Up the ranks: Fanny Lau steps up as GM, HR at New World Development

Up the ranks: Fanny Lau steps up as GM, HR at New World Development


In her new role, Lau takes care of group-level initiatives across different business units within New World Group.

Hong Kong-based leading conglomerate New World Development Company Limited has promoted Fanny Lau (pictured above) as General Manager – Human Resources, effective July 2023.

In her new role, Lau takes care of different group-level initiatives and implements these across the various business units within New World Group, including culture propagation, HR transformation, and talent development & management.

Additionally, she will also manage HRBP, talent acquisition, reward management, learning & development, culture and HR transformation teams on top of the above-mentioned group initiatives.

She reports to Jenny Chiu, Executive Director and Senior Director – Human Resources, New World Development.

With more than a decade of HR experience across Asia, Lau joined New World Development in April 2020 as Senior Manager Human Resources, and took up her most recent role as Assistant General Manager - Human Resources cum Head of Learning & Development in Jan 2022.

Speaking to HRO, Lau shares that in her role, talent development is always the first priority. "Human capital is always our important asset. Our senior management is very supportive of our talent development initiatives including leaders' development, HiPo Programme, and youth development," she stresses. "We support our colleagues on their upward mobility and we groom our future leaders for succession planning."

Speaking about the talent concerns currently being faced in Hong Kong, Lau believes compensation and benefit is no longer the sole factor nor the most important factor in talent acquisition and retention, especially for the new generation. "They care about the company’s purpose and vision, and they care about what kind of values they can create," she explains.

"At New World, we have a strong vision of 'creating shared value' and building 'Sustainability Vision 2030'. We believe this is important for us to attract and retain candidates and employees who share the same values with us."

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