Marcus Tsang – GC Powerlist
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China and Hong Kong 2017

Marcus Tsang

Group general counsel | Li & Fung Group, Hong Kong

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China and Hong Kong 2017

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Marcus Tsang

Group general counsel | Li & Fung Group, Hong Kong

About

Supply-chain management specialist Li & Fung is a global business and one of Hong Kong’s most historically important companies, having been founded in 1906. The company has grown alongside the city and now enjoys multi-billion-dollar revenue on the back of supply chain planning for, among other areas, home furnishing, furniture products and personal apparel. Marcus Tsang, group general counsel, has career highlights gained during more than a decade of practicing as an in-house legal professional. Among these, Tsang spent two years as group general counsel of global shipping port manager Hutchison Port Holdings and a three year period as Asia general counsel of Office Depot. Having taken over at Li & Fung in 2011, Tsang has made a number of changes to the departmentand added top legal talent to the team’s ranks, including in January 2016 when he hired a highly qualified deputy general counsel. Tsang is proud of ‘having built a dynamic, open minded and energetic team of lawyers who are completely solution oriented and enjoy what they do’, and urges them to ‘keep an open mind and [know] that innovative solutions can come from anywhere’, especially when dealing with the rapid pace of change in the modern legal landscape. Tsang is highly focused on maintaining his team’s high standards, a necessity given the team of approximately 20 lawyers has to deal with issues in over 40 countries. He looks to divide responsibilities among the team in order to create a culture of expertise. ‘Each counsel covers a specific business unit and handles everything that this throws at him or her. They are effectively the GC for that specific business unit, which creates ownership and accountability and also helps build the relationship between the counsel and their management teams’.

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