Management Teams

Dr Bankee KWAN BBS, JP

Chairman DBA(Hon), MBA, BBA, FFA, FHKSI, CPM(HK), FHKIM

Dr Kwan is responsible for devising the overall business strategy of the Group. Dr Kwan has extensive experience in corporate management, strategic planning, marketing management, financial advisory and banking. An MBA graduate from The Murdoch University of Perth, Australia and a BBA graduate from The Chinese University of Hong Kong, Dr Kwan was also conferred an Honorary Doctorate degree in Business Administration. Dr Kwan is also a fellow of the Institute of Financial Accountants, UK, the Hong Kong Securities and Investment Institute and the Hong Kong Institute of Marketing (HKIM). He is a Certified Professional Marketer (HK) of HKIM. He was awarded the Bronze Bauhinia Star (BBS) by the HKSAR Government and is a Justice of Peace (JP) of the HKSAR.

Dr Kwan is a firm believer in youth education and development. He is a John Harvard fellow of Harvard University, US; a member of the Harvard University Asia Center Advisory Committee; a trustee of New Asia College of The Chinese University of Hong Kong; an honorary fellow of The Hong Kong Metropolitan University; a member of the Court of City University of Hong Kong, an Adjunct Professor of The Hang Seng University of Hong Kong, an honorary director of the Pan Sutong Shanghai-Hong Kong Economic Policy Research Institute (PSEI) and a member of the Advisory Board on Business Studies of Lingnan University of Hong Kong, and an advisory professor and an honorary member of the Board of Trustees of Nanjing University. Dr Kwan is also an honorary advisor of several higher education institutions, including the LiPACE of The Hong Kong Metropolitan University and the Academy of Oriental Studies of Peking University.

In addition to education, Dr Kwan is also active in serving the community. Currently, he is a member of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC); a standing committee member and vice convener (Hong Kong and Macao Members) of the 10th to 14th CPPCC, Shanghai Committee; the chairman of the Mandatory Provident Fund Schemes Advisory Committee (MPFSAC); the chairman of the Business Facilitation Advisory Committee (BFAC); the convenor of the Wholesale and Retail Task Force (WRTF) of BFAC; the Permanent Honorary President and Past President of Federation of Hong Kong-Shanghai Associations; a member of the 5th Council of the China Overseas Friendship Association; a member of the Election Committee for the Fourth, the Fifth and the Sixth Term of the Chief Executive Election of the HKSAR; a director, an executive committee member, past honorary advisor and past chairman of the Hong Kong Retail Management Association (HKRMA); a member of the Process Review Panel (PRP) for the Securities and Futures Commission (SFC); a member of the Securities and Futures Appeals Tribunal (SFAT); a member of the Labour Advisory Board of the HKSAR; a member of the Marketing Management Committee of the Hong Kong Management Association (HKMA); a director of the Hong Kong Justice of Peace Association. Dr Kwan has also been a non-executive director of the MPF Authority, the deputy chairman of BFAC, an honorary advisor of Hong Kong Small and Medium Enterprises Association, a member of the Central Policy Unit of the Government of the HKSAR and an honorary advisor of the CEPA Business Opportunities Development Alliance.

Dr Kwan is well recognised for his dedications and contributions to the society. He was named “Entrepreneur of the Year” in the Asia Pacific Entrepreneurship Awards as organised by Enterprise Asia, which recognised his outstanding entrepreneurial success and significant contributions to economic life and society. Dr Kwan was named “Man of the Year for Leadership in Asia” by IAIR, the world’s leading financial magazine. The annual IAIR Awards recognise outstanding professionals who actively promote excellences in innovation and sustainability. He was bestowed with the “World Outstanding Chinese Award” organised by World Chinese Business Investments Foundation, which recognised his great contribution to the global Chinese society. The Hang Seng University of Hong Kong bestowed the “Junzi Entrepreneur Award” on Dr Kwan, recognising his continuous contribution to the society of Hong Kong.

JAMES LEUNG

Deputy Chairman MBA, BSocSc

Mr Leung is in charge of the overall strategic planning and development of Pricerite Group. He has extensive experience in the fields of banking, debt capital market and retail management businesses. Mr Leung received a Master of Business Administration Degree from Heriot-Watt University, UK and a Bachelor of Social Sciences (Management and Economics) Degree from The University of Hong Kong.

JEFFREY KWAN

ED BA, MHKSI

Mr Kwan is in charge of corporate management and strategic investments of the Group. He has extensive experience in financial technology, corporate and strategic management, private equity and investment management. Mr Kwan received a Bachelor of Arts Degree in Psychology from the Johns Hopkins University, US. He is a member of the Hong Kong Securities and Investment Institute. Mr Kwan was named “Forbes China Innovative Entrepreneur” in 2025 by Forbes China. Mr Kwan is also an executive director and deputy chief executive officer of CFSG.

MORTON CHEUNG

CFO BBA, CPA

Mr Cheung oversees the finance and treasury function of the Group. He has extensive experience in the fields of auditing, financial reporting, investment banking and corporate finance. Mr Cheung received a Bachelor of Business Administration (Professional Accountancy) Degree from The Chinese University of Hong Kong. He is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants. Mr Cheung is also an executive director and chief financial officer of CFSG.

JANET KWAN

DEPUTY CEO BA

Ms Kwan oversees the digitalisation of the Group’s retail business. She has extensive experience in the fields of brand management, digital marketing, advertising technology and consulting. Ms Kwan was awarded in the “Women to Watch” list by Campaign Asia. Ms Kwan was formerly a Lead Associate Trading Director at The Trade Desk where she empowered brands and agencies to transform their traditional marketing efforts into effective, data-backed advertising strategies. Prior to that, Ms Kwan was a brand consultant in a strategic consultancy within the WPP group, developing data-driven brand strategies for Fortune 500 companies. Ms Kwan graduated magna cum laude and Phi Beta Kappa from Columbia University with a Bachelor of Arts Degree in Financial Economics with dual concentrations in Business Management and Psychology.

Derek Ng

CEO MBA, BA, PD

Mr Ng is in charge of the business development and management of Pricerite Group. He has extensive experience in the field of retail operation and management. Mr Ng received a Master of Business Administration Degree from Southern Illinois University Carbondale, US and a Bachelor of Arts Degree from Ottawa University, US. He holds a Professional Diploma in Financial Planning from The University of Hong Kong. In 2014, Mr Ng was bestowed with the “Asia Pacific Entrepreneurship Awards 2 0 1 4 – Outstanding Entrepreneurship Award”, as organised by Enterprise Asia.

DUNCAN IP

COO GBM

Mr Ip is in charge the overall merchandising platform of Pricerite Group building it as a professional data-driven organisation. He is responsible for fostering the understanding of customers’ changing preferences and buying behaviours while optimising the inventory and supply chain management of Pricerite Gorup. Through big-data analytics, Mr Ip is dedicated to developing customer-oriented product portfolio to gain customer loyalty through enhanced customer satisfaction. He has extensive experience in retail data analytics. Mr Ip holds a Bachelor of Global Business Management Degree from University of Central Lancashire, UK.

PACKY YEUNG

DEPUTY COO MBA

Ms Yeung is in charge of the back-office and frontline operations of Pricerite Group. She has over 30 years of proven solid experience in Hong Kong’s retail market. Ms Yeung received an MBA Degree from the Holmes Institute in Australia.

TINA GONG

DIRECTOR & HEAD OF MERCHANDISING MSc

Ms Gong oversees the merchandising and sourcing functions of Pricerite Group. She has extensive experience in global sourcing, product development, and cross-border
e-commerce. Ms Gong holds a Master of Science Degree in Electronic Commerce and Internet Computing from The University of Hong Kong.

Boris TAM

General Manager of iRetail BAS

Mr Tam is in charge of the e-commerce business of Pricerite Group. He has extensive experience in the fields of e-commerce and information technology. Mr Tam received a Bachelor of Applied Science Degree in Computing from Swinburne University of Technology, Australia.

Dr Bankee KWAN BBS, JP

Chairman DBA(Hon), MBA, BBA, FFA, FHKSI, CPM(HK), FHKIM

Dr Kwan is responsible for devising the overall business strategy of the Group. Dr Kwan has extensive experience in corporate management, strategic planning, marketing management, financial advisory and banking. An MBA graduate from The Murdoch University of Perth, Australia and a BBA graduate from The Chinese University of Hong Kong, Dr Kwan was also conferred an Honorary Doctorate degree in Business Administration. Dr Kwan is also a fellow of the Institute of Financial Accountants, UK, the Hong Kong Securities and Investment Institute and the Hong Kong Institute of Marketing (HKIM). He is a Certified Professional Marketer (HK) of HKIM. He was awarded the Bronze Bauhinia Star (BBS) by the HKSAR Government and is a Justice of Peace (JP) of the HKSAR.

Dr Kwan is a firm believer in youth education and development. He is a John Harvard fellow of Harvard University, US; a member of the Harvard University Asia Center Advisory Committee; a trustee of New Asia College of The Chinese University of Hong Kong; an honorary fellow of The Hong Kong Metropolitan University; a member of the Court of City University of Hong Kong, an Adjunct Professor of The Hang Seng University of Hong Kong, an honorary director of the Pan Sutong Shanghai-Hong Kong Economic Policy Research Institute (PSEI) and a member of the Advisory Board on Business Studies of Lingnan University of Hong Kong, and an advisory professor and an honorary member of the Board of Trustees of Nanjing University. Dr Kwan is also an honorary advisor of several higher education institutions, including the LiPACE of The Hong Kong Metropolitan University and the Academy of Oriental Studies of Peking University.

In addition to education, Dr Kwan is also active in serving the community. Currently, he is a member of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC); a standing committee member and vice convener (Hong Kong and Macao Members) of the 10th to 14th CPPCC, Shanghai Committee; the chairman of the Mandatory Provident Fund Schemes Advisory Committee (MPFSAC); the chairman of the Business Facilitation Advisory Committee (BFAC); the convenor of the Wholesale and Retail Task Force (WRTF) of BFAC; the Permanent Honorary President and Past President of Federation of Hong Kong-Shanghai Associations; a member of the 5th Council of the China Overseas Friendship Association; a member of the Election Committee for the Fourth, the Fifth and the Sixth Term of the Chief Executive Election of the HKSAR; a director, an executive committee member, past honorary advisor and past chairman of the Hong Kong Retail Management Association (HKRMA); a member of the Process Review Panel (PRP) for the Securities and Futures Commission (SFC); a member of the Securities and Futures Appeals Tribunal (SFAT); a member of the Labour Advisory Board of the HKSAR; a member of the Marketing Management Committee of the Hong Kong Management Association (HKMA); a director of the Hong Kong Justice of Peace Association. Dr Kwan has also been a non-executive director of the MPF Authority, the deputy chairman of BFAC, an honorary advisor of Hong Kong Small and Medium Enterprises Association, a member of the Central Policy Unit of the Government of the HKSAR and an honorary advisor of the CEPA Business Opportunities Development Alliance.

Dr Kwan is well recognised for his dedications and contributions to the society. He was named “Entrepreneur of the Year” in the Asia Pacific Entrepreneurship Awards as organised by Enterprise Asia, which recognised his outstanding entrepreneurial success and significant contributions to economic life and society. Dr Kwan was named “Man of the Year for Leadership in Asia” by IAIR, the world’s leading financial magazine. The annual IAIR Awards recognise outstanding professionals who actively promote excellences in innovation and sustainability. He was bestowed with the “World Outstanding Chinese Award” organised by World Chinese Business Investments Foundation, which recognised his great contribution to the global Chinese society. The Hang Seng University of Hong Kong bestowed the “Junzi Entrepreneur Award” on Dr Kwan, recognising his continuous contribution to the society of Hong Kong.

PROF HILTON CHAN

VICE CHAIRMAN PhD, BSc

Prof Chan is currently the Adjunct Professor at the Information Systems, Business Statistics and Operations Management (ISOM) and Finance Department of the Hong Kong University of Science and Technology (HKUST). He holds a Doctorate Degree of Philosophy in Information System Management from the HKUST and BSc in Computer Science and Business from the University of Toronto. He is also the fellow and founding member of Information Security and Forensics Society (ISFS). Prof Chan has extensive experiences as a researcher, consultant and practitioner in big data analytics, fintech, insurtech and regtech in Hong Kong and Canada.

PROF ALFRED MA

CEO PhD, MPhil, BSc, CIPM, ASA, PRM, CFA

Prof Alfred Ma is in charge of research and development for algorithmic trading and data analytics. He has extensive experience in the field of financial engineering and algorithmic trading. Dr Ma received a Doctor of Philosophy Degree in Operations Research from the Columbia University, US, a Master of Philosophy Degree in Mathematics and a Bachelor of Science Degree in Mathematics from The Chinese University of Hong Kong. He is a holder of Certificate in Investment Performance Measurement from the CFA Institute, US, an associate of the Society of Actuaries, US and a Professional Risk Manager of The Professional Risk Managers’ International Association, US. He is also a Chartered Financial Analyst and a responsible officer of CASH Wealth Management Limited, CASH Asset Management Limited and CASH Algo Finance Group Limited and Celestial Commodities Limited.

CLIFF CHEUNG

MANAGING DIRECTOR, CORPORATE DEVELOPMENT MBA, CFA

Mr Cheung is responsible for managing all investor and capital market issues of the Group. He is an Asian private equity veteran with more than 35 years of investment experiences. Mr Cheung received a bachelor’s degree from the University of Hong Kong and EMBA from J.L. Kellogg School of Management/HKUST. He is a charter-holder of the Chartered Financial Analyst (CFA) designation.

JEFFREY KWAN

ED BA, MHKSI

Mr Kwan is in charge of the strategic and corporate development of the Group. He has extensive experience in the fields of financial technology, corporate and strategic management, private equity and investment management. Mr Kwan received a Bachelor of Arts Degree in Psychology from The Johns Hopkins University, US. He is a member of the Hong Kong Securities and Investment Institute. Mr Kwan was named “Forbes China Innovative Entrepreneur” in 2025 by Forbes China.

MORTON CHEUNG

CFO BBA, CPA

Mr Cheung oversees the finance and treasury function of the Group. He has extensive experience in the fields of auditing, financial reporting, investment banking and corporate finance. Mr Cheung received a Bachelor of Business Administration (Professional Accountancy) Degree from The Chinese University of Hong Kong. He is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants.

ANGELA WONG

COO EMBA, BA, CFA

Ms Wong oversees the overall back-office management and all compliance issues of the Group. She has over three decades of experience in financial services, focusing on investment and wealth management business in North America, Hong Kong, and Mainland China. Ms Wong received a Bachelor of Arts Degree from York University, Canada, and an Executive MBA Degree from Tsinghua University, China. She holds the Chartered Financial Analyst designation from the CFA Institute in the US.