Former Cable & Wireless HKT deputy chief executive Norman Yuen Kee-tong has been named as Richard Li Tzar-kai's second in charge after completion of the Pacific Century CyberWorks merger.
Mr Yuen, who was HKT chief executive Linus Cheung Wing-lam's right-hand man, has been appointed as deputy chief executive of the merged entity.
He has also been put in charge of CyberWorks' Net Enterprises - the merged entity's broadband Internet and Internet investment arm.
'I would say Norman Yuen has definitely been promoted,' said an analyst at GK Goh Research. 'Net Enterprises is the main drive of the company.'
Of three business units, Net Enterprises is the one to which Mr Li pays most attention.
The unit includes the multimedia interactive service Network of the World (NOW), a business with which Mr Li is personally involved.
Mr Yuen will also oversee CyberWorks' broadband business-to-business and business-to-consumer services, data-centre services and the Internet investment arm, CyberWorks Ventures.