HONG KONG--(BUSINESS WIRE)--RICS (Royal Institution of Chartered Surveyors) has announced the appointment of Mr Clement LAU FRICS as the new chair of its Hong Kong board. He will serve a two-year term, effective 1 September 2016. Mr Lau previous served as vice chair of RICS Hong Kong Board.
Mr LAU is the Head of Development and Valuations of Commercial Property Group for Hongkong Land, a leading property investment, management and development group. He leads commercial property developments and investments and oversees valuations of the company’s commercial portfolio, and the performance of its hotel properties. Mr LAU previously worked for the Lands Department of the Hong Kong SAR Government and Airport Authority Hong Kong.
As Chair, Mr LAU will lead the Hong Kong Board by supporting the adoption of RICS qualification and professional standards, promoting diversity of the profession and attract the best future talents as well as collaborating with Hong Kong government and public bodies to establish RICS as the leading voice in issues that concern our profession.
“It is an honour to be the chair of the Hong Kong board,” said new RICS Hong Kong Board Chair Mr Clement LAU FRICS. “We live in an increasingly globalised world, which requires us to open up our minds and be prepared for new opportunities. The Hong Kong Board has been committed to support the development of our property and construction markets. Contribution from all Chartered Surveyors is also crucial in order to achieve these. I encourage all members to shoulder their support to RICS.”
Mr LAU holds a bachelor’s degree in building from The University of New South Wales (UNSW) and a Masters of Business Administration from The Chinese University of Hong Kong (CUHK). He is a Member of the Hong Kong Institute of Surveyors (HKIS) and the Hong Kong Business Valuation Forum (HKBVF). He also serves as a director of the UNSW Hong Kong Foundation Board and a member of the advisory committee of the Urban Studies Programme under the Faculty of Social Science, CUHK.
The RICS Hong Kong Board also welcomes three new board members on 1 September 2016. They are Mr Philip CHEN, designate-director of property at The Hong Kong Jockey Club, Mr Dave HALLAM, head of business advisory for Hong Kong and Macau at ARCADIS, and Ms Rita WONG, international director of valuation advisory services at Jones Lang LaSalle Ltd (JLL).
Confidence through Professional Standards
RICS promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure. Our name promises the consistent delivery of standards – bringing confidence to the markets we serve.
We accredit 118,000 professionals and any individual or firm registered with RICS is subject to our quality assurance. Their expertise covers property, asset valuation, real estate management; the development of infrastructure; and the management of natural resources, such as mining, farms and woodland. From environmental assessments and building controls to negotiating land rights in an emerging economy; if our members are involved the same professional standards and ethics apply.
We believe that standards underpin effective markets. With up to seventy per cent of the world’s wealth bound up in land and real estate, our sector is vital to economic development, helping to support stable, sustainable investment and growth around the globe.
With offices covering the major political and financial centres of the world, our market presence means we are ideally placed to influence policy and embed professional standards. We work at a cross-governmental level, delivering international standards that will support a safe and vibrant marketplace in land, real estate, construction and infrastructure, for the benefit of all.
We are proud of our reputation and work hard to protect it, so clients who work with an RICS professional can have confidence in the quality and ethics of the services they receive.
About RICS Asia
RICS Asia supports a network of over 20,000 individual professionals across the Asia region with an objective to help develop the land, property and construction markets in these countries, by introducing professional standards, best practice education and training. We promote RICS and our members as the natural advisors on all property matters. We also ensure that services and career development opportunities are provided to members.
RICS Asia region serves local member associations located in Brunei, Japan, Malaysia, Singapore, Thailand, The People’s Republic of China, Hong Kong SAR, Taiwan and South Korea. It also has members working across the region such as Bangladesh, Bhutan, Burma/Myanmar, Cambodia, Indonesia, Kiribati, Laos PDR, Macao SAR, Mongolia, Nepal, North Korea, The Maldives, The Philippines, Timor East and Vietnam. For more information, please visit: www.rics.org.