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Chinatrust, Peking University jointly set up finance academy

The China Post news staff --Taipei-based Chinatrust Commercial Bank and mainland-based Peking University (PKU) yesterday jointly established the Academy of Finance and Development at PKU in Beijing. The academy's goal is to enhance cooperation on the research of financial policies in Greater China and promote financial integration and efficiency for financial services across the Taiwan Strait.

The academy will also serve as a platform for dialogue among government officials, academicians, experts and entrepreneurs on the two sides of the Strait.

PKU Vice President Wu Zhipan presented Chintrust Group founder Jeffrey Koo, Sr. with an outstanding education contribution prize at the ceremony, in honor of Koo's tremendous achievements and contributions, including his efforts to promote cross-strait academic exchanges.

Chinatrust Commercial Bank Vice Chairman Steve Hsieh (薛香川) received the award on behalf of Koo.

Wu said PKU is fortunate to have the opportunity to cooperate with an extraordinary enterprise like Chinatrust to further the financial research, cooperation, integration and efficiency of financial services between the mainland and Taiwan.

The academy and the cooperation project exemplify the corporate and social responsibility demonstrated by Chinatrust, said Wu.

Chinatrust founder Koo has played a key role in establishing the close cooperative relationship between PKU and the financial institution that will help create a promising future for financial development between the two sides of the Taiwan Strait, he emphasized.

Under Koo's leadership, Chinatrust has not only established an expansive financial service network with 67 overseas branches to become a leader in terms of financial internationalization, business performance, corporate governance and social responsibility in almost five decades, Hsieh said.

Hsieh also said that the Chinatrust Charity Foundation chaired by Jeffrey Koo, Jr., the eldest son of Koo, Sr., has actively engaged in charities to help countless families and children in Taiwan as well as victims of natural disasters in the mainland, like the devastating earthquake in Sichuan province and the massive landslides in Gansu province.

Dignitaries officiating the inauguration of the research institution included top cross-strait negotiators President Chen Yunlin of the Beijing-based Association for Relations Across the Taiwan Straits (ARATS) and Chiang Pin-kung, who just retired from the chairmanship of Taipei-based Straits Exchange Foundation (SEF).

Others were leaders from various fields and senior executives from the Chinatrust Group, including Roger Kao (高人傑),chief administration officer of the Chinatrust Financial Holding Company, Chinatrust Financial Holding independent board directors Lee Wen-chih (李文智) and Lee Jie-haun (李志宏), and Chiang Chun-te (江俊德) board director of Chinatrust Commercial Bank.

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From left, Peking University Vice President Wu Zhipan, ARATS President Chen Yunlin, former SEF Chairman P.K. Chiang, and Chinatrust Commercial Bank Vice Chairman Steve Hsieh jointly attend a ceremony for the new Academy of Finance and Development, which was jointly established by PKU and the Chinatrust Group.

(Courtesy of Chinatrust)

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