Sonia 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 Rosewood Hotel Group and the executive director of the New World Development. [1] She is also the vice-chairman of Chow Tai Fook Jewellery Group.[2] She was also appointed as an independent non-executive director of The Hongkong and Shanghai Banking Corporation[3] and a director of Primavera Capital Acquisition Corporation.[4] She is the daughter of Hong Kong property developer Henry Cheng and granddaughter of real estate and jewelry billionaire Cheng Yu-tung.

Sonia Cheng
Chinese: 鄭志雯
Born1980 (age 4243)
Alma materHarvard University
OccupationBusinesswoman
Known forCEO of Rosewood Hotel Group
SpousePaulo Pong
Children4
Parent

Early life and education

Cheng was born in 1980. She is the second child of Henry Cheng.[5] The executive Adrian Cheng is her brother.[6][7] She studied at St. Pauls’ Co-educational College in Hong Kong and Taft School in the United States. She holds a Bachelor of Arts from Harvard University.[8][9][10]

Career

Cheng joined Morgan Stanley and Warburg Pincus working in their U.S. and Hong Kong offices.[6][11] In 2008, she joined New World Group and became chief executive of Rosewood Hotel Group.[10]

Cheng joined Chow Tai Fook Jewellery Group in April 2019 as a non-executive director,[12] she became an executive director in April 2021 and became vice-chairman and executive director in June 2022.

Cheng holds several board positions. She is the Chairman of the advisory committee of the School of Hotel and Tourism Management at The Chinese University of Hong Kong and the The Hong Kong Polytechnic University.[13] She was also a Council Member of the Chinese University of Hong Kong.[14]

Cheng was listed on the International Hospitality Institute Global 100: 100 Most Powerful People in Global Hospitality in 2022.[15] She was on Fortune's 40 under 40 in 2018[16] Cheng was also on Asia's 50 Power Businesswomen in 2015 & 2016[17][18]

Personal life

Cheng has been involved in the New World Development and Chow Tai Fook charity projects in Hong Kong and Mainland China. She is married to Paulo Pong Kin-Yee and has four children.[19]

References

  1. "Corporate | New World Development Company Limited Official Website". New World Development Company Limited Official Website. Retrieved 3 March 2020.
  2. "Leadership | Group | Chow Tai Fook Jewellery Group". Chow Tai Fook Jewellery Group. Retrieved 11 March 2020.
  3. "Board Appointment – The Hongkong and Shanghai Banking Corporation Limited" (PDF). HSBC. 23 November 2020. Retrieved 10 October 2022.
  4. "Sonia Cheng". Bloomberg. Retrieved 10 October 2022.
  5. Giles, Oliver (1 April 2019). "Rosewood Hong Kong: How Sonia Cheng Is Bringing Ultra-Luxury Hospitality Home". Hong Kong Tatler. Retrieved 6 March 2020.
  6. Handley, Lucy (5 July 2019). "Sonia Cheng: The Rosewood CEO on her family and her Hong Kong hotel". CNBC. Retrieved 6 March 2020.
  7. "Sonia Cheng & Adrian Cheng, the young billionaire siblings behind the empire that includes 'Rosewood Hotels'". CPP LUXURY. Retrieved 11 March 2020.
  8. "Ms. Cheng Chi-Man, Sonia - Executive Director | New World Development Company Limited". www.nwd.com.hk. Retrieved 2022-03-27.
  9. Block, Fang (10 December 2018). "20 Minutes With: Rosewood Hotel CEO Sonia Cheng". Penta | Barron's. Retrieved 6 March 2020.
  10. 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.
  11. Karmin, Craig (21 October 2014). "A Millennial Runs the Show at Rosewood Hotel Group". The Wall Street Journal. Retrieved 6 March 2020.
  12. "Share buyback on cards as CTF profit rises 11pc". The Standard(Hong Kong). Retrieved 10 October 2022.
  13. "The Hong Kong Polytechnic University School of Hotel and Tourism Management Membership List of School Advisory Committee" (PDF). Retrieved 11 March 2020.
  14. "The Council > Membership". The Chinese University of Hong Kong. Retrieved 1 November 2022.
  15. 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.
  16. "40 Under 40". Fortune. 2018. Retrieved March 3, 2020.
  17. Scott, Mary (25 February 2015). "Asia's 50 Power Businesswomen 2015". Forbes Asia. Retrieved 6 March 2020.
  18. Scott, Mary (6 April 2016). "Asia's 50 Power Businesswomen 2016". Forbes Asia. Retrieved 6 March 2020.
  19. "Rosewood's Sonia Cheng and Husband Paulo Pong Kin-Yee Share An Interest In Business". Forbes. 26 July 2017. Retrieved 11 March 2020.
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