Metro Holdings Limited ("Metro" or the "Group") announced the appointment of Mr. Yip Hoong Mun as Group Chief Executive Officer and Executive Director with effect from 1 June 2019. For his new role, Mr. Yip will oversee and drive the Group's investment strategies and hold executive responsibility over the business performance of the Metro Group of companies. He succeeds Mr. Lawrence Chiang, who will step down on 31 May 2019.

Mr. Yip is presently Metro's Deputy Group Chief Executive Officer, a position he assumed since May 2018. Mr. Yip was appointed as Group Chief Operating Officer and Chief Executive Officer of Metro China Holdings since January 2017.