New Trustee Joins Board Of Institute For Advanced Study

New Trustee Joins Board Of Institute For Advanced Study

Dr. David K.P. Li, Chairman and Chief Executive Officer of the Bank of East Asia, Ltd., in Hong Kong, has been appointed a member of the Board of Trustees of the Institute for Advanced Study.

Li was educated at Cambridge University, where he received an M.A. in economics and law. Cambridge awarded him an honorary LL.D. in 1993, and he has received honorary doctor of laws degrees from the University of Warwick and the University of Hong Kong, as well as an honorary doctorate in social sciences from Lingnan College.

He is a member of the Exchange Fund Advisory Committee, Banking Advisory Committee, and Hong Kong Association of Banks, as well as chair of the Chinese Banks Association. He is also a member of the Land Fund Advisory Committee.

Dr. Li was a member of the Preparatory Committee for the Hong Kong Special Administrative Region, a Hong Kong affairs adviser to the People’s Republic of China, and vice-chair of the Basic Law Drafting Committee that laid the groundwork for the laws of Hong Kong after June 30, 1997, when sovereignty reverted from Britain to China. A member of the Legislative Council of the Hong Kong Special Administrative Region, he has served as Legislative Councillor since 1985.

Dr. Li serves on international advisory boards for DaimlerChrysler, the Federal Reserve Bank of New York, and Rolls-Royce PLC, among other organizations. His directorships include Atlas Air, Inc.; Dow Jones & Company, Inc.; the Hong Kong and China Gas Company, Ltd.; PowerGen PLC; and Vitasoy International Holdings, Ltd.

Other activities include chairmanship of the Council and Executive Committee of the Hong Kong Management Association and of the executive committee of St. James’ Settlement, as well as involvement in numerous business and charitable endeavors—the latter including the Salvation Army Advisory Board.

Dr. Li is a fellow of the Chartered Institute of Bankers, the Institute of Chartered Accountants in England and Wales, and the Australian Society of Certified Practising Accountants.