Sonia Cheng Explained

Sonia Cheng
Birth Place:Hong Kong
Alma Mater:Harvard University
Occupation:Businesswoman
Known For:CEO of Rosewood Hotel Group
Father:Henry Cheng
Spouse:Paulo Pong
Children:4

Sonia Cheng Chi-Man (traditional Chinese: 鄭志雯; simplified Chinese: 郑志雯) is a Hong Kong business executive. She is the CEO of Rosewood Hotel Group and the executive director of the New World Development.[1] She is also the vice-chairman of Chow Tai Fook Jewellery Group.[2] She was also appointed as an independent non-executive director of The Hongkong and Shanghai Banking Corporation[3] and a director of Primavera Capital Acquisition Corporation.[4] She is the daughter of Hong Kong property developer Henry Cheng and granddaughter of real estate and jewelry billionaire Cheng Yu-tung.

Early life and education

Cheng was born in 1980. She is the second child of Henry Cheng.[5] The executive Adrian Cheng is her brother.[6] [7] She studied at St. Pauls’ Co-educational College in Hong Kong and Taft School in the United States. She holds a Bachelor of Arts from Harvard University.[8] [9] [10]

Career

Cheng joined Morgan Stanley and Warburg Pincus working in their U.S. and Hong Kong offices.[11] In 2008, she joined New World Group and became chief executive of Rosewood Hotel Group.

Cheng joined Chow Tai Fook Jewellery Group in April 2019 as a non-executive director,[12] she became an executive director in April 2021 and became vice-chairman and executive director in June 2022.

Cheng holds several board positions. She is the chairman of the advisory committee of the School of Hotel and Tourism Management at The Chinese University of Hong Kong and The Hong Kong Polytechnic University.[13] She was also a Council Member of the Chinese University of Hong Kong.[14]

Cheng was listed on the International Hospitality Institute Global 100: 100 Most Powerful People in Global Hospitality in 2022.[15] She was on Fortune's 40 under 40 in 2018[16] Cheng was also on Asia's 50 Power Businesswomen in 2015 & 2016[17] [18]

Personal life

Cheng has been involved in the New World Development and Chow Tai Fook charity projects in Hong Kong and mainland China.

She is married to Paulo Pong Kin-Yee and has four children.[19]

Notes and References

  1. Web site: Corporate New World Development Company Limited Official Website. New World Development Company Limited Official Website. 3 March 2020.
  2. Web site: Leadership Group Chow Tai Fook Jewellery Group . 11 March 2020 . Chow Tai Fook Jewellery Group.
  3. Web site: Board Appointment – The Hongkong and Shanghai Banking Corporation Limited. 23 November 2020. HSBC. 10 October 2022.
  4. Web site: Sonia Cheng. Bloomberg. 10 October 2022.
  5. Web site: Rosewood Hong Kong: How Sonia Cheng Is Bringing Ultra-Luxury Hospitality Home. Giles. Oliver. 1 April 2019. Hong Kong Tatler. 6 March 2020.
  6. Web site: Sonia Cheng: The Rosewood CEO on her family and her Hong Kong hotel. Handley. Lucy. 5 July 2019. CNBC. 6 March 2020.
  7. Web site: Sonia Cheng & Adrian Cheng, the young billionaire siblings behind the empire that includes 'Rosewood Hotels'. CPP LUXURY. en-US. 11 March 2020.
  8. Web site: Ms. Cheng Chi-Man, Sonia - Executive Director New World Development Company Limited . 2022-03-27 . www.nwd.com.hk.
  9. Web site: 20 Minutes With: Rosewood Hotel CEO Sonia Cheng. Block. Fang. 10 December 2018. Penta Barron's. 6 March 2020.
  10. Web site: Next Tycoon: Hong Kong's Sonia Cheng Opens New World Hotels For The Family Empire. Gluckman. Ron. 26 July 2017. Forbes. 6 March 2020.
  11. Web site: A Millennial Runs the Show at Rosewood Hotel Group. Karmin. Craig. 21 October 2014. The Wall Street Journal. 6 March 2020.
  12. Web site: Share buyback on cards as CTF profit rises 11pc. The Standard(Hong Kong). 10 October 2022.
  13. Web site: The Hong Kong Polytechnic University School of Hotel and Tourism Management Membership List of School Advisory Committee . 11 March 2020 .
  14. Web site: The Council > Membership. 1 November 2022 . The Chinese University of Hong Kong.
  15. Web site: Mix . Pulse . 2022-08-01 . Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality . 2022-08-03 . Pulse Nigeria . en.
  16. Web site: 2018 . 40 Under 40 . March 3, 2020 . Fortune.
  17. Web site: Asia's 50 Power Businesswomen 2015. Scott. Mary. 25 February 2015. Forbes Asia. 6 March 2020.
  18. Web site: Asia's 50 Power Businesswomen 2016. Scott. Mary. 6 April 2016. Forbes Asia. 6 March 2020.
  19. Web site: Rosewood's Sonia Cheng and Husband Paulo Pong Kin-Yee Share An Interest In Business. 26 July 2017. Forbes. 11 March 2020.

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