Victor Fung - Career

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:

    “The 19-year-old Diana ... decided to make her career that of wife. Today that can be a very, very iffy line of work.... And what sometimes happens to the women who pursue it is the best argument imaginable for teaching girls that they should always be able to take care of themselves.”
    —Anna Quindlen (b. 1952)

    “It is a great many years since at the outset of my career I had to think seriously what life had to offer that was worth having. I came to the conclusion that the chief good for me was freedom to learn, think, and say what I pleased, when I pleased. I have acted on that conviction... and though strongly, and perhaps wisely, warned that I should probably come to grief, I am entirely satisfied with the results of the line of action I have adopted.”
    —Thomas Henry Huxley (1825–95)

    “John Brown’s career for the last six weeks of his life was meteor-like, flashing through the darkness in which we live. I know of nothing so miraculous in our history.”
    —Henry David Thoreau (1817–1862)