Chief Executive Donald Tsang has appointed Jack So Trade Development Council Chairman for two years to succeed Peter Woo from October 1.

Mr So is highly regarded by the local and international business sectors and has an excellent record of trade promotion and public service, serving as TDC Executive Director from 1985 to 1992 and most recently as the Film Development Council chairman.

"At a time when Hong Kong needs to respond swiftly to our country's rapid economic growth and changes in global business, I am confident that Mr So, with his wealth of experience in marketing Hong Kong around the world, is exceedingly well equipped to lead the TDC in the demanding task in the next two years," Mr Tsang said.

He thanked Mr Woo for his seven years of distinguished and dedicated service.