GROUP CHAIRMAN
Dr. Victor K. Fung

Dr. Victor K. Fung is the Group Chairman of the Li & Fung group of companies, which includes major subsidiaries in Trading, Distribution and Retailing, including publicly listed Li & Fung Limited, Integrated Distribution Services Group Limited and Convenience Retail Asia Limited. He also is Chairman of the Greater Pearl River Delta Business Council, the Hong Kong University Council and Hong Kong - Japan Business Co-operation Committee.

Dr. Fung holds a number of civic and professional appointments. He is Chairman of International Chamber of Commerce, a member of the Chinese People's Political Consultative Conference, Executive Committee of the Commission on Strategic Development. From 1991 to 2000, Dr. Fung was Chairman of the Hong Kong Trade Development Council, and from 1996 to 2003, he was the Hong Kong representative on the APEC Business Advisory Council, and from 1999 to May 2008, he was Chairman of the Airport Authority Hong Kong.

Dr. Fung is Chairman, Asia Advisory Board of Prudential Financial, Inc (USA), an independent non-executive Director of Bank of China (Hong Kong) Limited and Orient Overseas (International) Limited in Hong Kong, Baosteel Group Corporation in the People's Republic of China and CapitaLand Limited in Singapore.

Born and raised in Hong Kong, Dr. Fung holds Bachelor and Master Degrees in Electrical Engineering from the Massachusetts Institute of Technology, and a Doctorate in Business Economics from Harvard University. He also taught as a professor at the Harvard Business School for four years before returning to Hong Kong in 1976.

Dr. Fung is married with three children.

GROUP MANAGING DIRECTOR
Dr. William K. Fung

William K. Fung, is the Group Managing Director of Li & Fung Limited. He is also a non-executive director of various companies within the Li & Fung group of companies including publicly listed Convenience Retail Asia Limited and Integrated Distribution Services Group Limited.

In the public service arena, Dr. Fung has held key positions in major trade and business associations. He is a past 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). Currently, Dr. Fung is a member of the Trade Development Council.

Dr. Fung is a non-executive director of HSBC Holdings PLC. He is also an independent non-executive director of CLP Holdings Limited, VTech Holdings Limited and Shui On Land Limited.

Dr. Fung graduated from Princeton University with a Bachelor of Science degree in Engineering and holds an MBA degree from the Harvard Graduate School of Business. He was conferred the degree of Doctor of Business Administration, honoris causa, by the Hong Kong University of Science & Technology.