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NWD Executive Director Echo Huang Said to Succeed Eric Ma as CEO
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Trading in the shares of NEW WORLD DEV (00017.HK) has been suspended midway today (29th). NWD may announce the change of the management in the afternoon, according to Bloomberg, citing people with the knowledge of the matter.

Under the change, Eric Ma, the CEO of NWD who has just been in office for two months, is reportedly expected to leave the post, and will be succeeded by Echo Huang, the Executive Director of NWD and the CEO of New World China Land Limited.

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Huang jointed the group as the deputy chief executive officer of New World China Land Limited in October 2015 and promoted to Director & Chief Executive Officer of New World China Land Limited in February 2020. In May 2020, she was appointed as an Executive Director of NWD.

According to official website, she has over 20 years of experience in the real estate sector, having served in a consulting capacity for large-scale urban infrastructures, urban planning and urban renewal in Mainland China for extensive periods, providing the Mainland Government with professional recommendations on property development, urban planning and relevant professional advice.
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