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Sonia Cheng

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Sonia Cheng
Chinese: 鄭志雯
Born1980 (age 43–44)
Alma materHarvard University
OccupationBusinesswoman
Known forCEO of Rosewood Hotel Group
SpousePaulo Pong
Children4
FatherHenry Cheng

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 privately held Rosewood Hotel Group,[1] executive director of the Hong Kong-listed New World Development (HKG:0017)[2] and the vice-chairman of Chow Tai Fook Jewellery Group (HKG: 1929).[3] She is also appointed as an independent non-executive director of The Hongkong and Shanghai Banking Corporation[4] and an independent director of Primavera Capital Acquisition Corporation,[5] a company listed on the New York Stock Exchange.. She is also a member of the Hong Kong Tourism Board (November 2020 – present).[6] She is the daughter of Hong Kong property developer Henry Cheng and granddaughter of real estate and jewelry billionaire Cheng Yu-tung.

Sonia Cheng was named to Forbes Top 40 under 40 [7] and Bloomberg Businessweek’s The Bloomberg 50 [8][9] in 2018.

Early life and education

Cheng was born in 1980. She is the second child of Henry Cheng,[10] and among her siblings are business executive Adrian Cheng, Brian Cheng, and Christopher Cheng.[11][12] She studied at St. Pauls’ Co-educational College in Hong Kong and Taft School in the United States. She holds a Bachelor of Arts Degree with a concentration in Applied Mathematics from Harvard University.[13][14][15]

Career

Cheng joined Morgan Stanley and Warburg Pincus working in their U.S. and Hong Kong offices.[11][16] In 2008, she joined New World Group and became chief executive officer of Rosewood Hotel Group overseeing four distinct hotel brands,[15] including Rosewood Hotels & Resorts®, New World Hotel & Resorts, Carlyle & Co and Asaya. In her capacity as a business executive, she promotes environmental-friendly and sustainable policies.[17]

Cheng joined Chow Tai Fook Jewellery Group in April 2019 as a non-executive director,[18] re-designated as an executive director in April 2021 and became vice-chairman and executive director in June 2022. She is responsible for strategic direction and corporate transformation of the company as well as its branding and high jewellery and HEARTS ON FIRE businesses.

Boards and positions

Awards and recognitions

Personal life

Cheng actively participates in charity work including New World Development and Chow Tai Fook charity projects in Hong Kong and Mainland China. Cheng is married to Mr. Paulo Pong with four children.[34]

References

  1. ^ a b "Rosewood Hotel Group | Our Team". Rosewood Hotel Group. Retrieved 3 March 2020.
  2. ^ a b "Corporate | New World Development Company Limited Official Website". New World Development Company Limited Official Website. Retrieved 3 March 2020.
  3. ^ "Leadership | Group | Chow Tai Fook Jewellery Group". Chow Tai Fook Jewellery Group. Retrieved 11 March 2020.
  4. ^ a b "Board Appointment – The Hongkong and Shanghai Banking Corporation Limited" (PDF). HSBC. 23 November 2020. Retrieved 10 October 2022.
  5. ^ "Sonia Cheng". Bloomberg. Retrieved 10 October 2022.
  6. ^ "Rosewood Hotels CEO Sonia Cheng named to tourism role". The Standard (Hong Kong). 30 October 2020. Retrieved 10 October 2022.
  7. ^ "Sonia Cheng". forbes. Retrieved 10 October 2022.
  8. ^ Scott, Mary (25 February 2015). "Asia's 50 Power Businesswomen 2015". Forbes Asia. Retrieved 6 March 2020.
  9. ^ Scott, Mary (6 April 2016). "Asia's 50 Power Businesswomen 2016". Forbes Asia. Retrieved 6 March 2020.
  10. ^ Giles, Oliver (1 April 2019). "Rosewood Hong Kong: How Sonia Cheng Is Bringing Ultra-Luxury Hospitality Home". Hong Kong Tatler. Retrieved 6 March 2020.
  11. ^ a b Handley, Lucy (5 July 2019). "Sonia Cheng: The Rosewood CEO on her family and her Hong Kong hotel". CNBC. Retrieved 6 March 2020.
  12. ^ "Sonia Cheng & Adrian Cheng, the young billionaire siblings behind the empire that includes 'Rosewood Hotels'". CPP LUXURY. Retrieved 11 March 2020.
  13. ^ "Ms. Cheng Chi-Man, Sonia - Executive Director | New World Development Company Limited". www.nwd.com.hk. Retrieved 2022-03-27.
  14. ^ Block, Fang (10 December 2018). "20 Minutes With: Rosewood Hotel CEO Sonia Cheng". Penta | Barron's. Retrieved 6 March 2020.
  15. ^ a b Gluckman, Ron (26 July 2017). "Next Tycoon: Hong Kong's Sonia Cheng Opens New World Hotels For The Family Empire". Forbes. Retrieved 6 March 2020.
  16. ^ Karmin, Craig (21 October 2014). "A Millennial Runs the Show at Rosewood Hotel Group". The Wall Street Journal. Retrieved 6 March 2020.
  17. ^ "Rosewood unveils plans for Ningbo, China, property in 2024". Breaking Travel News. Retrieved 11 March 2020.
  18. ^ "Share buyback on cards as CTF profit rises 11pc". The Standard(Hong Kong). Retrieved 10 October 2022.
  19. ^ "NWCL | Directors and Management". New World China Land. Retrieved 3 March 2020.
  20. ^ "Leadership | Group | Chow Tai Fook Jewellery Group". Chow Tai Fook Jewellery Group. Retrieved 11 March 2020.
  21. ^ "CUHK > Advisory Boards and Committees > Advisory Committee on Hotel and Tourism Management". The Chinese University of Hong Kong. Archived from the original on 5 January 2020. Retrieved 11 March 2020.
  22. ^ "The Council > Membership". The Chinese University of Hong Kong. Retrieved 1 November 2022.
  23. ^ "CUHK > Advisory Boards and Committees > Advisory Committee on Hotel and Tourism Management". The Chinese University of Hong Kong. Archived from the original on 5 January 2020. Retrieved 11 March 2020.
  24. ^ "The Hong Kong Polytechnic University School of Hotel and Tourism Management Membership List of School Advisory Committee" (PDF). Retrieved 11 March 2020.
  25. ^ Mix, Pulse (2022-08-01). "Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality". Pulse Nigeria. Retrieved 2022-08-03.
  26. ^ "The Bloomberg 50: The People Who Defined Global Business in 2018". Bloomberg Businessweek. 2018. Retrieved 5 March 2020.
  27. ^ "40 Under 40". Fortune. 2018. Retrieved March 3, 2020.
  28. ^ "100 Most Creative People in Business 2018". Fast Company. 2018. Retrieved 6 March 2020.
  29. ^ a b "Rosewood Hotel Group Chief Executive Officer Sonia Cheng Recognized On Bloomberg Businessweek's 2018 Bloomberg 50 List". Markets Insider. 6 December 2018. Retrieved 6 March 2020.
  30. ^ "The Power List". Gafencu. November 29, 2019. Retrieved 5 March 2020.
  31. ^ "40 Under 40 2016". Prestige. 15 July 2016. Retrieved 5 March 2020.
  32. ^ Scott, Mary (25 February 2015). "Asia's 50 Power Businesswomen 2015". Forbes Asia. Retrieved 6 March 2020.
  33. ^ Scott, Mary (6 April 2016). "Asia's 50 Power Businesswomen 2016". Forbes Asia. Retrieved 6 March 2020.
  34. ^ "Rosewood's Sonia Cheng and Husband Paulo Pong Kin-Yee Share An Interest In Business". Forbes. 26 July 2017. Retrieved 11 March 2020.