Universal Music South East Asia president Harry Hui will leave the company to "take up a new challenge in the entertainment industry" when his contract expires in January, Universal Music Group Intern

Universal Music South East Asia president Harry Hui will leave the company to "take up a new challenge in the entertainment industry" when his contract expires in January, Universal Music Group International confirmed Friday (Sept. 15).

Hui will serve as a consultant to Universal Music South East Asia after that time, the company added.

Max Hole, president, Asia Pacific region for UMGI, will assume direct responsibility for Universal Music South East Asia pending the appointment of Hui's successor. Until then, the heads of the company's subsidiaries in the region will report to Hole, who will work together with Hong Kong-based Universal Music South East Asia VP/CFO Steve Moss and international marketing VP Yvonne Yuen.

Prior to joining Universal in 2001, Hui was executive VP/MD of MTV North Asia. Before that, he headed Warner/Chappell in Hong Kong. In 2002 he was named as one of the World Economic Forum's "global leaders for tomorrow."

"Harry Hui has expanded our business, our market share and our horizons in Asia, leveraging the company's long-established leadership into new partnerships and exciting media opportunities," said Hole in a statement. "We are extremely grateful for his considerable contributions over the past five years, and wish him well in his future endeavors."

"Universal Music is a great music company with incredible assets in the hands of very strong leadership," said Hui in a statement.