Victor and William Fung Foundation

Dr. Victor 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 group which comprises major operating groups engaging in sourcing, logistics, distribution and retailing. They include  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 is an  independent non-executive Directorships with Chow Tai Fook Jewellery Group Limited (Hong Kong).

Dr. Fung is 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. He is also Chairman of the 2022 Foundation, a non-profit entity focused on research into Hong Kong’s long-term competitiveness.

Also in Hong Kong, Dr. Fung is a Non-official Member of 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, a Fellow of the Hong Kong Academy of  Finance and Chairman of the Civil Service Training Advisory Board.  He is a former Chairman of the Hong Kong Trade Development Council (1991-2000), a Hong Kong representative on the APEC Business Advisory Council (1996-2003), Chairman of the Airport Authority Hong Kong (1999-2008), Chairman of the Council of The University of Hong Kong (2001-2009),  Chairman of the Greater Pearl River Delta Business Council (2004-2013) and Chairman of the Steering Committee of the Hong Kong Scholarship for Excellence Scheme (2014-2018).

On the Chinese Mainland, he is a member of the International Business Leaders Advisory Council for the Mayor of Beijing,  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 is a former member of the Chinese People's Political Consultative Conference (2003-2018), Vice-Chairman of the China Centre for International Economic Exchanges (2009-2014).

Internationally, Dr. Fung played a leadership role from 2007 in the Paris-based International Chamber of Commerce, of which he was 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.

Born and raised in Hong Kong, Dr. Fung holds Bachelor and Master Degrees in Electrical Engineering from the Massachusetts Institute of Technology. After gaining his Doctorate in Business Economics from Harvard University, he taught as a professor at Harvard Business School before returning to the family business in Hong Kong in 1976.

Dr. Fung is married with three adult children.

Dr. William Fung

Dr. William Fung is the Group Deputy Chairman of the Fung Group of companies, Group Non-executive Chairman of Li & Fung Limited and Chairman of Global Brands Group Holding Limited. He is also a non-executive director of various companies within the Fung Group, including publicly-listed Convenience Retail Asia Limited.

Dr. Fung has previously held key positions in major trade and business associations. He is a former Chairman of the Hong Kong General Chamber of Commerce, the Hong Kong Exporters' Association and the Hong Kong Committee for Pacific Economic Cooperation Council (PECC). He was awarded the Silver Bauhinia Star by the Hong Kong Special Administrative Region Government in 2008.

Dr. Fung is an independent non-executive director of VTech Holdings Limited, Sun Hung Kai Properties Limited and The Hongkong and Shanghai Hotels, Limited.

Dr. Fung graduated from Princeton University with a Bachelor of Science degree in Engineering. He holds a Master of Business Administration degree from the Harvard Graduate School of Business, degrees of Doctor of Business Administration (honoris causa) from The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University and Hong Kong Baptist University and a degree of Doctor of Letters (honoris causa) from Wawasan Open University of Malaysia.