Douglas Tong Hsu is Chairman and CEO of Far Eastern Group (FEG), one of the largest and most diversified conglomerates based in Taiwan. The Group has nine public listed companies, which are leaders in their respective fields, and comprises 245 companies whose operations cover Petrochemicals & Energy; Textiles & Polyester Fiber; Cement/Building Materials; Sea/Land Transportation; Financial Services; Construction; Telecom and Internet; Retail/Department Stores and Hotel. With total assets of US$80 billion and over 60,000 people in its workforce, the Group’s operations extend into China as well as Vietnam, Singapore, Malaysia, Hong Kong, and Japan.
Committed to corporate social responsibility, the Group’s multiple non-profit foundations established Taiwan’s leading technical institute, private university, and hospital. Far Eastern Memorial Foundation, Far Eastern Medical Foundation, and Mr. Y. Z. Hsu Science & Technology Memorial Foundation have been dedicated to sponsoring diverse cultural activities and medical research programs. The Group also encourages innovative thinking in architecture and scientific research areas by sponsoring the “Far Eastern Architectural Award, “Y. Z. Hsu Scientific Chair Professorship,” and “Y. Z. Hsu Scientific Paper Award.”
Douglas has been actively engaged in public service and holds key positions in various organizations, including Asia Business Council, Asian Cultural Council, Chung-Hua Institution for Economic Research, MasterCard Asia/Pacific Regional Advisory Board, National Cultural and Arts Foundation, Nature Conservancy Asia Pacific Council, Prudential/Asia Pacific Fund, The Straits Exchange Foundation, Emeritus Trustee of University of Notre Dame and Chairman of Yuan Ze University and Far Eastern Memorial Hospital.
He received his Bachelor’s Degree and Master’s Degree at the University of Notre Dame and pursued post-graduate studies at Columbia University in the United States. He also has an Honorary Doctorate in Management conferred by the National Chiao Tung University.