Raymond Tan
CEO, Luen Thai Holdings Limited
Mr. Cho Lung Tan (Raymond) is the Chief Executive Officer of Luen Thai Holdings Limited, a global leader in fashion and lifestyle apparel and accessories manufacturing. The company has close to 40,000 employees in over 10 countries and manufactures for global brands and retailers around the world. He leads the Group in achieving its vision of sustainable shared success through reinvention and creative and innovative strategy that span across digitalization, automation, and sustainability. His visionary leadership, combined with the company’s rich history and passionate people, make Luenthai the extraordinary company it is today. Raymond has more than 40 years of experience in the industry and has received various industry and leadership recognitions including the Asian Chinese Leader 2019, Capital Entrepreneur Award in 2013, Capital Leaders of Excellence Award in 2012, Outstanding Entrepreneurship at the Asia Pacific Entrepreneurship Awards Hong Kong in 2012 and Young Industrialist Award of Hong Kong in 2003. Raymond is the Chairman and Co-founder of the TSL Football Foundation alongside his twin brother, Jerry Tan. The foundation provides football training to both male and female elite players, marginalized children, as well as the elderly and people with special needs in Hong Kong. Over the years, their vision has expanded beyond borders, bringing the unifying power of football to the Philippines, Cambodia, and China. In the Philippines, Raymond serves as the Chairman of the Board of the Tuloy Foundation Inc., which provides extensive care for street children in Manila. Through the support of the TSL Football Foundation and Raymond’s leadership, Tuloy Foundation was able to establish Tuloy FC—a professional football club composed entirely of children from the foundation. Remarkably, Tuloy FC is among the very few clubs in the country with both men’s and women’s teams, giving opportunities for young people to dream, compete, and excel. In Cambodia, Raymond extended his mission of using football as a tool for transformation by forming XO United, a club that partners with AEFSIP Cambodia, a local NGO dedicated to supporting sexually abused girls. Through football, these young women are given hope, healing, and a renewed sense of In his hometown of Quanzhou, China, Raymond also created a football program that works with local schools to teach the sport across various age groups, ensuring that children grow not only in skill but also in discipline, teamwork, and confidence. From the streets of Manila to the villages of Cambodia and the schools of China, Raymond’s journey reflects his unwavering belief that football is more than just a game—it is a bridge of hope, a catalyst for change, and a school for life. Through his work, he continues to prove that when passion is combined with purpose, the impact can inspire generations to come.

Impact and Purpose: Capital with Intent
