【Family Office】Wealth Succession Academy Appoints 4 Family Successors - Which Partner is Cheng Zhi-gang Collaborating With?

Hong Kong Wealth Transfer Institute (HKAWL), under the Financial Development Council, appointed four local prominent business third-generation and second-generation members last Tuesday (17th). Among them, Wong Wing-Kwong and Pak Man Chun serve as Vice Chairmen; Chiu Wing-Kwan and Chan Wai-Yan are newly appointed directors. The four are leaders in real estate, education, hospitality, and investment sectors. Their expertise will further enhance the institute’s ability to guide global families in establishing sustainable and impactful inheritance strategies.

Family Backgrounds and Professional Focus of Members

Members of the Hong Kong Wealth Transfer Institute all come from renowned Hong Kong business dynasties, with deep family legacy experience and international perspectives:

Chairman: Adrian Cheng

• Background: Grandson of Cheng Yu-tung, founder of New World Development, one of Hong Kong’s four major property developers, known as “Uncle Tung”

• Influence: Founded K11 brand, promoted the development model of “Cultural Commerce”; recently actively promotes arts and culture, currently Chairman of the Cultural and Arts Events Committee

• Contribution to the Institute: In March 2025, as Chairman, witnessed the signing of a Memorandum of Understanding between the Institute and the Emirates Family Office Association (EFOA), establishing an important bridge for dialogue and cooperation between Greater China and UAE family offices.

  		▲ Hong Kong Wealth Transfer Institute Chairman Adrian Cheng (second from right) with Fahad Al Gergawi (second from left), Board Member of the Emirates Family Office Association, and Adam Ladjadj (first from left), Founder and Chairman of EFOA
  

Vice Chairman: Wong Wing-Kwong

• Background: Grandson of the founder of Sino Group, one of Hong Kong’s major property developers, Wong Tze-fan; currently Chairman of Sino Group
• Influence: Long-term advocate of sustainable development and construction technology, integrating green principles into core business
• Contribution to the Institute: Provides insights on how global families plan inheritance and create tangible social and environmental benefits

Vice Chairman: Pak Man Chun

• Background: Grandson of shipping magnate Pak Yiu-Kong, co-founder of Pak Yiu-Kong Experimental School
• Influence: Rich experience in education and family philanthropy
• Contribution to the Institute: Assists families in translating family values into actionable initiatives, promoting responsible management and inheritance across generations

Director: Chiu Wing-Kwan

• Background: Granddaughter of Chiu Tak-keun, founder of Far East Consortium; current Chairwoman of Dorsett Hospitality International
• Influence: Skilled in establishing world-class service experiences; passionate about arts, youth, and education
• Contribution to the Institute: Offers important insights on how modern families incorporate lifestyle and cultural arts into inheritance planning

Director: Chan Wai-Yan

• Background: Granddaughter of “New Territories Godfather” Chan Rit-sun, founder of Chartwell Capital

• Influence: Maintains close relationships with many prominent families and entrepreneurs in Hong Kong; seasoned investment strategist

• Contribution to the Institute: Provides professional market insights on long-term wealth preservation and appreciation

  		▲ 【Family Office】 Wealth Transfer Institute appoints four family members—Who is Chairman Adrian Cheng partnering with?
  

The Hong Kong Wealth Transfer Institute is dedicated to promoting industry exchange, knowledge sharing, and talent training among family offices. Chairman Adrian Cheng stated that with the addition of these four members to the board, the institute will further deepen and expand its work, assisting families in developing strategic inheritance plans. This move will help solidify Hong Kong’s position as a top global family office hub and create shared value for society.

			▲ Appointed Vice Chairmen Pak Man Chun (left) and Wong Wing-Kwong (right), with Chairman Adrian Cheng (second from right) and council member and Deputy Secretary for Financial Services and the Treasury, Chan Ho-lin (second from left).

Over 20 Events in Two Years, Engaging 3,100 Family Owners

In the past two years, the institute has conducted over 20 in-depth training events, gathering more than 3,100 global family asset owners and next-generation leaders. It has also actively advanced several strategic initiatives, including launching the Impact Link (iLink) online platform to connect philanthropists and family offices with impactful charitable projects, and forming strategic partnerships with top international organizations such as the Prince Albert II of Monaco Foundation. These efforts have reinforced its role as a “super connector” for global families.