"We've known Grant for many years and we are all big admirers of his work. To have him join our leadership team is very exciting and we expect he will contribute meaningfully from the moment he starts," said Las Vegas Sands Chairman and CEO Sheldon G. Adelson. "As we continue to review our current businesses, further execute on our plans to return capital to our shareholders and pursue new development opportunities in Asia, Grant will play an important role in helping us maximize the many opportunities ahead of us."
Chum, who resides in Hong Kong, will continue to be based in Asia and will be involved in a variety of company functions including corporate strategy, gaming operations optimization, shareholder and financial relations, and new development.
Chum joined UBS in 1999 and currently serves as Managing Director, Head of Hong Kong Equity Research. Between 2007 and 2010 he served as Head of China Equity Research, based in Shanghai. He has been responsible for Asia gaming research since 2006. He graduated from Oxford University with a degree in Philosophy, Politics, and Economics.
Chum plans on finishing his work at UBS and joining Las Vegas Sands in August of this year.