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September 22, 2017

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ABA confers lifetime award to Jeffrey Koo Sr.

TAIPEI, Taiwan -- The Asian Bankers Association (ABA) yesterday conferred its highest honor, the Outstanding Lifetime Achievement Award, to late CTBC Bank founder Jeffrey Koo Sr. (辜濂松) to recognize his dedication to the cooperation of Asian-Pacific financial institutions and his contributions to the foundation of the ABA itself.

The ABA was founded under the name Asian Bankers Council in Taipei in on Oct. 29, 1981 as one of the service councils of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI). Established with the helping hands of Koo, the ABA aimed to provide a platform for advancing regional economic and banking cooperation. Now the ABA's membership includes over 100 leading banks from some 25 countries in the Asia-Pacific region.

Incumbent ABA Chairman and Rizal Commercial Banking Corporation (RCBC) Chief Executive Officer and President Lorenzo Tan presented the Posthumous Lifetime Achievement Award to the late ABA founder and chairman emeritus through Koo's wife Koo Lin Jui-hui (辜林瑞慧) and son Jeffrey Koo Jr. (辜仲諒) at a conferring ceremony held inside the CTBC Holding headquarters in Taipei.

Among the dignitaries, financial heavyweights and leading bankers from Asia attending the ceremony were former Minister of Foreign Affairs Francisco Ou (歐鴻鍊), Chairwoman Helen Dee of Manila-based RCBC, CTBC President and ABA Vice Chairman Daniel Wu (吳一揆), former chairpersons with R.O.C. nationality Susan Chang (張秀蓮), McKinney Tsai (蔡友才) and Lee Yung-san ( 李庸三) as well as CTBC Holding Chairman Yen Wen-long (顏文隆).

Former Foreign Minister Ou pointed out at the ceremony that Koo Sr. was not only a famous entrepreneur in Taiwan but also a longtime "Ambassador-at-Large," contributing enormously to Taiwan's foreign affairs. ABA Vice Chairman Wu, on the other hand, highlighted the fruitful participation of the late CTBC Bank founder throughout the 33 years of the ABA.

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