of First Pacific's other telecommunications investments. Mr. Goldstein will continue to retain his position at Asia Link.
Mr. Stone has spent 27 years in the telecoms industry with Cable & Wireless plc and Hongkong Telecommunications Limited, and has extensive experience across the UK and Asia-Pacific region. Based in Hong Kong since 1990, he recently served as Commercial Director of Hongkong Telecom, prior to which he was Director of Cable & Wireless's Asian mobile telephone operations and Managing Director of Hongkong Telecom CSL.
"The hiring of Ian Stone marks an important step in strengthening Pacific Link's standing in the marketplace," said Mr Goldstein. "He brings a wealth of local and regional experience to our team, and we are confident that he will provide the leadership and talent to bring us to the next stage of our development, which includes the rollout of our PCS service in July."
First Pacific's telecommunications operations have more than 750,000 subscribers in Greater Southern China, the Philippines, Indonesia and India.
First Pacific is a Hong Kong based, Asian-oriented conglomerate with nearly 53,000 employees working in the areas of marketing & distribution, telecommunications, property and banking. Its profit before exceptionals rose 32 per cent in 1996 to US$202 million on turnover of US$7.026 billion .
* * *
For further information, please contact:
Robert Sherbin Tel: (852) 2842 4380
Group Vice President
Corporate Communications
First Pacific Company Limited
Henry Goldstein Tel: (852) 2842 4331
Executive Director
Asia Link Holdings Limited
Company information can also be accessed on:
Internet: irasia.com/listco/hk/firstpac
E-mail: info@firstpac.com.hk
| © Copyright 1996-2008 irasia.com Ltd. All rights reserved. Tel: (852) 2831-9792. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |