The Hong Kong MTR has appointed Jay Walder as its new CEO effective 1 January 2012. Walder was most recently chairman and CEO of the New York Metropolitan Transportation Authority. Walder will oversee all MTR operations.

Walder will succeed incumbent CEO, Chung-Kong Chow, who will retire from his position on 31 December. Walder will join the Corporation as CEO designate on 1 November 2011.

Walder today said, ““The MTR Corporation is an established world leader in railway services and I am honoured to be joining the ranks of the many women and men who make it a success. It is an exciting prospect to be involved in the construction of five new rail projects at one time.”

Walder was also the managing director, finance and planning with Transport for London from 2001 to 2007.