MTR Corporation Limited announced executive changes. The CEO, Lincoln Leong Kwok-kuen (who has been CEO since March 2015), has notified the Company of his wish to retire early from his role as CEO and as a member of the Board, the Corporate Responsibility Committee and the Executive Directorate. The Board has mutually agreed with Mr. Leong that his retirement will only be effective once a replacement CEO has reported for duty.

In addition, Dr. Philco Wong Nai-keung has resigned as Projects Director of the Company with immediate effect and has ceased to be a member of the Executive Directorate at the same time. Until such time as a new Projects Director is appointed and has reported for duty, Dr. Jacob Kam Chak-pui, the Company's Managing Director ­ Operations and Mainland Business, will have managerial oversight of the Projects Division of the Company.