Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
Generic

Lawrence Ng

FCPA I CGMA I CIMA I ACMA I CFA In ESG Investing I

Summary

Seasoned management executive with global exposure. Successfully led business expansion in various sectors, including retail, consumer platforms, technology, real estate, telecommunications, and shopping malls.

Overview

17
17
years of professional experience

Work History

Chief Operating Officer, COO

Cornerstone Technologies Holdings Limited
01.2022 - Current

Focused on growth strategies, innovation, business models, and the overall business operation to accelerate the adoption of electric vehicles in Asia markets.

  • Developed key business models with comprehensive financial plans to support long-term objectives.
  • Achieved 50x revenue growth through the successful launch of new business models, house brands, products, and partnerships to meet growing customer demand.
  • Played a crucial role in mergers and acquisitions activities, which included due diligence processes, negotiations, integration planning, and execution efforts for seamless transitions.
  • Negotiated strategic partnership contracts with key OEM brands, such as BMW, BYD, Porsche, etc., to support business growth objectives.
  • Enhanced supply chain management strategies, reducing lead times while maintaining product quality standards, leading to increased customer satisfaction rates.
  • Led major organizational growth efforts, resulting in a more agile and responsive team structure.
  • Increased productivity and cost savings by streamlining operations through efficient processes and systems.

Head of New Business

K11 Concepts Limited, Member Of NWD (SEHK:0017)
06.2019 - 01.2022

Identified, assessed, acquired, integrated, and managed new business opportunities in various sectors. These included digital technology, e-commerce, online media, education, intellectual property, food and beverage, theme parks, and shopping malls.

  • Approved business and financial plans for acquisitions and start-ups, leveraging K11 and NWD group resources to provide synergies and capture emerging customer trends.
  • Introduced capabilities for the group with new technologies and business platforms.
  • Established an ecosystem and provided synergies for the K11 and NWD group business units.
  • Doubled the platform business members to over 2 million, making it the leading kids and family digital platform in Hong Kong.
  • Led significant organizational growth efforts, resulting in a more agile and responsive team structure.
  • Digitized the customer journey and operational process, enhancing customer satisfaction and increasing cost efficiency.

Group Chief Financial Officer, CFO

IATS Payments
09.2019 - 02.2020

Group CFO for a multinational FinTech company, processing over 1 Trillion HKD in transactions annually, covering major markets including Hong Kong, China, Singapore, Malaysia, and Vietnam.

  • Led treasury management involving over 1 trillion HKD transactions annually, optimizing cash investments and mitigating exposure to foreign exchange fluctuations.
  • Managed the IPO process and established strong relationships with external stakeholders such as investors, analysts, and regulatory agencies, promoting transparency and building trust in the organization's financial management.
  • Oversaw the deployment of strategic business plans to meet accounting, compliance, and revenue targets.

AGM, Business Strategy, Analysis and Controls

Wang On Group (SEHK: 1222, 1243, 897, 221, 149)
07.2017 - 06.2019

Reported to the Board of Directors and Chairman, leading the overall corporate and business strategy for the conglomerate businesses, including:

  • Wang On Group (SEHK:1222): Drove the financial and investment strategy for holding companies.
  • Wai Yuen Tong Holdings (SEHK:897): Turned the business around, leading the retail holding company to profitability in 2017.
  • Wang On Property (SEHK:1243): Directed assessments of overall property markets and investment strategies.
  • Easy One Financial Group (SEHK:221): Managed credit risk by implementing and enforcing system controls in the personal loan business.
  • China Agri-Products Exchange (SEHK:149): Guided in the acquisition of major wet markets in the South China region.

Head of Commerce

CROCS
08.2013 - 05.2017

Led the overall business and financial strategy to drive growth in retail, e-commerce, wholesale, and franchise business sectors across Asia Pacific markets.

  • Designed and implemented plans for over 500 stores across Asia Pacific markets.
  • Deployed regional marketing strategies to target the youth segment for CROCS, recording over 500% sales increase in the targeted segment.
  • Oversaw assortment and inventory management processes to maximize SKU productivity, minimize stockouts, and ensure efficient order fulfillment across all channels and markets.
  • Formulated franchise business strategies for the Hong Kong and Singapore markets, thereby significantly accelerating market penetration and enhancing the financial outlook.

Assistant Manager, Group Management

CK Hutchison Holdings Ltd
02.2011 - 08.2013

Provided consultancy on business analytics, corporate controls, global business development strategy, corporate development, operations, and process improvement for Hutchison Telecommunication and A.S. Watson Group's worldwide consumer brands, retail, and e-commerce businesses.

  • Worked with CBRE to create a door plan for A.S. Watson Group, resulting in the opening of over 365 stores in APAC within a year.
  • Managed catchment analysis and supply chain scaling plan to support A.S. Watson Group's aggressive store expansion.
  • Oversaw the business and process integration of Kruidvat in the Netherlands and ICI PARIS XL in Belgium after the merger and acquisition.
  • Worked with APPLE to launch a customer acquisition program for 3 Sweden, introducing the region's first bundle deal and successfully launching the iPhone 5 in the market.
  • Led the acquisition and integration of a customer service call center to support the European operations of the 3 telecommunications business.

Senior Associate

PricewaterhouseCoopers
09.2007 - 11.2010

Provided professional services that included consultancy on business operations, transactions, due diligence, financial assurance, and process improvements for conglomerate businesses and global consumer brands.


Major clients included:

  • CK Hutchison Group
  • Richemont Asia Pacific Group
  • Samson Paper Holdings

Education

CFA in ESG Investing

Member
2022

Chartered Management Accountant (ACMA)

Member
2020

Chartered Global Management Accountant (CGMA)

Member
2020

Hong Kong Institute of Certified Public Accountant

Fellow
2010

The Univsersity of Hong Kong

Bachelor
04.2001 -

Skills

  • Strategy
  • undefined

    Additional Information

    Current Package

    • Basic monthly salary: HK$130,000.
    • Signing bonus: 0.5% of the total number of issued shares of holding company (approximate 4,500,000).
    • Annual bonus: discretionary + 2% of profit attributable to shareholders.
    • Share bonus: 2.5% of total number of issued shares of holding company, (approximate 22,500,000).
    • Others: medical, car parking, ev charging.


    Expected Salary

    • Negotiable

    Timeline

    Chief Operating Officer, COO

    Cornerstone Technologies Holdings Limited
    01.2022 - Current

    Group Chief Financial Officer, CFO

    IATS Payments
    09.2019 - 02.2020

    Head of New Business

    K11 Concepts Limited, Member Of NWD (SEHK:0017)
    06.2019 - 01.2022

    AGM, Business Strategy, Analysis and Controls

    Wang On Group (SEHK: 1222, 1243, 897, 221, 149)
    07.2017 - 06.2019

    Head of Commerce

    CROCS
    08.2013 - 05.2017

    Assistant Manager, Group Management

    CK Hutchison Holdings Ltd
    02.2011 - 08.2013

    Senior Associate

    PricewaterhouseCoopers
    09.2007 - 11.2010

    The Univsersity of Hong Kong

    Bachelor
    04.2001 -

    CFA in ESG Investing

    Member

    Chartered Management Accountant (ACMA)

    Member

    Chartered Global Management Accountant (CGMA)

    Member

    Hong Kong Institute of Certified Public Accountant

    Fellow
    Lawrence NgFCPA I CGMA I CIMA I ACMA I CFA In ESG Investing I