Cyberport's CEO Peter Yan to depart after 5 years

Hong Kong's tech hub Cyberport’s CEO Peter Yan (pictured) is reportedly stepping down from his role in April 2024. According to SCMP, Yan will end his term in April next year and has decided not to renew his contract.

Meanwhile, the tech hub has launched a global search for Yan's successor, a check by MARKETING-INTERACTIVE saw. 

According to a job advertisement posted on CPjobs on 21 October, Cyberport is seeking a new CEO. The position requires applicants to have at least 15 years of managerial experience in a sizable organisation in the private or public sector, including senior management positions with strategic planning responsibility and accountability of the overall business. 

MARKETING-INTERACTIVE has reached out to Cyberport for a statement.

Yan has been Cyberport's chief for over five years, according to his LinkedIn. Prior to joining Cyberport, Yan was the executive director and CEO of Sunevision, the technology arm of Sun Hung Kai Properties. 

Don't miss: Cyberport reveals stolen data of staff and job applicants appear on dark web

In fact, Yan's departure comes after Cyberport revealed stolen data of staff and job applicants appeared on dark web in September. On 6 September, Cyberport was aware that some information available on the dark web could potentially be related to the incident and it contacted persons who may have been affected.

A week later on 12 September, Cyberport released another statement confirming that the personal data of existing staff, ex-employees and job applicants from Cyberport, including their names, contact details, human resources-related data and a small number of credit card records, were released on the dark web.

When asked whether anyone needed to be held accountable for the data leakage incident, Yan said that he understood the incident from different aspects. If serious human errors were found, he would handle it according to procedures.

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