To the well-born, value does not await the number of years! The famous words of Cornelius seem to fit perfectly with the portrait of Adrian Cheng, the new CEO of New World Development (NWD).
Adrian Cheng, the world's most powerful collector
He is ranked 12th in Art Review's Power 100 ranking of the most influential people in the art world. For the year 2020, Adrian Cheng is considered the most powerful collector in the world, ahead of American Pamela J. Joyner, 13th, and French Vincent Worms, 28th. Adrian Cheng bases his fame on his foundation, K11 Art Foundation, which plays a key role in promoting emerging Chinese art. K11 is basically a huge shopping mall in the heart of Hong Kong, founded by New World Development, a powerful conglomerate created by Adrian Cheng's grandfather and specialised in real estate, logistics and transport. The young Chinese businessman, born in 1979 and a Harvard graduate, is now at the head of the family empire, which also includes Chow Tai Fook, a company specialising in jewellery and watches.
Adrian Cheng promoted to executive vice president of NWD
New World Development Company Limited ("New World Group", "the Group"; stock code: 17.hK) is delighted to announce that Adrian Cheng, Executive Director and Joint Managing Director, has been promoted to the position of Executive Vice President, effective from 1 April 2015. Under his leadership over the past three years, the Group has won over 100 awards for excellence in corporate governance, sustainability, public relations, family friendliness and talent development. For the past three years, the Group has been strengthening its elite team and management while promoting the spirit of innovation and intrapreneurship among its employees. Committed to quality improvement, Mr Cheng is leading the launch of The Artisanal Movement, a journey that injects craftsmanship, uniqueness and innovation into its products and services.
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