Early Life
Ronald James McAulay was born in October 1935, and is of Scottish heritage but holds Hong Kong citizenship. He attended the University of Glasgow, where he earned a Master of Arts degree. Following his education, McAulay qualified as a chartered accountant and became a member of the Institute of Chartered Accountants of Scotland. These qualifications provided the foundation for his successful career in business, particularly in Hong Kong's dynamic commercial environment.
Rise to Success
McAulay's career took off with his involvement in the energy and hospitality industries. He served as a non-executive director of CLP Holdings for over 48 years, starting in 1968, and was instrumental in the growth of the company into one of Asia's leading electricity providers. He also served on the board of The Hongkong and Shanghai Hotels, contributing for over 45 years and was honored as Honorary Life President. His strategic decisions significantly shaped the infrastructure and luxury hospitality assets in Hong Kong. McAulay's success is also linked to his family, including his marriage to Rita Laura Kadoorie, integrating him with one of Hong Kong's most influential families.
Key Business Strategies
McAulay's business strategy centered on long-term investments in key sectors like energy and hospitality. His significant ownership stakes in CLP Holdings and The Hongkong and Shanghai Hotels demonstrate his commitment to these core businesses. During his tenure on the boards, he focused on strategic growth and maintaining high standards, which helped the companies navigate economic changes and remain competitive. He was also involved in expanding CLP's operations across Asia, ensuring stable returns for shareholders.
Philanthropy
Beyond business, McAulay is involved in significant philanthropic activities. He has been deeply involved in the philanthropic activities of the Kadoorie family and supports initiatives aligned with their commitment to social welfare in Hong Kong. He is an honorary trustee of the Tate Foundation in London and maintains ties to philanthropy through his family. His son, Andrew McAulay, serves as chairman of the Kadoorie Farm and Botanic Garden in Hong Kong.
