Governance AND ADVISORY BOARD
The Foundation’s governance structure is designed to balance family clan stewardship, professional independence, and intergenerational continuity.
The Advisory Board supports the Foundation in fulfilling its long-term objective of stewardship, while day-to-day operations are entrusted to the professional Executive Team. The Foundation is also very honoured to be advised by a small group of accomplished professionals with experience spanning public policy, philanthropy, and infrastructure across the UK and Asia.
(A) Composition
The structure of the Foundation’s Advisory Board comprises:
(I) senior members of the family clan, including at all times, the Foundation’s incumbent Chair, Ms. Peggy Siu and others appointed on a rotational term basis;
(II) the Foundation’s incumbent Executive Director, Mr. Jack Tsang F.R.A.S.;
(III) a selection of external professional appointees (on a rotational term basis, typically 3 from a mix of architects, civil engineers, academics, lawyers, finance and philanthropy professionals etc). The present external professional appointees are:
Dr. M.J. Wilkinson Ph.D. (Warwick) - based in London - formerly a healthcare academic and researcher of The London School of Hygiene and Tropical Medicine (University of London), Assistant Director of Strategy for British Cabinet Office and an Invited Expert to the European Commission.
Mr. T.D.J. Edge B.A. (London) - based in London and previously in Hong Kong - seasoned educational fundraiser having held Director of Development roles at leading UK schools where he worked with major donors. He is also a professional playwright and former CEO of a not-for-profit organisation.
Ir. K.T. Tsang C.Eng. (UK), M.H.K.I.E - based in Hong Kong - Chartered Engineer, formerly practised with the Mass Transit Railway Corporation and the Kowloon Canton Railway Corporation in Hong Kong.
(B) Specialist Ad-hoc Appointees
Where necessary, the Advisory Board has the powers to appoint specialists on an ad-hoc consultative basis to provide additional expertise.
(C) Observers and Succession
The Advisory Board may also appoint Observers from the “next-gen" of the family clan, to observe proceedings without voting rights, as part of the Foundation’s wider succession planning.
Periodically, Observers may also be more broadly involved in the work of the Advisory Board with a view to cultivating future leadership.
(D) Conflicts of Interests
Members of the Advisory Board are required to disclose any actual or potential conflicts of interest and to act at all times in accordance with the Foundation’s conflict-of-interest and ethics policy.
(E) Periodic Review
We endeavour to implement and regularly refresh our governance structures to reflect current international “good-practice” standards for comparable family foundations and other similar non-profit organisations.
(F) Transparency and Accountability
The Advisory Board is committed to appropriate transparency and accountability through regular reporting and compliance with all applicable regulatory requirements in all relevant jurisdictions.