Keeping it in the family

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Daisy Ho Chiu Fung has been appointed Executive Director of Sociedade de Jogos de Macau (SJM) effective June 13, 2017, according to a filing of the company with the Hong Kong Stock Exchange yesterday.
As suggested in previous filings of the company, Ms. Ho replaces Dr. Rui José Cunha, who ceased to act as Executive Director of the company upon his retirement from the board the same day Ms. Ho stepped in.
The filing noted that Dr. Cunha ‘did not seek re-election for the reason of change of his responsibility focus as a result of business growth and diversification of the company and its subsidiaries.’
Ms. Ho, aged 52, is one of the daughters of casino tycoon Stanley Ho with his second wife, Lucina.