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New Chairman for Hong Kong Jockey Club
Prominent business leader Philip Chen Nan-lok will replace Anthony Chow Wing-kin as Chairman of the Hong Kong Jockey Club, reports scmp.com. "It is an immense honour and privilege for me to take up this new role," Chen said. "Our past chairmen, stewards, voting members and management have built a strong foundation for the club over the decades. In particular I would like to thank my predecessor, Anthony Chow, who has contributed so much to the club and to the community it serves. The club has a well-established and highly effective integrated business model, which has enabled us to achieve world-class racing, provide substantial tax and charity support, and deepen our engagement with the community. Certainly in these challenging times the club will do everything it can to support the betterment of our society, which is, and always will be, our purpose." Chow retired on Monday after reaching the age of 70. Michael Lee Tze-hau was elected as the new deputy chairman.