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The Stanford University Libraries cordially invites you to the third
 Dr. Sam-Chung Hsieh Memorial Lecture

Frederick Chavalit Tsao
Family Business and Sustainability

Mr. Tsao will address the intersection of family and business in the developing world. As Chairman of a family-owned multinational corporation, he is interested in the peculiar challenges faced by family-owned businesses and the role of such businesses in promoting development. He is particularly concerned with the destabilizing effects of rapid economic growth on traditional social structures. Mr. Tsao will discuss recent efforts to promote development while preserving family, social, and cultural harmony.

Tuesday, May 8, 2012 from 4:30 to 6:00 pm
Albert M. Bender Room, Fifth Floor, Bing Wing, Cecil H. Green Library, Stanford University


RSVP to Sonia Lee if you would like to attend:, 650.736.9538
Reception to follow. This event is free and open to the public.

Map, parking is free on campus after 4 pm.
Closest parking may be found on Galvez St., Serra St., or The Oval (top of Palm Dr.)


Frederick TsaoFrederick Chavalit Tsao began his illustrious maritime career in 1977 after joining his family’s shipping business IMC Pan Asia Alliance Group. IMC is a four-generation family business that traces its roots to the early 1900s, when the founder’s family was engaged in banking, transportation and international trade in Shanghai. Mr. Tsao was appointed Managing Director of the IMC in 1989 and took over as Chairman in 1995. He has been the Chairman and CEO of IMC Industrial Group since 2008. Mr. Tsao is President of FBNPA, the Pacific-Asia Chapter of Family Business Network (FBN), has served as Chairman of Intercargo, and remains an Executive Committee Member of Intercargo. He is also a Director of the China Ship-owners Mutual Assurance Society and a member of the Bureau Veritas Asia & Australia Committee, and the American Bureau of Shipping. In addition, Mr. Tsao created the East West Cultural Development Centre, a non-profit organization aimed at building more harmonious relationships in a rapidly globalised world. Mr. Tsao holds a Master of Science in Engineering (Industrial and Operations Engineering) and a Bachelor of Science degree in Engineering (Naval Architecture and Marine Engineering) from the University of Michigan.

Sam-Chung HsiehThe family of Dr. Sam-Chung Hsieh donated his personal archive to the Stanford Libraries' Special Collections and endowed the Dr. Sam-Chung Hsieh Memorial Lecture series to honor his legacy and to inspire future generations. Dr. Sam-Chung Hsieh (1919-2004) was former Governor of the Central Bank of China. During his tenure, he was responsible for the world's largest foreign exchange reserves, and was widely recognized for achieving stability and economic growth. In his long and distinguished career as economist and development specialist, he held key positions in multilateral institutions including the Asian Development Bank, where as founding Director, he pioneered and was instrumental in advancing the green revolution and in the transformation of rural Asia. He earned an international reputation for his diplomacy and leadership in building infrastructure and improving living standards for people throughout Asia. As Secretary-General of the Joint Commission on Rural Reconstruction and later as Chairman of Taiwan's National Development Bank, he played a leading role and led efforts which sparked the "Taiwan Miracle." He also served as Chairman of Chung-Hua Institution for Economic Research, Taiwan's premier research institution, and as Chairman of ChinaTrust Bank, and the Industrial Bank of Taiwan. He was professor at National Taiwan University and visiting professor at the Cornell University-University of the Philippines joint programs.

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