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Led by an experienced and dynamic leadership team

Our Board brings together a seasoned executive leadership team with deep knowledge of Jardines’ diverse markets and sectors, complemented by experienced independent non-executive directors who provide strong governance oversight and valuable external perspectives. Together with our management, they ensure Jardine Matheson is guided by long-term thinking, disciplined decision-making, and a commitment to sustainable value creation.

  • Ben Keswick

    Ben Keswick

    Executive Chairman

    Ben Keswick

    Ben Keswick

    Executive Chairman 
    Date of Appointment: 1 April 2007

    Ben Keswick has been Executive Chairman of Jardine Matheson since 2019. He was Managing Director from 2012 to 2020.

    He has held a number of executive positions since joining the Group in 1998, including finance director and then chief executive officer of Jardine Pacific between 2003 and 2007, and group managing director of Jardine Cycle & Carriage between 2007 to 2012. He was also chair of DFI Retail between 2013 and July 2024, Jardine Cycle & Carriage between 2012 and August 2024 and Hongkong Land between 2013 and October 2024.

    Mr Keswick is a commissioner for Astra International. He has an MBA from INSEAD

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability
  • Ben Keswick

    Lincoln Pan

    Chief Executive Officer

    Ben Keswick

    Lincoln Pan

    Chief Executive Officer
    Date of appointment: 1 December 2025

    Lincoln Pan joined the Board as Chief Executive Officer of Jardine Matheson in December 2025.

    He joined from PAG, where he was a partner and co-head of Private Equity and a member of the Group Executive Committee. He previously held the role of chief executive officer, Greater China at WTW (previously known as Willis Towers Watson), and served in executive roles at Advantage Partners and GE Capital.

    He is chair of DFI Retail, a director of Hongkong Land and a commissioner for Astra International.

    He has a Bachelor of Arts degree in History and English from Williams College and subsequently earned a Juris Doctor (J.D.) from Harvard Law School.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability
  • Ben Keswick

    Graham Baker

    Chief Financial Officer

    Ben Keswick

    Graham Baker

    Chief Financial Officer
    Date of appointment: 15 June 2020

    Graham Baker joined the Board as Chief Financial Officer in 2020. 

    He was previously an executive director and chief financial officer of Smith+Nephew in the United Kingdom from 2017 to 2020. Prior to joining Smith+Nephew, he worked for 20 years for AstraZeneca PLC in a range of senior roles in the United Kingdom and internationally, including in Japan and Singapore, and then as chief financial officer of generic pharmaceutical company Alvogen. 

    He is also a director of DFI Retail. 

    He has a Master of Arts degree in Economics from the University of Cambridge and is qualified as a Chartered Accountant and Chartered Tax Adviser.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability
  • Ben Keswick

    Janine Feng

    Independent Non-executive Director

    Member of Audit Committee 

    Ben Keswick

    Janine Feng

    Independent Non-executive Director
    Member of Audit Committee 
    Date of appointment: 5 May 2023

    Janine Feng joined the Board in 2023. She is Vice-Chair of Asia (ex-Japan) at Carlyle focusing on global portfolio solutions effort in the region.

    Prior to her current role, she was a managing director focused on Asian buyout opportunities in the financial services, consumer productions and healthcare sectors. Since joining Carlyle in 1998, she has led various investments including Carlyle Asia Partners’ investments in China Pacific Insurance, Kaiyuan Hotel Group, Haier Electronics, Focus Media, and MicroPort.

    Prior to joining Carlyle, she was a financial analyst and later a senior associate at Credit Suisse First Boston’s investment banking group in New York, where she focused on structured finance and project finance transactions for four and a half years. While at business school, she worked as a management consultant at McKinsey & Company, Inc.

    She received her MBA from Harvard Business School and her Bachelor of Arts degree in Mathematics, Computer Science and Economics from Middlebury College.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability 
  • Ben Keswick

    Stuart Gulliver

    Independent Non-executive Director

    Chair of Audit Committee 

    Ben Keswick

    Stuart Gulliver

    Independent Non-executive Director
    Chair of Audit Committee 
    Date of appointment: 1 January 2019

    Stuart Gulliver joined the Board in 2019. He was previously executive director and group chief executive of HSBC Holdings plc from 2011 until 2018 and chairman of The Hong Kong and Shanghai Banking Corporation Limited from 2011 to 2018.

    Mr Gulliver has more than 37 years’ international banking experience, having joined HSBC in 1980 and worked for the group throughout his career. Mr Gulliver is a director, member of the risk committee and a member of the nomination and remuneration committee of The Saudi Awwal Bank. He is also a director, chairman of the audit committee and a member of the sustainability, risk and HSE committee of Saudi Aramco and a member of the International Advisory Council of Hong Kong Exchanges and Clearing Limited.

    He holds a Master of Arts degree in Jurisprudence from the University of Oxford.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability 

     

  • Ben Keswick

    Keyu Jin

    Independent Non-executive Director

    Ben Keswick

    Keyu Jin

    Independent Non-executive Director
    Date of appointment: 31 January 2024

    Keyu Jin joined the Board in January 2024. She is a professor at HKUST. She is from Beijing, China.

    Dr Jin is an independent non-executive director of Compagnie Financière Richemont SA, a luxury conglomerate, AInnovation, an AI+ manufacturing solution provider and of Stanhope Capital, one of the world’s largest independent wealth management and advisory firms. She is a member of China Finance 40 and a member of the economic council for the state of Qatar. She has previously advised and consulted for the World Bank, the IMF and the New York Fed.

    She received her Bachelor of Arts degree in Economics from Harvard College and later obtained her Master of Arts degree in Economics and Doctor of Philosophy degree in Economics from Harvard University.

    • Related industry knowledge/experience
    • International business
    • Strategy & business acumen 
  • Ben Keswick

    Adam Keswick

    Executive Director

    Ben Keswick

    Adam Keswick

    Executive Director
    Date of appointment: 1 April 2007

    Adam Keswick first joined the Group in 2001 and was appointed to the Board in 2007. He was Deputy Managing Director from 2012 to 2016, and became chairman of Matheson & Co. in 2016. Mr Keswick is a director of Hongkong Land and Mandarin Oriental. He is also a director of Ferrari NV and Yabuli China Entrepreneurs Forum.

    He received his Master of Arts degree from Edinburgh University.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
  • Ben Keswick

    Ming Lu

    Independent Non-executive Director

    Ben Keswick

    Ming Lu

    Independent Non-executive Director
    Date of appointment: 24 February 2025

    Ming Lu joined the Board in February 2025. He is a Senior Advisory Partner of KKR and was previously Executive Chairman, Asia Pacific. Mr Lu currently serves as a member of the KKR Asia Private Equity Investment Committee and KKR Asia Portfolio Management Committee.

    He has played a significant role over many years in private equity investments across Asia Pacific and, since 2018, has been playing a leadership role in KKR Asia’s growth and expansion.

    Mr Lu was previously a Partner at CCMP Capital Asia (formerly J.P. Morgan Partners Asia), which he joined in 1999. Prior to that, he was President of Asia Pacific at Lucas Varity, a leading global automotive component supplier, and also worked for Kraft Foods International Inc. and CITIC, the largest direct investment firm in China.

    He received his Bachelor of Arts degree in Economics from Wuhan University of Hydroelectrical Engineering and an MBA from University of Leuven.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability 
  • Ben Keswick

    Tim Wise

    Independent Non-executive Director

    Member of Audit Committee

    Ben Keswick

    Tim Wise

    Independent Non-executive Director
    Member of Audit Committee 
    Date of appointment: 23 May 2025

    Tim Wise joined the Board in May 2025. He is a partner at Simon Robertson Associates, a leading independent advisory firm, which he joined in 2017.

    Mr Wise has played a significant role over many years in advising on a wide range of significant international corporate finance transactions. He was Chairman of J.P. Morgan Cazenove from 2011 to 2016, having previously spent many years in senior roles at the firm. Prior to joining J.P. Morgan Cazenove, Mr Wise worked in a range of senior investment banking roles at Kleinwort Benson.

    He holds a Bachelor of Arts degree in Jurisprudence from the University of Oxford.

    • Related industry knowledge/experience
    • International business
    • Executive leadership
    • Strategy & business acumen
    • Financial acumen
    • Corporate governance, risk management and/or sustainability
  • Ben Keswick

    Lincoln Pan

    Chief Executive Officer

    Ben Keswick

    Lincoln Pan

    Chief Executive Officer

    Lincoln Pan joined the Board as Chief Executive Officer of Jardine Matheson in December 2025.

    He joined from PAG, where he was a partner and co-head of Private Equity and a member of the Group Executive Committee. He previously held the role of chief executive officer, Greater China at WTW (previously known as Willis Towers Watson), and served in executive roles at Advantage Partners and GE Capital.

    He is chair of DFI Retail, a director of Hongkong Land and a commissioner for Astra International.

    He has a Bachelor of Arts degree in History and English from Williams College and subsequently earned a Juris Doctor (J.D.) from Harvard Law School

  • Ben Keswick

    Graham Baker

    Chief Financial Officer

    Ben Keswick

    Graham Baker

    Chief Financial Officer

    Graham Baker joined the Board as Chief Financial Officer in 2020.

    He was previously an executive director and chief financial officer of Smith+Nephew in the United Kingdom from 2017 to 2020. Prior to joining Smith+Nephew, he worked for 20 years for AstraZeneca in a range of senior roles in the United Kingdom and internationally, including in Japan and Singapore, and then as chief financial officer of generic pharmaceutical company Alvogen.

    He is also a director of DFI Retail.

    He has a Master of Arts degree in Economics from the University of Cambridge and is qualified as a Chartered Accountant and Chartered Tax Adviser.

  • Ben Keswick

    Matthew Bland

    General Counsel

    Ben Keswick

    Matthew Bland

    General Counsel

    Matthew Bland is the General Counsel of Jardine Matheson. 

    Prior to joining Jardine Matheson in 2022, he was a senior partner with Linklaters LLP, specialising in corporate M&A. He has many years’ experience working with businesses across multiple sectors, including financial services, digital infrastructure, pharmaceuticals, consumer industries, utilities and real estate. He first joined Linklaters in 1998 and has worked in London and Tokyo.

    He received his Bachelor of Arts degree in Law from Girton College, University of Cambridge. He is a Solicitor of the Senior Courts of England and Wales.

  • Ben Keswick

    Elton Chan

    CEO of Jardine Pacific

    Ben Keswick

    Elton Chan

    CEO of Jardine Pacific

    Elton Chan is chief executive of Jardine Pacific (JP), overseeing the portfolio of JP businesses, and first joined the Group in 2004. Prior to his current role, he has worked in a range of senior management role across the Group, including chief executive of Jardine Schindler and managing director of Zung Fu China.

    He holds his Bachelor of Social Science degree in the Chinese University of Hong Kong, Bachelor of Arts degree in Philosophy, Politics and Economics from the University of Oxford and Master of Science degree in Real Estate from the University of Hong Kong

  • Ben Keswick

    Stephen Gore

    Managing Director, Investments

    Ben Keswick

    Stephen Gore

    Managing Director, Investments

    Stephen Gore is the Managing Director, Investments for Jardine Matheson. Having joined the Group in 2017, he was group finance director of Jardine Cycle & Carriage and previously served as the chief financial officer of Jardine Pacific and Jardine Motors Group. He is also a commissioner for Astra International.

    Prior to joining Jardine Matheson, Mr Gore was managing director, head of mergers & acquisitions and financial sponsors group, Asia Pacific at Bank of America Merrill Lynch from 2012 to 2017. Before that, he was managing director, head of mergers & acquisitions and corporate finance, Asia at UBS AG’s Investment Bank Division.

    He obtained a Bachelor of Arts (Honours) degree in Politics, Philosophy and Economics from the University of Oxford.

  • Ben Keswick

    Raymond Co

    Chief People and Culture Officer

    Ben Keswick

    Raymond Co

    Chief People and Culture Officer

    Raymond Co is the Chief People & Culture Officer at Jardine Matheson.

    He joined Jardine Matheson in 2023 after spending ten years with IHG Hotels and Resorts, where he most recently served as senior vice president for HR – Americas, leading the HR function for the largest region in IHG’s portfolio. Prior to IHG, he spent 28 years with the Procter and Gamble Company where he worked in a variety of roles in HR in the Americas and Asia region.

    He has a Bachelor of Science degree in Industrial Management Engineering from the De La Salle University. He has also completed Executive Program in Leading Change and Organisation Renewal and Human Resources Executive Program in Standford University.

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