Ho Iat Seng (pictured), is a businessman and former president of Macau’s Legislative Assembly, became on Sunday the third individual to be selected for the top leadership role in the city since its handover from Portuguese administration in 1999.
He will be the senior local official handling the anticipated retender process for Macau casino gambling rights. The current six licenses expire in 2022.
Mr Ho’s endorsement as Macau chief executive-elect came on Sunday via a committee of 400 people and received 98 percent of the committee’s votes. He will take office on December 20, when the current Chief Executive, Fernando Chui Sai On, steps down. And will be entitled to serve a five-year term, with the possibility of standing for a single additional five-year stint at the completion of the first term.
Mr Ho Iat Seng also has no direct links with the city’s dominant casino industry.
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