Career
At present, Victor Fung is the Group Chairman of Li & Fung Group, and his brother William is the Group Managing Director. The business was founded by their grandfather, Fung Pak-liu, in 1906 and subsequently led by their father, Fung Hon-chu.
Fung is chairman of the Hong Kong-Japan Business Co-operation Committee and co-chair of France-based The Evian Group at IMD forum and think tank. He is also chairman (2008– ) of the International Chamber of Commerce.
He was formerly chairman of the Hong Kong Trade Development Council (1991–2000) and chairman of Airport Authority.
In 2008, Fung was appointed by Donald Tsang, the Chief Executive of Hong Kong, to be the member of "Task Force on Economic Challenges" to evaluate the situation and identify new opportunities during the financial tsunami. The company laid off employees to cut costs, for which he was publicly criticised. Other positions in civil and public service:
- Member of Chinese People's Political Consultative Conference of People's Republic of China
- Commission on Strategic Development of the HKSAR Government
- Informal Business Advisory Body to the World Trade Organization
- Hong Kong Representative on the APEC Business Advisory Council (1996), (2001)
- Hong Kong Government Judicial Officers Recommendation Committee (?-2006)
- Chairman, Fung Global Institute
Read more about this topic: Victor Fung
Famous quotes containing the word career:
“Clearly, society has a tremendous stake in insisting on a woman’s natural fitness for the career of mother: the alternatives are all too expensive.”
—Ann Oakley (b. 1944)
“Like the old soldier of the ballad, I now close my military career and just fade away, an old soldier who tried to do his duty as God gave him the light to see that duty. Goodbye.”
—Douglas MacArthur (1880–1964)