David has lived in Hong Kong since 1976. Before his retirement, he was a senior executive in the Swire Group and the Founder and Managing Director of HSBC Private Equity Management, which was the largest private equity manager in the Far East outside Japan with over US$1.2 billion under management. He sold his interest in HSBC Private Equity Management in 1998. Since that time his activities have included Chairman of a Korean securities brokerage company listed on the Korean Stock Exchange and a director of a TSX listed gold mining company operating in China. David is a fellow of the Institute of Chartered Accountants in England and Wales and has a MA (Honors) degree from Oxford University. He was appointed an Honorary Professor of the Chinese University of Political Science and Law in Beijing.