The Professors of Practice (2019)

Professor Winfried Engelbrecht-Bresges is currently Council Member, Executive Committee Member and Chairman of Human Resources Sub-Committee of The Hong Kong Management Association. He chaired the HKMA Annual Conference Organising Committee in 2014 after serving as a member of the Committee in 2012 and 2013. He also shared his management wisdom as Keynote Speaker at the Fuji-Xerox (HK) Ltd/ HKMA Leadership and Management Seminar Series held in March 2018.

Professor Engelbrecht-Bresges has been Chief Executive Officer of The Hong Kong Jockey Club since February 2007. Internationally, he is the Vice Chairman of the International Federation of Horseracing Authorities (IFHA), the world's highest thoroughbred racing authority, and Chairman of the Asian Racing Federation (ARF), which comprises over 20 member racing jurisdictions and promotes horseracing within Asia. Professor Engelbrecht-Bresges is also a member of the Advisory Board of Aachen-Laurensberger Rennverein e.V., the organiser of the World Equestrian Festival, CHIO Aachen. In April 2006, Professor Engelbrecht-Bresges was appointed to the Board of the Equestrian Events (Hong Kong) of the Games of the XXIX Olympiad Co Ltd, the company charged with managing the operations of the 2008 Olympic equestrian events in Hong Kong. He was appointed a Justice of the Peace in July 2009 and was awarded the Gold Bauhinia Star in 2016. He is a Board Member of the Community Chest.

Professor Engelbrecht-Bresges joined the Club in 1998 as Director of Racing and was appointed Executive Director, Racing in 2000, at which time his portfolio was extended to include responsibility for the Property Department. During this period he played a significant role in uplifting the quality and profile of Hong Kong horse racing to world-class standards. Before joining the Club, Professor Engelbrecht-Bresges spent six years as CEO of the governing body of German horse racing and breeding, whose members include the representatives of racecourses, the Trainers and Jockeys Association and the German Breeders and Owners Association. A graduate from the University of Cologne in Economics, Finance, Statistics, Insurance and Business Administration, he has had a lifelong passion for horseracing and breeding thoroughbreds. He is also an avid football fan and played football professionally in Germany before graduation.


Professor Randy Lai has been a keen supporter of the work of The Hong Kong Management Association. She has served in the Marketing Management Committee since 2011. In 2012, she was one of the members of the Panel of Adjudicators of the Award for Excellence in Training and Development and the HKMA/TVB Awards for Marketing Excellence Organising Committee. She was also Member of the HKMA Quality Award Organising Committee from 2013 to 2015 and the Hong Kong Sustainability Award Organising Committee since 2015. From 2016, Randy was appointed Member of the HKMA Council and was elected Executive Committee Member in 2019. She also lent her frequent support to the Association. In 2016, Randy was the Guest of Honour at the HKMA/ TVB Awards for Marketing Excellence Presentation Dinner and was a speaker for the Leadership and Management debut series in February 2019. Currently, Randy serves as the Chairperson of the HKMA Theme Year Working Party which plans, implements and co-ordinates a series of activities pertaining to the theme "Capturing Emerging Opportunities through Innovative and Entrepreneurial Leadership".

Professor Randy Lai has been Managing Director of McDonald's Hong Kong since 2011, managing over 230 restaurants with around 15,000 employees that serve about 1 million customers per day. An experienced McDonald's veteran for almost two decades, she was formerly the first female Managing Director of McDonald's Singapore. Born and raised in Hong Kong, Randy is the first Managing Director nurtured in this market. Under Randy's leadership, McDonald's Hong Kong not only prides itself as one of the high growth markets enjoying the highest guest count during peak hour but also receives numerous awards in the aspects of people management, leadership, marketing and operations excellence. These include the Gold Award of the HKMA Quality Award in 2012, the recognition by the Aon Hewitt for the Best Employers Award in 2007, 2011, 2013 and 2015, the Grand EFFIE Award in 2012, 2013 and 2014 for three consecutive years, and for the 16th time running, Next Magazine's "Top Service Awards" in 2014. Besides being named as CEO of the Year 2012 at the Asia Pacific Customer Relationship Excellence Awards, Randy also won the CIM Marketer of the Year and the distinguished Marketer in 2006 from the acclaimed HKMA/TVB Awards for Marketing Excellence. In the same year, Randy was honoured with the Young Alumni Award from Western University. She has also been an Adjunct Associate Professor at the Department of Marketing of The Chinese University of Hong Kong since 2012. Randy holds an Executive MBA Degree from The Chinese University of Hong Kong and a Bachelor's Degree in Arts, majoring in Economics from the then The University of Western Ontario (now known as Western University).


Professor Joseph Ngai is currently Senior Partner, McKinsey Hong Kong and the managing partner of McKinsey Greater China, which comprises more than 550 partners and consultants across offices in Beijing, Hong Kong, Shanghai, Shenzhen, and Taipei. Professor Ngai has previously participated at the HKMA 2016 Annual Conference, sharing his insight on the future of the financial industry in Hong Kong.

Previously Joseph led McKinsey's Financial Services and Private Equity & Principal Investors Practices in Greater China. He has led many large-scale transformation efforts for Chinese as well as multinational organisations and has advised senior management on topics pertaining to strategy, mergers and acquisitions, and organisational and operational transformation.

Joseph is frequently quoted in top-tier publications such as The Economist, the Financial Times, and The Wall Street Journal and in major local media in Mainland China, Hong Kong, and Taiwan. He is the author of numerous reports and articles on Mainland China's financial institutions and is co-author of Life Insurance in Asia, the first comprehensive look at the challenges and opportunities facing insurance markets across Asia. Joseph speaks frequently at major international forums on a range of topics including financial services, leadership and management, and social enterprises.

He has been appointed to various government advisory committees, including the Financial Services Development Council of Hong Kong and the Financial Infrastructure Committee of the Hong Kong Monetary Authority. He is also a board member of the Hong Kong Science and Technology Park and the Hong Kong Scholarship for Excellence Scheme.

Joseph also passionately supports social enterprises. He is chairman of Diamond Cab, an award winning social enterprise that provides taxi services to handicapped people; and president of Phillips Exeter Academy Association of Hong Kong. He is also a director of the Diocesan Boys' School Foundation; and a director and former president of the Harvard Business School Association of Hong Kong.

A Hong Kong native, Professor Ngai received his Bachelor of Arts in Economics from Harvard University, his Juris Doctor and Master of Business Administration from Harvard Law School and Harvard Business School respectively.