(Bloomberg) David Li, the longest-serving chief executive officer of a major Hong Kong-listed company, is stepping down from the top position at Bank of East Asia Ltd. after a 38-year run. Li, 80, will withdraw from his day-to-day role as CEO from July 1 and will become executive chairman, according to a statement Thursday. His sons Adrian Li and Brian Li will assume the roles of co-CEOs.
Hong Kong’s Longest-Serving CEO Steps Down as Sons Take Over
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