Chairman and Executive Director
Mr. Lo had been a Non-executive Director of Summit Ascent Holdings Limited (the “Company” and together with its subsidiaries, the “Group”) since December 2018 until he was re-designated as an Executive Director of the Company and appointed as the Deputy Chairman of the board of the Company on 26 April 2019. He is a director of certain subsidiaries of the Company. Mr. Lo is currently an executive director of LET Group Holdings Limited (stock code: 1383, “LET Group”), a company listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) and the substantial shareholder of the Company. Mr. Lo has been involved in the business development of LET Group’s overseas businesses. Mr. Lo is also responsible for the corporate management, mergers and acquisitions of LET Group and is experienced in the gaming industry. Mr. Lo has also been appointed as a director and the chairman of Suntrust Resort Holdings, Inc. (stock code: SUN, “Suntrust”) since May 2021 and October 2021 respectively, a company listed on The Philippine Stock Exchange, Inc. and an indirect non-wholly owned subsidiary of LET Group.,
Mr. Lo is the brother-in-law of Mr. Chiu King Yan, an Executive Director of the Company. Mr. Lo has obtained a Bachelor of Arts degree from The University of Winnipeg in Canada.
Chief Operating Officer – Russian Operations
Mr. Tsifetakis has joined the Group in a senior management capacity since September 2014. Mr. Tsifetakis has over 22 years of experience in the casino and hospitality industry. Prior to joining the Group, he was the Director of Operations at Regency Casino Mont Parnes and a director at Hyatt Regency Casino, both of which are located in Greece. Mr. Tsifetakis also held senior managerial roles in various world class hotels in multiple jurisdictions including the United Kingdom, Romania and Kazakhstan.
Mr. Tsifetakis holds a casino management certificate in Greece and graduated from London South Bank University in the United Kingdom with a Bachelor of Arts (Honours) degree in hotel management.
Finance Director
Mr. Yip has been Finance Director of the Company since October 2013. He is a director of a subsidiary of the Company. Prior to joining the Company, Mr. Yip was the chief financial officer of MelcoLot Limited (stock code: 8198, now known as Loto Interactive Limited), a company listed on the Hong Kong Stock Exchange, from June 2009 to October 2013. Before this, he had been serving as an executive director, finance director and company secretary of Sandmartin International Holdings Limited (stock code: 482), a company listed on the Hong Kong Stock Exchange from March 2000 to June 2009. Mr. Yip was also an audit manager of Deloitte Touche Tohmatsu with whom he worked for over seven years.
Mr. Yip graduated from The University of Hong Kong with a Bachelor of Business Administration degree. He is a fellow member of both ACCA in the United Kingdom and HKICPA.
