Pei-yuan Chia explained

Birth Place:Hong Kong
Nationality:American
Occupation:Banker
Employer:Citicorp
Alma Mater:Wharton School of the University of Pennsylvania
Tunghai University
Children:3
Module:
Child:yes
Hide:no
T:賈培源
P:Jiǎ Péiyuán
W:Chia Pei-yuan

Pei-yuan Chia (Chinese: 賈培源; born 1939)[1] is an American banker. He worked for Citicorp from 1974 until his retirement in 1996, and also held directorships in several other firms.

Career

Chia worked at General Foods before joining Citicorp in 1974.[2] From then until 1992, he held various senior management positions in Citicorp and Citibank, N.A. and was Citibank, N.A.'s senior customer contact for corporate banking activities in Asia.[3] He was promoted to head of the global consumer business in 1992, following a four-year period in which he grew Citicorp's foreign consumer banking operations by 25% annually to $300 million per year in profit.[4] He served as a director of Citicorp and Citibank, N.A., beginning in April 1993, and became vice chairman of Citicorp and Citibank, N.A., in January 1994.[3] [5] He took early retirement in 1996 at the urging of then-CEO John S. Reed.[6] [7] At the time of his retirement, he was the highest-ranking Asian American executive and corporate director in any major U.S. corporation.[8]

Personal life

Chia was born in Hong Kong.[9] His father Dewey Teh-huai Chia (Chinese: 賈德懷; 1912–1998), the second son of Republic of China Ministry of Finance official, was prominent in Shanghai's finance industry.[10] [11] [12] His mother Kitty Shun-hua Chin Chia (Chinese: 秦舜華; 1916–2016), a daughter of educationalist, was a graduate of Yenching University.[11] [13] Chia's parents had moved to Hong Kong the year before his birth, and then the family moved again to Taiwan in 1951.[13] His parents eventually settled in the United States in 1956, where his father started a maritime transport company and his mother worked as a statistician in the United Nations Secretariat.[13] Chia himself remained in Taiwan for his education, attending Jianguo Middle School in Taipei and going on to graduate from Tunghai University in Taichung with a Bachelor of Arts degree in Economics in 1961. He then joined his family in the U.S., where he earned an MBA from the Wharton School of the University of Pennsylvania in 1964.[9] [14] He was naturalized as a U.S. citizen in 1970.

Chia was married to Frances T.C. Yen Chia (Chinese: 嚴雋荃), a classmate of his at Tunghai University and a daughter of former President of the Republic of China Yen Chia-kan, from 1965 until her death in 2003.[15] [16] He had three children with her: Douglas, a lawyer; Katherine, an architect; and Candice.[17] [18] [19] He remarried in 2005 to his high school sweetheart Katherine "Kitty" Shen (Chinese: 沈君玉).[19] [20]

To commemorate Frances' life, Chia endowed a garden in front of the women's dormitory at Tunghai University, which opened in November 2006.[16] He also established an endowed professorship in marketing, the Frances and Pei-Yuan Chia Professorship, at the University of Pennsylvania; it has been held by Peter Fader since 2003.[21] He was awarded an honorary doctorate by Tunghai University in 2007.[1]

Other activities

Chia served on the Wharton Graduate Executive Board of the University of Pennsylvania. In addition, he is a Senior Fellow of the SEI Center for Advanced Studies in Management at the Wharton Business School.[21] As chairman of the Chia Family Foundation, he conducts philanthropic activities benefiting various educational and medical causes, including the Hoag Hospital Foundation.[19] [22] In June 2022, Hoag named a hospital building in Irvine, California, for Chia and his wife Shen in recognition of their philanthropy.[20]

Chia also serves or previously served as:

External links

Notes and References

  1. News: 東海名譽博士賈培源先生-關懷社會培育人才國際銀行界領航員 . Tunghai University Alumni Magazine . 128 . June 15, 2007 . January 18, 2018 . https://web.archive.org/web/20180118183420/http://alumnus.thu.edu.tw/story/395/8114 . January 18, 2018 . dead.
  2. News: 4th-Quarter Loss Seen By Citicorp . Michael . Quint . The New York Times . January 14, 1992 . January 18, 2018 . https://web.archive.org/web/20150526054123/https://www.nytimes.com/1992/01/14/business/4th-quarter-loss-seen-by-citicorp.html . May 26, 2015.
  3. News: Citi Vice Chairman Pei-yuan Chia Resigns . American Banker . 18 September 1996 . 18 January 2018.
  4. News: Making a Difference; Moving Up at Citicorp . Michael . Quint . The New York Times . January 19, 1992 . August 16, 2018 . https://web.archive.org/web/20150526055129/https://www.nytimes.com/1992/01/19/business/making-a-difference-moving-up-at-citicorp.html . May 26, 2015.
  5. Book: Barnet . Richard J. . Cavanagh . John . Global dreams: imperial corporations and the new world order . registration . 14 May 2011 . 1995 . Simon and Schuster . 978-0-684-80027-1 . 374–377.
  6. News: Key Executive At Citicorp Plans to Retire . Saul . Hansell . The New York Times . January 13, 1996 . August 14, 2018 . https://web.archive.org/web/20150526163205/https://www.nytimes.com/1996/01/13/business/key-executive-at-citicorp-plans-to-retire.html . May 26, 2015.
  7. News: For Bank's Boy Wonder, Gray Hairs and Lessons . Saul . Hansell . The New York Times . July 14, 1996 . August 14, 2018 . https://web.archive.org/web/20150526163330/https://www.nytimes.com/1996/07/14/business/for-bank-s-boy-wonder-gray-hairs-and-lessons.html . May 26, 2015.
  8. Book: Diversity in the Power Elite: How it Happened, Why it Matters . Richard L. . Zweigenhaft . G. William . Domhoff . G. William Domhoff . Rowman & Littlefield . 2006 . 179 . 9780742577220.
  9. News: AIG神祕華人董事長賈培源來台曝光 . Trip to Taiwan by AIG's mysterious ethnic Chinese director Chia Pei-yuan publicly exposed . Business Today . Taiwan . November 4, 1999 . January 18, 2018.
  10. Book: Chen, Rou-jin . https://books.google.com/books?id=akmBAAAAIAAJ&q=%E8%B3%88%E5%A3%AB%E6%AF%85+%E6%AC%A1%E5%AD%90+%E8%B3%88%E5%BE%B7%E6%87%B7 . 陳柔縉 [Chen Rou-jin] . zh:『總統的親戚: 台灣權貴家族』 . . 1999 . 9789571329703.
  11. Book: Lo, Yuen-yuk . https://books.google.com/books?id=jb17BgAAQBAJ&pg=PA117 . 羅元旭 [Lo Yuen-yuk] . zh:『東成西就: 七個華人基督教家族與中西交流百年』 . Hong Kong . . 2012 . 117 . 9789620431890.
  12. News: Deaths: Chia, Dewey Teh-Huai . The New York Times . August 27, 1998 . August 16, 2018 . https://web.archive.org/web/20150527085634/https://www.nytimes.com/1998/08/27/classified/paid-notice-deaths-chia-dewey-teh-huai.html . May 27, 2015.
  13. Web site: Obituaries: Kitty S.H. Chia . McIntire, Bradham & Sleek Funeral Home . December 2, 2016 . August 16, 2018 . https://web.archive.org/web/20180815173639/http://www.mcintirebradhamsleek.com/obituaries/kitty-sh-chia . August 15, 2018 . live.
  14. Web site: Outstanding Alumni . Tunghai University . January 18, 2018 . https://web.archive.org/web/20180118123445/http://cdc.thu.edu.tw/web/outstanding/detail.php?scid=94&sid=74 . January 18, 2018 . dead.
  15. News: Frances Yen Married To Pei-yuan Chia Here . The New York Times . February 21, 1965 . August 14, 2018.
  16. News: 【景點】愛的紀念花園 荃園 . Scenic spot: a garden to commemorate love . Sina News . January 18, 2018.
  17. News: Weddings: Jessica Chun and Douglas Chia . The New York Times . April 11, 1999 . August 14, 2018 . https://web.archive.org/web/20150527101536/https://www.nytimes.com/1999/04/11/style/weddings-jessica-chun-and-douglas-chia.html . May 27, 2015.
  18. News: Ex-Citi Card Chief Featured in Decor Magazine . Lisa . Fickenscher . American Banker . June 8, 1998 . August 14, 2018.
  19. Web site: Giving from the Heart . . July 7, 2021.
  20. News: 賈培源、沈君玉 冠名Hoag醫院醫療大樓 . Hsiao . Ti-yu . 蕭迪玉 [Hsiao Ti-yu] . Chia Pei-yuan, Shen Chun-yu give their names to Hoag hospital building . . June 10, 2022 . July 21, 2022 . https://web.archive.org/web/20220611010127/https://www.worldjournal.com/wj/story/121359/6377921 . June 11, 2022 . live.
  21. News: Frances and Pei-Yuan Chia Professor of Marketing: Dr. Fader . University of Pennsylvania Almanac . May 4, 2004 . 50 . 32 . January 18, 2018.
  22. News: The Crowd: Christmas Carol Ball benefits Hoag . Cook . B. W. . Los Angeles Times. December 18, 2018 . July 8, 2021.
  23. News: AIG says director Pei-yuan Chia plans to resign in September . Alistair . Barr . MarketWatch . July 21, 2006 . January 18, 2018 . https://web.archive.org/web/20180118182121/https://www.marketwatch.com/story/aig-says-director-pei-yuan-chia-plans-to-resign-in-september . January 18, 2018.
  24. News: 中銀完成重組架構 . Bank of China completes structural reorganization . Wen Wei Po . May 10, 2001 . August 16, 2018.
  25. News: 賈培源先生辭任獨立非執行董事 . Pei-yuan Chia resigns as independent non-executive director . BOC Hong Kong (Holdings) Limited . July 14, 2003 . August 16, 2018.
  26. News: People . Seka P. . Palikuca . Chicago Tribune. April 14, 1997 . August 16, 2018.
  27. News: Mr Pei-Yuan Chia Joins Singapore Airlines Board . Odyssey Media Group . October 1, 2003 . August 16, 2018.

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