Graduate School of Management

Steven Champion

Visiting Lecturer, Finance
M.B.A., CPA, Northwestern University,Evanston, IL
Curriculum Vitae for Steven Champion

Teaching Courses

Investment Strategies

Professional & Academic Experience

Steven R. Champion has served in senior international banking and investment management positions over a career of almost forty years.  
He served as President, Chief Executive Officer, and portfolio manager for the NYSE-listed Taiwan Greater China Fund from February 2004 to June 2011, and directed the fund’s investment strategy of investing in Taiwan listed companies which derived or were expected to derive a significant portion of their revenues from their operations in or exports to mainland China.  Since October 2007, he has concurrently been President of Nanking Road Capital Management, former independent investment adviser to the fund.
Prior to this, Mr. Champion was Chief Investment Officer at Aetna International during 1996-2001 where he managed $17 billion in life insurance and pension assets in seventeen emerging markets. The company’s major investment portfolios were in Japan, Taiwan, Hong Kong, Malaysia, Mexico, Brazil and Chile.  He has also served as Vice Chairman of the Bank of San Francisco, Chief International Investment Officer at the Bank of America, and Chief Investment Officer at the Bank of Hawaii.
Mr. Champion has spent sixteen years based in Greater China, including fourteen years in Taiwan.  He was President and CEO of the International Investment Trust Company in Taipei during 1987-1992.  IIT was the first and largest mutual funds management company in Taiwan.  He directly managed The R.O.C.-Taiwan Fund and managed that fund’s unique conversion from an offshore fund to one listed on the New York Stock Exchange.  During this period, he was twice voted a member of “Finest Foreign Fund Managers” by Financial World.   
Mr. Champion worked for Continental Illinois National Bank during 1973-1987, including two tours in Taiwan and assignments in Chicago, Jakarta, and Hong Kong.  He was Vice President and Country Manager in Taiwan during 1980-1987 and was Regional Manager for Taiwan and Korea during his last two years with the bank.  He was twice elected Chairman of the American Chamber of Commerce Banking Committee and led the foreign banks’ efforts to upgrade accounting standards in Taiwan.
Mr. Champion has served of a Director of International Investment Trust Co., The R.O.C.-Taiwan Fund, Gwang Hua Investment Trust, the China Dynamic Growth Fund, the U.S.-Taiwan Business Council, the San Francisco Company, the American Chamber of Commerce in Taipei, the American Club in China, Taipei American School, the Taipei Community Services Center, the Foundation for Scholarly Exchange (which oversees the Fulbright program in Taiwan) and the Hawaii Special Olympics.
Mr. Champion authored The Great Taiwan Bubble (Pacific View Press, 1998) and “Uncooking the Books in Taiwan,” published in the Op-Ed pages of The Asian Wall Street Journal. He has been a speaker at many investment conferences and has helped teach a class in the Investments Seminar at Stanford Business School for many years.  He was profiled in the April 24, 2006 issue of Forbes.  In 2009, a Chinese version of The Great Taiwan Bubble was published by CITIC Publishing in Beijing as ???????.
Mr. Champion has a B.A. from the University of Wisconsin and an M.B.A. with distinction from the Kellogg School at Northwestern University where he was named to Beta Gamma Sigma and as a Distinguished Scholar.  He is a Certified Public Accountant and has a certificate in Chinese from Taipei Language Institute.  He served as a line officer in the U.S. Navy during 1968-1971.