Exit the Prince, enter Mr Ma

Off the back of what it termed satisfactory results, PCCW announces a change in its CFO.

In a sign that the PCCW HKT integration has entered a new stage, CFO David Prince has announced he will return to his family in the UK, and be replaced by Frederick Ma.

PCCW's press release on the subject is typical of such press releases, although is striking in one respect. Ma is referred to as a Hong Kong native, a fact that seems somewhat superfluous given PCCW's avowed intention to be an international company, as opposed to simply a parochial Hong Kong one. By the same token, Prince was the longserving CFO of Cable Wireless HKT, which, for the record, was a British company, prior to being taken over...

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