Richard Lancaster has been appointed managing director of CLP Power Hong Kong Limited, CLP Group has announced.
Lancaster succeeds Mrs Betty Yuen, who takes up a new role as vice chairman of CLP Power Hong Kong Limited, with a primary focus on the strategic direction of the Group’s Hong Kong electricity business.
Lancaster, an electrical engineer by training with over 25 years power industry experience in Hong Kong and overseas, joined CLP in 1992 and has since held a wide range of management positions. He played a pivotal role in the company’s development of infrastructure for new, cleaner energy sources such as natural gas and renewable energy in Hong Kong.
He has served as acting managing director since last August while Yuen has been on a leave of absence for medical treatment. In his new capacity, Lancaster will report to Andrew Brandler, CEO of CLP Group.
“I am confident that Mr Lancaster's leadership and solid experience will take CLP's Hong Kong business to a new level as a leading power company, supporting the Group's growth in the Asia Pacific region,” said Brandler, adding that the Group was also pleased that Yuen had successfully recovered from her treatment and will return to work in a new role. “Her experience and connections will be of significant value to CLP as we advance our business in Hong Kong and in South China.”