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AMTD Digital Inc. announced a change in its fiscal year end from April 30 to October 31, aligning it with the fiscal year end of its controlling shareholder, AMTD Group Inc. The change is effective immediately.
AMTD Group Inc. announced the adoption of a unique CEO rotation system, where CEOs of operating companies will be appointed by the Executive Management Committee on a rotational basis. This approach aims to foster shared leadership, diversity, and continuous grooming of next-level leaders. The rotating CEOs every six months will bring different perspectives, values, and enhance decision-making processes, aligning with the company's mission of shared values and sustainable interest.
AMTD Digital Inc. reported solid financial performance for the six months ended October 31, 2023, despite global economic challenges. The company generated revenue of US$8.7 million, with significant gains from fair value assets and other income. Board members expressed cautious optimism for future growth.
AMTD Group Inc. announced the adoption of a rotating CEO system for its operating companies and subsidiaries, including AMTD IDEA and AMTD Digital. This innovative approach aims to promote shared leadership, diversity, and continuous leadership development within the organization. The program will rotate CEOs every six months, fostering collective wisdom and ensuring the long-term interests of AMTD. The independent chairman of AMTD IDEA, Dr. Feridun Hamdullahpur, expressed confidence in the program's ability to drive sustainability and growth for the group.