The Hon Lam Woon-kwong, GBS JP, Convenor of the Non-official Members of Executive Council, Hong Kong SAR Government, delivered a thought-provoking speech on "Thinking in Time - the Challenges for Hong Kong" to 600 members and guests of The Hong Kong Management Association at its 55th Anniversary Dinner at InterContinental Hong Kong on Tuesday, 17th November 2015. The launching ceremony of the Institute of Advanced Management Development (AMD) was also held during the dinner.

Institute of Advanced Management Development (AMD) Launching Ceremony

Institute of Advanced Management Development (AMD) was established in May 2015 to offer advanced management programmes for senior executive development and management consulting services with a view to making significant contribution to advancing Hong Kong`s human capital, living up to the mission and vision of HKMA. The AMD has entered into partnership with world-renowned universities, institutions and outstanding organizations, including Cornell University, the University of Cambridge, Columbia University, Fudan University, the Peter F. Drucker Academy, and UNESCO Hong Kong Association in offering a series of high quality education and training programmes as well as consultancy services.

Members of the AMD Advisory Board include:

• Prof Roy Chung BBS JP (Chairman), Co-Founder and Non-Executive Director, Techtronic Industries Co Ltd
• Dr Dominic Chan, Founder and Chief Consultant, Decisive Consulting Ltd
• Dr John Chan GBS CBE LVO JP, Independent Non-executive Director & Deputy Chairman, Transport International Holdings Ltd
• Prof T S Chan BBS, Former Shun Hing Chair Professor of Marketing, Lingnan University
• Dr Darwin Chen SBS, Honorary Chairman, Peter F Drucker Academy
• Dr Angela Cheung MBE JP, Vice President (Schools), UNESCOHK
• Prof L C Koo, Administrative Manager, Sociedade de Jogos de Macau, SA
• Prof David Yeung, Co-director, The Centre of Game Theory, St Petersburg State University
• Prof Peter Yuen, Professor and Dean, College of Professional and Continuing Education, The Hong Kong Polytechnic University

Fellow and Charter Membership

In the occasion, 20 new Fellows and Charter Members were presented. Fellows are individuals who have distinguished themselves in the management field either by example or by contributing towards the general body of theory, philosophy and management practice. The 9 new Fellows this year are:

1. Mr Alexander Arena, Group Managing Director, HKT Ltd
2. Prof Leonard K Cheng PhD JP, President, Chair Professor of Economics, Lingnan University
3. Mr David Fong BBS JP, Managing Director, Hip Shing Hong (Holdings) Co Ltd
4. Mr Benjamin Hung BBS JP, Regional Chief Executive Officer, Great China & North Asia, Standard Chartered Bank
5. Mr Richard Lancaster, Chief Executive Officer, CLP Holdings Ltd
6. Dr the Hon Edward Leong Che-hung GBM GBS JP, Chairperson, Standard Working Hours Committee
7. Mr Lee Po On, Executive Director & Group Chief Executive Officer, Television Broadcasts Ltd
8. Mr Kenneth Lo, Chairman, Crystal Group
9. Mr Michael Wu, Chairman and Managing Director, Maxim`s Caterers Ltd

Charter Members are outstanding corporate bodies or companies, which are admitted by invitation only. The 11 new Charter Members this year include:

1. Amore Pacific (Hong Kong) Company Limited
2. Cargo Services Far East Limited
3. Chow Tai Fook Jewellery Group Limited
4. CITIC Telecom International CPC Limited
5. Guardforce Group Limited
6. Inchcape Hong Kong
7. Industrial and Commercial Bank of China (Asia) Limited
8. MetLife Limited
9. Parsons Music Corporation
10. PuraPharm Corporation Limited
11. Wyeth (Hong Kong) Holding Company Limited

Management Development Credit Unit (MDCU) Award

To recognize the achievement of companies in staff training and human resources development, three companies were awarded the Management Development Credit Unit (MDCU) Awards. Hong Yip Holdings Limited is awarded "Most Significant Growth Award". Civil Service Bureau and The Hong Kong Jockey Club were awarded the MDCU "Largest Sponsor of Staff Members Award" and "Largest Sponsor of Training Hours Award" respectively.

Graduation Ceremony of HKMA/Lingnan Joint Advanced Diploma Programmes

The Graduation Ceremony of Advanced Diploma in Management Studies (ADMS) (formerly Diploma in Management Studies) and Advanced Diploma in Business Management (ADBM) (formerly Diploma in Business Management) was also held at the dinner. This year, more than 300 students successfully completed and graduated from the programmes. Established by The Hong Kong Management Association in 1975 (ADMS) and 1982 (ADBM), and jointly organized with Lingnan University since 1998, the ADMS and ADBM programmes aim to meet the needs of in-service managers and executives who seek a formal education in modern business management. Over 25,000 students have been graduated from the programme. The Advanced Diplomas are widely recognized by overseas universities and graduates are also granted membership or exemptions by a number of prominent professional institutes.

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Issued by The Hong Kong Management Association on 17^th November 2015.