George Hongchoy Kwok-lung has announced his retirement as CEO of Hong Kong-based Link Asset Management, ending a 16-year tenure amid mounting controversy over his pay package and recent lay-offs.
Hongchoy, 63, would ensure a smooth transition at Link as it embarked on a search for his successor, Asia’s largest real estate investment trust said early on Tuesday, hours ahead of its annual shareholder meeting.
Earlier this month, Link laid off staff members as part of a streamlining of “a small…
