Incoming chairman Witt is currently the group managing director of Jardine Matheson Holdings Limited. He has held the role since 2020 when he also became managing director of DFI Retail, Hongkong Land and Mandarin Oriental.
Witt joined the board of Jardine Matheson Holdings in 2016 and was its group finance director from 2016 to 2020. He has been with the Jardine Matheson Group since 1993.
Shares in Jardine Cycle & Carriageclosed 7 cents lower or 0.273% down at $25.58 on July 16.