Hong Kong-listed NagaCorp Ltd, operator of integrated resort NagaWorld in the Cambodian capital of Phnom Penh, has announced the impending retirement of its long-time Chairman, Tim McNally.
According to information filed late Thursday, McNally will step down as Chairman and Non-Executive Director upon the expiration of his current term on 30 June 2025, having first stepped into the role more than 20 years ago in February 2005.
NagaCorp said the 71-year-old – who was previously a Special Agent of the Federal Bureau of Investigation (FBI) – was retiring in order to spend more time with his family and focus on personal interests.
Stepping into the chairman’s position will be current Executive Director and Executive Deputy Chairman of the Board, Philip Lee Wai Tuck, aged 62, with effect from 1 July 2025. NagaCorp said it thanks McNally for his “dedication and the significant contributions he has made to the Company during his tenure of office.”
