Jardine Matheson Holdings appoints ex-PAG Lincoln Pan as new CEO

John Witt has announced his resignation by the end of November.

Jardine Matheson Holdings Limited has appointed Lincoln Pan as its new CEO, effective 1 December 2025.

Pan takes over from John Witt, the Group Managing Director, who will retire from the company at the end of November.

Lincoln will join from PAG, the largest fully diversified alternative investment business in the Asia Pacific region, where he is a Partner and co-head of Private Equity and a member of the Group Executive Committee. He previously held the role of Chief Executive Officer, Greater China at Willis Towers Watson, served in executive roles at Advantage Partners and GE Capital, and worked at McKinsey & Company.

Meanwhile, Witt will continue to serve as Chairman of Hongkong Land. He will retire from his positions at Jardine Matheson Holdings Limited, including his positions at Jardine Matheson Limited and Jardine Pacific,, DFI Retail, Jardine Cycle & Carriage and Astra.