Beta Gamma Sigma

Overview

The Beta Gamma Sigma CUHK Chapter was established in 2000, as the first chapter outside of North America, to honour academic excellence and to encourage personal and professional excellence among its members. The only scholastic honour society recognised by AACSB International, Beta Gamma Sigma awards membership to undergraduate students in their second year or above with a cumulative grade point average (GPA) in the top 10% and graduate students in the top 20%.

Membership in Beta Gamma Sigma is the most prestigious recognition awarded to a business student, and the society further awards two veteran business leaders who embody its ideals through exceptional leadership as Chapter Honorees every year.


History

Founded as an American national organisation in 1913, Beta Gamma Sigma is the first national honour society in business. Originally a merger of three separate honour societies at the University of Wisconsin, University of Illinois, and the University of California, the society only allows business schools accredited by AACSB to join. Beta Gamma Sigma currently has more than 580 chapters worldwide dedicated to fostering outstanding and ethical business leadership.


Chapter Honoree

2018 Chapter Honoree

Mr. Derek Yung

Chairman
AllianceBernstein Investments Taiwan Limited

Mr. Derek Yung has been the Chairman and the Senior Managing Director of AllianceBernstein Investments Taiwan Limited (AB Taiwan) since 2010. He oversees all businesses across AB Taiwan’s retail and institutional franchises. He has over 28 years of experience in the financial industry.

Beginning his career in AB Hong Kong in 1997 as a Marketing Director, Mr. Yung was relocated to Taiwan to establish AB’s Taiwan business and has been leading the business since then. Today, AB Taiwan is one of the largest fund management companies in Taiwan. Prior to joining AB, Mr. Yung held management positions at Fidelity Investments and American Express. Mr. Yung won the “Taiwan’s Outstanding Leadership Prize” awarded by the Vice President of Taiwan, R.O.C, and “Best of the Best Awards – Taiwan CEO of the Year” by Asia Asset Management (AAM) from 2015 to 2018.

Mr. Yung led AB Taiwan to win the “Best House for Offshore Funds” award in 2018 and this is the eighth consecutive year in a row that AB Taiwan took top honour from AAM’s Best of the Best Awards. Mr. Yung is the Director of the Securities Investment Trust & Consulting Association (SITCA); the Director of Pension Fund Association (PFA) in Taiwan; and the founding member and Director of the Financial Planning Association of Taiwan (FPAT). Mr. Yung earned his EMBA at the Chinese University of Hong Kong (CUHK) and had completed the Harvard Business School Executive Programme.