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Leung Cheuk Wai appointed as Jockey Club director in charge of charity, annual salary is expected to rise by more than 9 million, higher than the principal of Hong Kong University Zhang Xiang

2021-11-21T13:34:12.859Z

Leung Cheuk Wai, Dean of the Faculty of Medicine of the University of Hong Kong, announced today (21) that he has resigned and will join the Jockey Club as the "Executive Director of Charity and Community Affairs" on July 18 next year. From the length of a hospital to the runway to become the nine directors of the Jockey Club



Leung Cheuk Wai, Dean of the Faculty of Medicine of the University of Hong Kong, announced today (21) that he has resigned and will join the Jockey Club as the "Executive Director of Charity and Community Affairs" on July 18 next year.

From the head of a hospital to one of the nine directors of the Jockey Club, will the salary rise or fall?


Looking at the 2020 annual report of the University of Hong Kong, among the high-paid faculty members, the highest salaries are about 7.8 million to 7.95 million yuan. It is reported that this person is not the principal Zhang Xiang.

The 11 highest-paid executives of the Jockey Club have annual salaries ranging from 5 million to 42 million yuan. Excluding the lowest and highest two, the remaining 80% salary ranges from 9 million to 17 million yuan, that is, his annual salary after joining the club is the least. 9 million yuan, or even more than 10 million yuan, must be higher than Zhang Xiang.

However, for Liang Zhuowei, who wants to deal with the ultimate challenge of the "rich-poor pandemic," the salary is not an important reason for him to turn to the runway.


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The Jockey Club announced today that Leung Zhuowei will join the Jockey Club next year as the "Executive Director of Charity and Community Affairs" and will also become a member of the Jockey Club Management Committee, reporting directly to the Jockey Club Chief Executive Ying Jiabai.

At that time, Leung Cheuk Wai will be responsible for the development and implementation of charity strategies and policies to ensure that the funding application, allocation and application of the Jockey Club Charitable Trust Fund can be used appropriately.

The high-paid king of the University of Hong Kong has an annual salary of only 8 million

In the 2020 annual report of the University of Hong Kong, among the high-paying staff of the university, according to the lowest level of costs and benefits, each person is about 1.8 million to 1.95 million. In 2020, a total of 165 staff will receive relevant levels of salary.

Among the highest paid faculty members of the University of Hong Kong, about 20 have an annual salary (salary and benefits) of more than 5 million yuan.

In 2019, the highest salary will be 7.95 million to 8.1 million yuan. By 2020, the highest annual salary will be slightly reduced to 7.8 million to 7.95 million yuan.

It is understood that the "king of high salaries" of the University of Hong Kong has never been the principal Zhang Xiang or other principals who live in the school. Some refer to the clinical professors of medical schools with many private illnesses or non-clinical faculty who serve as directors of their superior companies.

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The Jockey Club’s 2021 annual report shows that the salary of the 11 members of the management committee (basic remuneration, performance-linked remuneration and retirement benefits) will reach 2 million to 3 million yuan for one person with the lowest salary in 2020; and in 2021 In 2015, the annual salary of the lowest-paid members has jumped from 5 million to 6 million yuan.

Among the 11 members of the management committee, only two will have a salary of less than 8 million yuan in 2020, that is, between 2 million and 8 million yuan, and it will be reduced to one in 2021, which is between 5 and 6 million yuan.

In 2020, nine members of the management committee will have an annual salary of about 9 million to 31 million yuan. In 2021, the highest annual salary will reach about 41 million to 42 million yuan. It is expected that the chief executive will be Ying Jiabai, and the rest The nine people ranged from 9 million to 17 million yuan.

The annual salary of each member of the Jockey Club Management Committee is 5 million to 42 million yuan.

(Screenshot of Jockey Club webpage)

The Jockey Club Charitable Trust Fund plays an important role

The Executive Director of Charity and Community Affairs of the Jockey Club has always been in charge of the Jockey Club’s "Big Water Pipe" and supervised the Jockey Club Charity Trust Fund’s donation projects, covering ten areas, including arts, culture and conservation, education and training, elderly services, poverty alleviation, environmental protection, For family services, medical and health care, rehabilitation services, sports and recreation, and youth development, in 2020/21, approved donations totaling HK$4.5 billion have been approved to support 528 charity and community projects.

The fund is ranked among the top ten charitable donor organizations in the world. The Jockey Club donates about 90% of its after-tax operating surplus to charitable trust funds every year. It is called a "government cash machine" and a "government small treasury." Therefore, the supervisor is very important. It is expected that Liang Zhuowei's annual salary will not be too low. If it starts at 9 million yuan, it will be significantly higher than that of Hong Kong University President Zhang Xiang.

In the face of adversity, the Jockey Club has taken steps to help the disadvantaged groups and the government.

In 2003, the SARS epidemic raged, and the Jockey Club allocated 500 million yuan to set up a health protection center. In 2020, at the beginning of the outbreak of the new coronavirus epidemic, the Jockey Club will donate anti-epidemic care packages, accelerate the approval of funding applications submitted by front-line agencies, and support recipients. People from all walks of life affected by the epidemic, including students, first-time job seekers, the elderly, and those in need of food assistance, have responded to the needs of all sectors of society. As of the middle of this year, the fund has approved donations of 1.5 billion yuan to support a number of projects in response to the epidemic.

Last year he said that he would return to officialdom as "very unlikely"

Liang Zhuowei joined Hot Kitchen in 2008 as the deputy director of the Food and Health Bureau, and in 2011 he became the director of the Chief Executive's Office.

In 2012, he returned to the University of Hong Kong as the dean of the Department of Social Medicine and was promoted to the Dean of the Faculty of Medicine in 2013.

The Jockey Club publication "Life in the Steps" published in July last year Liang Zhuowei's interview with his former colleague and Executive Director of Corporate Affairs Tan Zhiyuan of the Jockey Club.

The report mentioned that he became the youngest dean of the University of Hong Kong Hospital in 100 years at the age of 40. When asked whether he would return to officialdom, he said "the possibility is extremely low", but he said at the time: "To be honest, (Official career) is happy, but very hard."

Some friends think that Hong Kong is sick. It is better to heal the society than to heal the sick. But I dare not climb up to Mr. Sun Yat-sen, the first student of our medical school.

He can "go to medicine" to treat the country, but I am "Chinese medicine" and "go to medicine" (Editor's note: "Go to medicine to treat the country, Chinese medicine to treat people, and go to medicine to treat diseases").

Liang Zhuowei (Interview published in "Junbu Life")

Leung Cheuk Wai resigned as the Dean of the Faculty of Medicine of the University of Hong Kong Shen Zuyao on the list

Source: hk1

All news articles on 2021-11-21

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