Antony Leung will leave his post as chairman for greater China at alternative investment giant Blackstone Group to become group CEO of Hong Kong-based property and construction company Nan Fung Group, according to a joint news release Tuesday.
The group CEO role is a new one at Nan Fung Group. He will join the firm in February.
Until then, he will remain in his current role at Blackstone, said a spokeswoman in an e-mail. Blackstone will not replace him as chairman for greater China, the spokeswoman added.
According to the news release, Mr. Leung will retain a role at Blackstone as a senior adviser to the company as well as a member of its international advisory board.