Board of Trustees
Management
Board of Trustees
Pedro-Pablo Kuczynski rejoined the Board of Trustees in September 2006, having been a founding Trustee of the Fund at its formation in 1989. He became Chairman in August 2007. He served continuously from 1989 until 2001 when he was appointed Minister of Economy and Finance in Peru. He rejoined the Board in 2003 until he was reappointed to the same position within the Government of Peru in early 2004. He was then named Prime Minister in 2005, and he served with distinction in that position until the July 2006 change of government. During this period, Peru enjoyed rapid economic growth and low inflation. Mr. Kuczynski previously served as Chairman of First Boston International from 1982 to 1992 and as President and Chief Executive Officer of the Latin American Enterprise Fund and Westfield Capital Ltd. from 1994 to 2001. He also was President and Chief Executive Officer of Halco Mining from 1977 to 1980 and was Minister of Energy and Mines in the Peruvian cabinet from 1980 to 1982. He has also held various positions with the World Bank, the IMF, the Reserve Bank of Peru and Kuhn, Loeb & Company, International. Mr. Kuczynski's directorships have included Toyota Motor Company, Southern Peru Copper Corp., Tenaris S.A., Magma Copper, Siderurgica Argentina, Edelnor, S.A. (Peru) and CAP, S.A. (Chile).
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Tsung Ming Chung has been a Trustee since 2006. Mr. Chung currently serves as Chairman and Chief Executive Officer of Dynapack International Technology Corporation, a Taiwan Stock Exchange-listed company which is a global leader in battery pack production for notebook computers and PDAs. He took up that position after having been a senior audit partner at Arthur Andersen from 1985 to 2000. Prior to having taken early retirement in 2000, he was the firm-wide Audit Practice Director for Greater China for seven years, managing audit risk for Taiwan, China and Hong Kong. He qualified as a CPA in Taiwan in 1973 and also obtained a CPA in the United States in 1985. He serves on a number of boards in Taiwan including Far Eastern International Bank, Arima Computer Corporation and Taiwan Mobile, where he is also Chairman of the Audit Committee. He is also a Director and Audit Committee Chairman of Semiconductor Manufacturing International Corporation (SMIC), a Shanghai-headquartered semiconductor foundry. Additionally, Mr. Chung is a part-time instructor at National Cheng Chi University.
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Edward B. Collins has served as a Trustee since 2000. Mr. Collins has been Managing Director of ChinaVest Group (venture capital investment) since 1995. ChinaVest has $200 million under management in private equity investments in Greater China. Prior to joining ChinaVest, Mr. Collins had a distinguished legal career of almost 20 years, including 15 years with two leading international law firms where he had responsibilities for Greater China practice and served as legal counsel for many leading Hong Kong and Taiwan-based corporations and individuals. Mr. Collins began his career at Morgan Guaranty Trust Co. and later served as the Hong Kong representative for Republic National Bank of Dallas with responsibility for Hong Kong, Taiwan and China.
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Frederick C. Copeland, Jr. became a Trustee in May 2004. Mr. Copeland has served as Executive Director and Chairman of the Executive Committee of the Far East National Bank since 2004. From 1995-2001, Mr. Copeland served as President, Chief Executive Officer and Chief Operating Officer of Aetna International, where he was responsible for all of Aetna’s insurance and financial activities outside the U.S. and was a member of Aetna’s CEO Management Committee. Prior to joining Aetna, Mr. Copeland headed the Connecticut operations of Fleet Bank for two years. Mr. Copeland began his banking career at Citibank in 1967 and spent 25 years there, during which period he held various executive positions that included acting as President and Chief Executive Officer of Citibank Canada from 1987-93. He also served as Citibank’s Taiwan Country Head from 1983 to 1987, during which time Citibank’s assets in Taiwan exceeded those of any other foreign bank.
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David N. Laux has been a Trustee of the Fund since 1992 and was its Chairman from July 2004 to August 2007. Mr. Laux served as Director of Asian Affairs on the National Security Council during the Reagan Administration from 1982 to 1986, was Chairman and Managing Director of the American Institute in Taiwan (the U.S. substitute for an Embassy) from 1987 to 1990 and was President of the US-Taiwan Business Council from 1990 to 2000. He was also the first Commercial Counselor at the American Embassy in Beijing in 1981-1982. With earlier experience on China in the U.S. Treasury and Commerce Departments, he is considered one the leading American experts on economic, business and political affairs in China and Taiwan.
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Robert P. Parker has been a Trustee since 1998. He also served as Chairman of the Fund's Board of Trustees from February to July of 2004, overseeing the Fund’s transition to self-management. Mr. Parker is a founder and Chairman of Parker Price Venture Capital, Inc. (formerly Allegro Capital, Inc.). Before starting his venture capital company in 1997, he enjoyed a distinguished career as an international business lawyer, founding and managing two of the leading international law firms in Taiwan. Mr. Parker is a member of the Executive Committee of the US-Taiwan Business Council in Washington, D.C. and is a former President of Taipei’s American Chamber of Commerce. He is well known for his role in the formulation and implementation of the Taiwan Relations Act, the U.S. federal legislation governing relations with Taiwan. He has served on the boards of directors of numerous educational and business organizations in the U.S. and Taiwan, including the board of Taiwan’s largest private university.
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Management
Steven R. Champion is the CEO, President and Portfolio Manager for the Taiwan Greater China Fund, having assumed these positions in February 2004 upon completion of the Fund’s restructuring and conversion to internal management. His experience encompasses over 16 years as a resident in Greater China, 14 of which were spent in Taiwan. His time in Taiwan included six years, from 1987 to 1992, as President and CEO of International Investment Trust Company, the country’s first mutual fund management company. He also directly managed The R.O.C. Taiwan Fund, which was first established in 1983 and is the predecessor to the Taiwan Greater China Fund. Prior to his time at International Investment Trust Company, he managed the Taiwan operations of Continental Illinois National Bank from 1980 to 1987, and was Assistant Manager in Taipei from 1976 to 1978.
From 1996 to 2001, he was Chief Investment Officer of Aetna International in Hartford, Connecticut, where he managed the company’s worldwide portfolios outside the United States, including a very substantial portfolio in Taiwan and those of the company’s joint ventures in China and Hong Kong. Among his directorships have been the US-Taiwan Business Council, the China Dynamic Growth Fund in Beijing and Kwang Hua Investment Trust Company in Taipei. He is the author of The Great Taiwan Bubble (Pacific View Press, 1998) and "Un-cooking the Books in Taiwan," published in the Op-Ed pages of The Asian Wall Street Journal in mid-1985. He has a B.A. from the University of Wisconsin and an M.B.A. with distinction from the Kellogg School at Northwestern University, and is a Certified Public Accountant.
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Cheryl Chang worked at KPMG Taipei for 14 years before her appointment in June 2004 as Chief Financial Officer, Treasurer and Secretary of the Fund. Among various positions held at KPMG, she served as Senior Manager from 1999 to 2004 and was part of the Assurances and Advisory Unit of the International Practice Group from 2000 to 2004. Ms. Chang is a C.P.A. qualified in the United States and earned an undergraduate degree in accounting from California State University in Sacramento in 1989.
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Judith A. Thompson joined the Taiwan Greater China Fund as Head of Research in February 2004. She is primarily responsible for technology investments. Ms. Thompson has had a long career in international business, with a focus on both finance and technology. Joining Continental Illinois Bank in 1976, she held various positions in the U.S. and Asia, including Vice President of the bank’s Taiwan Branch from 1979 to 1983 and Vice President and General Manager of its Hong Kong branch from 1985 to 1988. Subsequently, she joined Motorola as Assistant Treasurer, International, and was appointed a Vice President of the company in 1993. In 1994, she moved to Europe as Vice President and Director of Business Development in Europe, Middle East and Africa for the company’s International Networks Division. In 1997, she returned to the U.S. as Vice President and Director of Broadband Wireless Systems. Since leaving Motorola, she has served as Managing Director of Financial Services Volunteer Corp and was C.F.O. of a start-up broadband telecommunication company in Russia.
Ms. Thompson has a B.S. from Iowa State University and an M.B.A. from Harvard Business School. She has served on the boards of Modacom Switzerland AG, Russia Broadband Communications N.V. and was the Treasurer of the Board of the Telluride Hospital District.
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Jon Kathe joined the Taiwan Greater China Fund in November 2006 and is Senior Research Analyst responsible for the non-technology portion of the Fund's portfolio. Mr. Kathe has had a long association with Asian markets, working in Taiwan, Hong Kong and Japan. He began his career in 1978 with Continental Bank in Chicago. Mr. Kathe moved to Taiwan in 1981 and spent four years in the bank's Taipei Branch as a commercial banker. He then moved to Hong Kong and helped establish a group within the bank which was one of the first in Asia to solely focus on trading of Emerging Market financial assets. In 1990, he moved to Tokyo to become the head of the Emerging Markets Group for the bank and then held the same role for Bank of America, after its acquisition of Continental. Mr. Kathe left Bank of America in 1996 to join Paine Webber, serving in Tokyo as President of Paine Webber Asia from 1996 to 1999. Since returning to the United States in 1999, he has been an independent consultant based in Concord, Massachusetts working with Asian and European clients.
Mr. Kathe graduated Summa Cum Laude from Boston College in 1975 and obtained his M.A. from the Johns Hopkins School of Advanced International Studies in 1978.
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