Mr. Li has has been an Executive Director of the Company since 1992. He holds a B.Sc. degree from Babson College and an M.B.A. degree from the University of Southern California. Mr. Li is also a director of Hong Kong Ferry (Holdings) Company Limited and Glencore International plc, both of which are listed companies. He previously served as an executive director of Henderson Investment Limited, a listed company, until his retirement on 1 June 2010. He is the son-in-law of Dr. Lee Shau Kee, the spouse of Ms. Lee Pui Man, Margaret and the brother-in-law of Mr. Lee Ka Kit and Mr. Lee Ka Shing.