7 June 2023
With Yung’s exceptional expertise and strategic prowess, the luxury hospitality brand is poised to ignite a dynamic growth strategy and redefine the industry landscape.
In a major development for the Rosewood Hotel Group, Kevin Yung has been named as the Chief Financial Officer, bringing with him an illustrious career spanning over 25 years in the financial sector. The announcement was made today, marking a significant milestone for the renowned hospitality brand.
Yung’s appointment comes after his successful tenure as the Managing Partner of Rosewood Capital Ventures, where he played a pivotal role in steering the company’s investment strategies and providing strategic guidance to Rosewood Hotel Group. With his profound knowledge of the financial industry and deep understanding of the Rosewood ecosystem of brands, Yung is well-equipped to take on this new responsibility.
As the Chief Financial Officer, Yung will assume the crucial task of overseeing the financial operations of Rosewood Hotel Group’s global brands. Remarkably, he will also continue in his role as the Managing Partner of Rosewood Capital Ventures, enabling him to leverage the synergies between the two organizations and foster unified leadership across the board.
Before joining Rosewood, Yung held several high-ranking positions in finance and investment. Notably, he served as the Chief Executive Officer of Chow Tai Fook Education Group (CTFEG) in Hong Kong, where he spearheaded the Group’s day-to-day management, crafted its overall strategy, expanded its infrastructure, and facilitated the acquisition of two prominent education companies. Yung’s prior experience also includes nearly a decade in Beijing, where he excelled as a senior executive in finance and investment, working with notable real estate funds and financial institutions. He kickstarted his career in New York, gaining valuable experience in the principal investment sector at Morgan Stanley and Citigroup.
Yung’s contributions extend beyond the financial realm, as he has served on the Board of Directors for diverse businesses and institutions. Presently, he holds board positions at Noah Education Holdings Ltd., a leading kindergarten schooling operator; Happiest Baby, a technology company dedicated to parental solutions; and Shih Hsin University, a prestigious private university in Taipei. This diverse background showcases Yung’s extensive expertise in finance, operations, education, technology, and retail, making him an ideal leader to guide Rosewood Hotel Group’s finance team toward continued global success.
The appointment of Kevin Yung as Chief Financial Officer signifies Rosewood Hotel Group’s commitment to securing top-tier talent and leveraging their expertise to drive the company’s financial strategies. With Yung’s exceptional track record and visionary leadership, the future looks promising for the luxury hospitality brand as it embarks on a new era of growth and innovation.