Mr Cheng has over twenty five years of experience in private equity, investment management, and consumer retail business. He is currently CEO of Fung Capital Asia Investments Limited under the Fung Group (The Fung Group is a multinational group of companies whose core businesses are sourcing, logistics, distribution and retailing. www.funggroup.com) and the Executive Vice Chairman of Fung Fashion Limited, a brand management and consumer retail company. He has served on many listed and private companies' boards of directors and is currently also a director of Furla Hong Kong Retail Limited, a ladies accessories company; and a director of KTF Holdings Limited, which invests in the business of textile and apparel sourcing, distribution and brand management in Japan and China.
He started his career at Prudential Insurance Company of America in 1993 and later held the post of an Assistant Director at Prudential Asset Management Asia Hong Kong Limited until 1998. He was a Director at EM Warburg, Pincus & Co, Asia, Limited between 1998 and 2001 and also the Vice President at Investor Asia Limited between 2002 and 2003. He joined the Fung Group in 2004. He holds a Bachelor of Arts degree in Philosophy from Queen’s University in Canada.