Last checked at 22 Apr 2013 10:20
To: Business Editor For immediate release
NEIL GALLOWAY TO JOIN DAIRY FARM AS GROUP FINANCE DIRECTOR
22nd April 2013 - Dairy Farm International Holdings Limited today announced that Neil Galloway is to join the Company as Group Finance Director in the third quarter of the year. He will replace Alec Tong, who is moving to another role within the Jardine Matheson group.
Mr Galloway is currently Finance Director of The Hongkong and Shanghai Hotels, Limited, which he joined in 2008. He holds a Bachelor of Laws Degree (with Honours) from the University of Edinburgh. His career began with Midland Montagu (later HSBC Investment Bank) in 1990 in London with subsequent overseas postings, including France, Hong Kong and the Philippines. He joined ABN AMRO Bank in 2000, where he held a range of senior positions in Hong Kong and the United Kingdom, with his last role as Managing Director, Head of Mergers & Acquisitions/Equity Capital Markets, Asia.
"We are pleased that Neil has agreed to join Dairy Farm as Group Finance Director. He brings a wealth of finance experience which will benefit the Group as it continues its Asian growth strategy," said Dairy Farm Group Chief Executive, Graham Allan. "I would also like to thank Alec for his excellent contribution to Dairy Farm over the past three years and wish him well in his new role."
Mr Galloway will join the Group on completion of his current employment, which is expected to be in the third quarter of 2013.
Dairy Farm is a leading pan-Asian retailer. The Group and its associates operate over 5,600 outlets - including supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores and restaurants - employing over 90,000 people in the region, and had total annual sales in 2012 exceeding US$11 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a premium listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.
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For further information, please contact:
Dairy Farm Management Services Limited
Lancy Ng (852) 2299 3011
GolinHarris
Annie Leung (852) 2501 7904
This and other Group announcements can be accessed through the Internet at 'www.dairyfarmgroup.com'.