Chan Heng Fai

MR. Chan Heng Fai is the Executive Chairman, Executive Director and Group Chief Executive Officer.

A banking and finance expert with years of experience, Mr. Chan Heng Fai has restructured over 35 companies in various industries and countries in the past 40 years.​

He was the former Managing Chairman and Executive Director of Hong Kong Exchange (“SEHK”)-listed Heng Fai Enterprises Limited (now known as Zensun Enterprises Limited), where he had served from 1992 to 2015. Under his directorship, Mr. Chan Heng Fai grew the company’s net asset value from HK$40 million in 1994 to about HK$750 million in 2015, when he ceded controlling interest.

Mr. Chan Heng Fai was also the Managing Director of SingHaiyi Group Ltd. Under his leadership, the SGX-ST Catalist-listed company transformed from a fit-out and furnishing business with a net asset value of less than S$10 million into a property investment and development company with a net asset value of more than S$150 million when Mr. Chan Heng Fai ceded controlling interest in late 2012.

He has previously served as Executive Chairman of China Gas Holdings Limited, a failing SEHK-listed fashion retail company, which he restructured to become an industry leader in the investment and operation of China’s city gas pipeline infrastructure.

Mr. Chan Heng Fai was previously also a Non-Executive Director of Australian Securities Exchange (“ASX”)-listed bio-technology company, Holista CollTech Limited, a director of Perth-based Skywest Ltd, an ASX-listed airline company; as well as a Director of Global Med Technologies, Inc., a NASDAQ-listed medical company engaged in the development and marketing of information management software products for healthcare-related facilities.

In 1987, Mr. Chan Heng Fai acquired American Pacific Bank, a U.S. full-service commercial bank, and brought it out of bankruptcy. In his role as Chairman and Director, he re-capitalised, refocused and grew the bank’s operations. Under his guidance, it became a NASDAQ-listed high asset quality bank with zero loan losses for five consecutive years before it was ultimately bought and merged into Riverview Bancorp Inc. Prior to its acquisition and merger, it was ranked #13 by the Seattle Times “Annual Northwest’s Top 100 Public Companies” and #6 in Oregon, U.S., ahead of leading brands such as Nike, Microsoft, Costco, AT&T Wireless and Amazon.com.