UK $12.5 Billion Asia-Focused Investment Conglomerate Jardine Matheson Hires $55 Billion Private Equity Firm PAG Partner & Co-Head of Private Equity Lincoln Pan as CEO (1/12/25) Succeeding John Witt Who is Retiring, Lincoln Pan Has More than 24 Years of Investment, Executive & Board Director Experience and was CEO Greater China at Willis Tower Watson, Executive Director at GE Commercial Finance & 5 Years at Consulting Firm Mckinsey, Jardine Matheson Founded in 1832 in China by William Jardine & James Matheson, Jardine Matheson Companies & Porfolio Include Jardine Cycle & Carriage, Jardine Pacific, Mandarin Oriental, Astra, DFI Retail Group (Guardian, Mannings, 7-Eleven, Cold Storage, Wellcome, Giant, IKEA), Hongkong Land & Zhongsheng Group, Current Market Value at $12.5 Billion, Share Price +9.3% YTD, +21.6% Last 12 Months & +13.5% Last 5 Years
29th May 2025 | Hong Kong
UK Asia-focused investment conglomerate Jardine Matheson ($12.5 billion market value) has hired $55 billion private equity firm PAG Partner & Co-Head of Private Equity Lincoln Pan as CEO (1/12/25), succeeding John Witt who is retiring. Lincoln Pan has more than 24 years of investment, executive & Board Director experience, and was CEO Greater China at Willis Tower Watson, Executive Director at GE Commercial Finance & 5 years at consulting firm Mckinsey. Jardine Matheson was founded in 1832 in China by William Jardine & James Matheson. Jardine Matheson companies & porfolio include Jardine Cycle & Carriage, Jardine Pacific, Mandarin Oriental, Astra, DFI Retail Group (Guardian, Mannings, 7-Eleven, Cold Storage, Wellcome, Giant, IKEA), Hongkong Land & Zhongsheng Group. Profile – Lincoln Pan is a partner and Co-Head of Private Equity at PAG, responsible for supervising the operations and management of PAG’s Private Equity strategy. Prior to joining the firm, Mr. Pan was the Head of Greater China at Willis Towers Watson. He served in senior roles at Advantage Partners and GE Commercial Finance before that. Mr. Pan received his bachelor’s degrees in history and English, Magna Cum Laude, from Williams College, and his Juris Doctor degree from Harvard Law School. Jardine Matheson – Jardine Matheson is a diversified, Asia-focused investment company. Founded in China in 1832, Jardines’ long-term success has been driven by our adaptability and resilience. Our aim is to deliver superior, long-term returns for Jardines’ shareholders from a portfolio of market-leading businesses, each of which is strategically positioned to capture growth opportunities driven by themes such as urbanisation and the expanding middle-income population across Asia. Jardine Matheson Holdings Limited is incorporated in Bermuda and has a primary listing in the equity shares (transition) category of the London Stock Exchange, with secondary listings in Bermuda and Singapore
“ UK $12.5 Billion Asia-Focused Investment Conglomerate Jardine Matheson Hires $55 Billion Private Equity Firm PAG Partner & Co-Head of Private Equity Lincoln Pan as CEO (1/12/25) Succeeding John Witt Who is Retiring, Lincoln Pan Has More than 24 Years of Investment, Executive & Board Director Experience and was CEO Greater China at Willis Tower Watson, Executive Director at GE Commercial Finance & 5 Years at Consulting Firm Mckinsey, Jardine Matheson Founded in 1832 in China by William Jardine & James Matheson, Jardine Matheson Companies & Porfolio Include Jardine Cycle & Carriage, Jardine Pacific, Mandarin Oriental, Astra, DFI Retail Group (Guardian, Mannings, 7-Eleven, Cold Storage, Wellcome, Giant, IKEA), Hongkong Land & Zhongsheng Group, Current Market Value at $12.5 Billion, Share Price +9.3% YTD, +21.6% Last 12 Months & +13.5% Last 5 Years “
UK $12.5 Billion Asia-Focused Investment Conglomerate Jardine Matheson Hires $55 Billion Private Equity Firm PAG Partner & Co-Head of Private Equity Lincoln Pan as CEO (1/12/25) Succeeding John Witt Who is Retiring, Lincoln Pan Has More than 24 Years of Investment, Executive & Board Director Experience and was CEO Greater China at Willis Tower Watson, Executive Director at GE Commercial Finance & 5 Years at Consulting Firm Mckinsey, Jardine Matheson Founded in 1832 in China by William Jardine & James Matheson, Jardine Matheson Companies & Porfolio Include Jardine Cycle & Carriage, Jardine Pacific, Mandarin Oriental, Astra, DFI Retail Group (Guardian, Mannings, 7-Eleven, Cold Storage, Wellcome, Giant, IKEA), Hongkong Land & Zhongsheng Group, Current Market Value at $12.5 Billion, Share Price +9.3% YTD, +21.6% Last 12 Months & +13.5% Last 5 Years

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