A global hunt will soon be launched for a candidate to lead elite sports development in Hong Kong. Chung Pak-kwong, chief executive at the Hong Kong Sports Institute, is expected to leave the elite training centre this summer and re-join his former employer, Baptist University, where he has been offered a job as a professor in the department of physical education. Chung's two-year deal was completed in March and he is on a month-to-month contract with the institute. He said yesterday he was still in discussion with the institute's board of directors regarding his future with the organisation. However, a government source said it had been decided the institute's board would soon be looking for Chung's replacement. 'A head-hunting company will be appointed soon for recruitment of the chief executive and overseas experts will also be given the chance if they think they are qualified for the job,' the source said. The chief executive's annual pay package is around HK$1.6 million. Chung's job at the institute had been on the line since the board did not renew his contract when it was due in March. Three other senior executives at the institute, however, saw their contracts renewed at the end of that month. The board then asked all its 18 directors to conduct individual appraisals on the performance of the chief executive before making a decision on Chung's future. The institute runs 13 elite sports programmes but two of them - tennis and athletics - are facing the axe after failing to meet the required performance standards. The institute has an annual operating cost of about HK$150 million, with the majority of funding coming from the government.