The Government today announced that in accordance with the Articles of Association of the MTR Corporation Limited (MTRCL) and as its majority shareholder, the Financial Secretary Incorporated has appointed Jacob Kam to succeed Rex Auyeung as Chairman of the board of directors.

The appointment is for three years effective January 1, 2026. Earlier today, Mr Kam was appointed as a non-executive director of the corporation by the MTRCL, taking effect on the same date.

Secretary for Transport & Logistics Mable Chan thanked Mr Auyeung for his contributions since taking up the MTRCL chairmanship in July 2019, noting that under his leadership, the corporation completed the full commissioning of Tuen Ma Line and East Rail Line Cross-harbour Extension projects, enhancing the railway network’s connectivity.

The MTRCL also proactively advanced a series of strategic railway projects including Tung Chung Line Extension, Oyster Bay Station, Kwu Tung Station, Tuen Mun South Extension, Hung Shui Kiu Station, and Northern Link which commenced works recently, contributing to Hong Kong's socio-economic development, she added.

Ms Chan said that the MTRCL, carrying over five million passengers daily, is the backbone of Hong Kong's public transport system and that she expects the new chairman to draw on his extensive experience in railway operations to lead it in applying innovative technologies to continuously enhance the safety, efficiency and reliability of Hong Kong's railways.

The transport chief also hopes the new chairman can uphold the MTRCL's mission of "Keep Cities Moving", such that railway infrastructure can be leveraged to add momentum to the city’s development and cross-boundary integration with the Mainland.