Biography: Victor K. FUNG

Chairman of Fung Global Institute and Honorary Chairman of the International Chamber of Commerce, Hong Kong, China

Dr Victor K Fung is the Group Chairman of the Li & Fung group of companies, which comprises major subsidiaries in Trading, Logistics, Distribution and Retailing, including publicly listed Li & Fung Limited, Convenience Retail Asia Limited and Trinity Limited. He also is the Founding Chairman of the Fung Global Institute, an independent and non-profit think-tank that generates and disseminates innovative thinking and business-relevant research on global issues from Asian perspectives.

Dr Fung holds a number of civic and professional appointments.  He is a member of the Chinese People’s Political Consultative Conference and a vice chairman of China Centre for International Economic Exchanges of the People’s Republic of China. He is Chairman of the Greater Pearl River Delta Business Council. He is also a member of the Commission on Strategic Development of the  Hong Kong Government.  From 1991 to 2000, Dr Fung was Chairman of the Hong Kong Trade Development Council, from 1996 to 2003, he was the Hong Kong representative on the APEC Business Advisory Council, from 1999 to 2008, Chairman of the Airport Authority Hong Kong and from 2001 to 2009, Chairman of the Council of The University of Hong Kong.

Dr Fung is Honorary Chairman of International Chamber of Commerce headquartered in Paris, Chairman of Asia Advisory Board of Prudential Financial, Inc (USA).  He is a member of the WTO Panel on Defining the Future of Trade. He also is an independent non-executive Director of Baosteel Group Corporation and China Petrochemical Corporation (People’s Republic of China), Bank of China (Hong Kong) Limited, Chow Tai Fook  Jewellery Group Limited (Hong Kong) and Koc Holding A. S. (Turkey).

Born and raised in Hong Kong, Dr Fung holds Bachelor and Master Degrees in Electrical Engineering from Massachusetts Institute of Technology and a Doctorate in Business Economics from Harvard University. He also taught as a professor at Harvard Business School for four years before returning to Hong Kong in 1976.  Dr Fung is married with three children.

Victor Fung