The Asia Foundation

The Asia Foundation
Addressing the Critical Issues Facing Asia - 60 Years
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Quarterly Bulletin

The Asia Foundation Announces Six New Trustees

May 1, 2013 — Six new members joined the Foundation’s board earlier this year: John Foster, Hong Seok-Hyun, Timothy Kochis, Chong-Moon Lee, Clare Lockhart, and Adil Najam. President David D. Arnold welcomed them: “This impressive new group of trustees represents a diverse set of backgrounds, expertise, and experiences that will inform and contribute to the overall work of the Foundation.”

John Foster is chairman and managing director of Healthpoint Capital, a private equity firm focused on the orthopedic and dental device businesses and a 37-year veteran of private equity investing. He has served as a trustee of the Asia Society, Asian Cultural Council, Burke Rehabilitation Hospital, and the National Committee on United States-China Relations, and was a former member of the Board of Directors of Avon Inc. and Corning Inc.

Dr. Hong Seok-Hyun is chairman and CEO of the JoongAng Media Network, the largest media group in Korea. He served as president of the World Association of Newspapers from 2002 to 2005, and as president of the Korea Association of Newspapers from 2003 to 2005. He was the Korean Ambassador to the United States in 2005.

Tim Kochis is the former CEO and chairman of Aspiriant and has 40 years of experience in personal financial and investment planning. Throughout his career he has set standards for the profession and currently serves as a trustee of the Financial Planning Standards Board and as a trustee of the Charles Schwab Investment Management ETF Board.

Chong-Moon Lee founded Diamond Multimedia Systems in 1982, which later achieved the No. 1 ranking in market share for PC graphics accelerator products in America, and then went on to found AmBex Venture Group. A native of South Korea, Mr. Lee has a diverse background involving business, education, cultural, and athletic activities. Mr. Lee is a returning Asia Foundation trustee and is actively supporting the Foundation’s work in counter-trafficking.

Clare Lockhart is co-founder and director of the Institute for State Effectiveness, where she works on issues across state, market, and civil society in a range of countries. She has lived and worked in Africa, Asia, Europe, and the United States. She is the author of a number of papers and toolkits on state-building and development, including the book Fixing Failed States: A Framework for Rebuilding a Fractured World.

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