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Dr. Victor K. Fung

Vice Chairman

Dr. Victor K. Fung

Dr. Victor K. Fung is an international business leader, thought leader and philanthropist, who holds professional and civic appointments in Hong Kong, the Chinese Mainland and overseas.

He is Group Chairman of the Fung Group, a Hong Kong-based multinational which comprises major subsidiaries in trading, logistics, distribution and retailing. They include publicly-listed Li & Fung Limited, Global Brands Group Holding Limited, Convenience Retail Asia Limited and other privately held entities. Dr. Fung played a leading role in driving the development of the supply chain infrastructure at Li & Fung Limited, which has enabled it to become the leading consumer goods design, development, sourcing, and logistics company for major retailers and brands around the world.

Dr. Fung holds independent non-executive Directorships with Chow Tai Fook Jewellery Group Limited (Hong Kong) and Koc Holding A.S. (Turkey). He is also the Chairman of the Asia Advisory Board of Prudential Financial, Inc (USA).

Dr. Fung is the Chairman of the Advisory Board of the Asia Global Institute at the University of Hong Kong, a multi-disciplinary think-tank co-established with the Fung Global Institute to assume and carry forward the Fung Global Institute’s mission to generate and disseminate research and ideas on global issues from Asian perspectives.

Dr. Fung is a non-official member of the Chief Executive’s Council of Advisers on Innovation and Strategic Development, an adviser of the Infrastructure Financing Facilitation Office of the Hong Kong Monetary Authority and vice chairman of the China-United States Exchange Foundation.

In China, he is a member of the International Business Leaders Advisory Council for the Mayor of Beijing, a member of the Advisory Board of the School of Economics and Management of Tsinghua University, an Honorary Trustee of Peking University and an Honorary Professor of Renmin University. He was a member of the Chinese People’s Political Consultative Conference from 2003 to 2018. From 2009 to 2014, he was the vice chairman of the China Centre for International Economic Exchanges.

Internationally, Dr. Fung played a leadership role from 2007 in the Paris-based International Chamber of Commerce, of which he was the Chairman from 2008 to 2010. From 2012 to 2013, he was a member of the World Trade Organisation’s Panel On Defining The Future of Trade.

Dr. Fung was made a Commander of the Order of the British Empire (CBE) in 1993 in recognition for his commitment to public service. In 1995, he was voted Businessman of the Year under the Hong Kong Business Awards Scheme for his success as an entrepreneur and for his contribution to Hong Kong’s economic development. He also was chosen Hong Kong Leader of the Year in 1998 and was named by Bloomberg BusinessWeek as one of the 50 Asian leaders leading the region out of its economic crisis.