The Asia Foundation Announces New Trustees and Trustees Emeriti

San Francisco, May 26, 2016 — The Asia Foundation, a nonprofit international development organization committed to improving lives across a dynamic and developing Asia, announces the election of three new members to its Board of Trustees at its May 23, 2016 meeting: Stephen Kahng, James D. McCool, and Janet Montag. The Foundation also elected three former Trustees to Trustee Emeritus status: Chien Lee, Thomas P. Rohlen, and Alice Young.

New Trustees

  • Stephen Kahng joined The Asia Foundation Board of Trustees in May 2016, and serves on the Foundation’s President’s Leadership Council. Most recently, Mr. Kahng has been devoting most of his time to philanthropy and non-profit work. He is currently on the Board of the Hoover Institution at Stanford University and the Committee for Human Rights in North Korea. He is also an active Board member at the Asian Art Museum of San Francisco. Previously, Mr. Kahng founded Power Computing Corp. in 1994 as Chairman and Chief Executive Officer. Power Computing was the most successful of several companies that received licenses for the Macintosh OS platform. In 1999, the company was acquired by Apple Computer. Prior to Power Computing Corp., Mr. Kahng was a Senior Vice President and General Manager of Chips and Technologies Inc., a leading semiconductor manufacturer in the Personal Computer Industry. He began his career at IBM as a computer designer for IBM 3080 Main frame computers. In the early 1980s, he began several successful startup companies in the computer design and semiconductor sectors. He was also consultant to many domestic and international computer companies including Digital Equipment Corp., Compaq Computer Corp. (both now part of HP), Olivetti Corporation, Samsung Electronics, LG Electronics, and Daewoo Corporation.
  • James D. McCool joined The Asia Foundation Board of Trustees in May 2016. He currently leads Schwab’s Corporate Initiatives group, which focuses on key strategic initiatives that advance the company’s long term growth strategies. Mr. McCool serves on Schwab’s Executive Council. Previously, Mr. McCool led Schwab’s Client Solutions Enterprise. Key business units under his leadership were Corporate Brokerage Services, Asset Management Client Solutions, International, Cash Margin Lending and Schwab Center for Financial Research, and Schwab’s affiliate advisors, Windhaven ® Investment Management, Inc. and ThomasPartners ®, Inc. Before that, Mr. McCool led Schwab’s Institutional Services business, which included Advisor Services and Schwab’s Corporate and Retirement Plan Services units. He also managed Schwab’s investment-only sales and mutual fund clearing businesses. A 30-year veteran of the financial services industry with extensive experience in the business to business model, Mr. McCool began his career in the retirement plan servicing industry in 1984 as one of the initial employees of The Hampton Company, which became a wholly owned subsidiary of The Charles Schwab Corporation in 1995. Mr. McCool has served as Executive Vice President of Schwab Corporate and Retirement Services. He has been active in government affairs on issues of regulatory reform affecting defined contribution plans and has provided expert testimony on various issues involving the retirement plan industry. He is a frequent speaker before various industry groups as well as professional organizations in the investment, legal and actuarial professions. He was congressionally appointed to the Department of Labor ERISA Advisory Council in 2005 and served as chair in 2007. Mr. McCool earned his Bachelor of Science degree in Business Administration from the University of Akron and holds multiple securities licenses. He lends his experience and time on the following boards and councils: President’s Advisory Council – University of Akron, Akron, OH; Board of Directors – LIMRA-LOMA Secure Retirement Institute and member of the Board’s Executive Committee, Windsor, CT; President’s Leadership Council – The Asia Foundation, San Francisco, CA and Board member of the Charles Schwab Bank.
  • Janet Montag joined The Asia Foundation Board of Trustees in May 2016, and also serves as a Lotus Circle Advisor. She is a community leader and a philanthropist, serving on boards of impact both local and international. She is a founding member of the Advisory Board of the Global Mental Health Program at Columbia University, where the mission is to promote mental health and reduce the burden of mental illness around the globe, and of ARZU Studio Hope, whose mission is to empower women in Afghanistan and break the cycle of poverty by sourcing and selling rugs. In California, Ms. Montag serves on the Board of a college preparatory school, Pacific Ridge School in Carlsbad, as well as on the Parent Advisory Board at Stanford University. She is a former Trustee of the Asian University for Women, a higher education institution for women across Asia based in Bangladesh. Ms. Montag holds a BBA degree in Finance from Emory University and she is a former corporate finance banker with JP Morgan. While living abroad for twelve years, first in London, England and most recently in Tokyo, Japan, Ms. Montag created an Advisory Board for her daughter’s preschool and was an active member of her children’s international school. Together with her husband, Tom, and their three children, Ms. Montag currently lives in New York.

New Trustees Emeriti

  • Alice Young served on The Asia Foundation’s Board of Trustees from 2012 to 2016, having previously served from 2003-2011. She is the Founder of Alice Young Advisory, which advises multinationals and entrepreneurs on their Asia business strategies and investments. She retired from active law practice after 40 years, the last 20 years as Partner and Chair of the Asia Pacific Practice at Kaye Scholer LLP. Ms. Young has been based in New York, Hong Kong and Tokyo; she worked in Hong Kong in the pioneering early 1970s, did her first China deal in 1979, and in 1981 was the first woman, minority and the youngest partner to head a New York branch law office. Ms. Young serves as Independent Director of AXIS Capital Holdings, Ltd., a NYSE-listed reinsurance and insurance company headquartered in Bermuda, and of Mizuho Trust & Banking Co. (USA), the U.S. custodial bank subsidiary of the Mizuho Financial Group of Japan. She is a Lifetime Trustee of the Aspen Institute and a Lifetime Member of the Council on Foreign Relations. She is also a member of the Committee of 100, Women Corporate Directors and New York Women’s Forum and is a Fellow of Yale University’s Davenport College. She has received numerous awards for her corporate, mentoring and civic achievements, including Boy Scouts of America (NY Councils) “Distinguished Woman of the Year” Award and the Asian American Legal Defense and Educational Fund “Justice in Action” Award, and she was selected by Harvard Law Record as one of the 50 outstanding alumnae of Harvard Law School. Ms. Young was in the first class of women graduates of Yale College and was one of the first Asian American women to graduate from Harvard Law School.
  • Chien Lee served on The Asia Foundation’s board of trustees from 2005 to 2016. He is a private investor based in Hong Kong who devotes most of his time to not-for-profit work involving education and youth. Mr. Lee is a Vice Chairman of the Council of the Chinese University of Hong Kong, Supervisor of St. Paul’s Co-educational College and a Trustee of Phillips Academy in Andover, Massachusetts. He has had a long involvement with Outward Bound and is currently chairman of the Outward Bound Center for Peacebuilding. Mr. Lee has served on the Board of Trustees of Stanford University, his alma mater, as well as on the advisory boards of many of its constituent parts such as School of Education and School of Engineering and is currently a Director of Stanford Health Care. He is also involved with his family’s various charitable foundations, being a Governor of Lee Hysan Foundation and Chairman of Bei Shan Tang Foundation. He is a non-executive director of Hysan Development Company Limited and Swire Pacific Limited which are publicly listed companies in Hong Kong.
  • Thomas P. Rohlen served on The Asia Foundation’s Board of Trustees from 2008 to 2016. He is a Professor Emeritus and Senior Fellow with Stanford University’s Institute for International Studies, and a former Fellow of the Canadian Institute for Advanced Research. He has also taught at the University of California, the University of Hawaii, and Harvard University. He served in Japan with the U.S. Foreign Service from 1962 to 1965. A Japan specialist by training, his past research has focused on such topics as Japanese corporate organization, the labor market, Japanese schooling, and, more broadly, on matters of economic and cultural change seen through the lens of contemporary institutional practice. He is also a founder of the Aspen Institute’s Executive Program on Japan, the Stanford Japan Center, and the Kyoto Center for Japanese Studies. The author or editor of nine books and numerous articles, his writings have received a number of prizes including the Ohira Prize, the American Educational Research Critics’ Award, and the Berkeley Prize in Asian Studies. The American Anthropological Association presented him its Edward J. Lehman Award for Public Service in 1991. He has a bachelor’s degree from Princeton and a doctor of philosophy degree in Anthropology from the University of Pennsylvania.

Read more about the Foundation’s Board of Trustees. For media inquiries, please visit the Press Room.

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