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Graduate International Volume 49, 1995 Eric Schroder '79 on Thailand P. 7 • China Joint Ventures P. 12 • Asia/Europe Reunions! P.39 THUNDERBIRD 8 12 2 China's Golden Goose Will 1997 bring tragedy or comedy to Hong Kong? 39 Malaysian Joint Ventures T'bird Customs in China Reunions! SaI\iyot Dunung '87 Practical guidelines for Photos from the 1995 offers cultural business success from Professor Asian and European advice. Min Chen. reunions. 7 Alumni Viewpoint 16 20 44 Eric Schroder '79 previews Thailand's future. News New VP oversees academic departments, Dresdner Bank CEO speaks, Olympic medalist Tanya Hughes willS bronze, and more. Network & Updates T'bird news from around the world. Alumni Focus: Japan, Vietnam MBA, Pandas, Latin America Letter from Elsewhere Buddhist Monks and Thailand, from Brian M. Kelly '83. Thunderbird Directory Alumni Relations e-mail Admissions: Alumni Relations: Career Services: Communication: (602) 978-7135 (phone) (602) 978-6814 (fax) johnsor\email@example.com firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.com Thunderbird Magazine Volume 49, Issue 3 1995 A publication of the AluItUli Relations Office of The American Graduate School of International Management, 15249 N. 59th Avenue, Glendale, AZ 85306-6006 (602) 978-7135, FAX (602) 978-6814 Assistant Vice President for Communication and Editor: Nelda S. Crowell Managing Editor: Thomas McMillan Contributing Editor: Pam Selthul1 Contributing Writers: Min Chen Sat\iyot Dunung '87 Brian M. Kelly '83 Nancy K Napier '75 Allison Underhill '86 Communication Secretary: Gwen Swanson Editorial and Production Assistants: Reid Belu'endt Avid Navidi '91 Jay Oglesby JeffUnze Design: Pat Kenny Graphic Design Assistant Vice President of Alumni Relations and Giving: Susan Combe Assi!'ltant Director of Alumni Relations: Michelle Olson Alunmi Relations Staff: Advertising Director: Janet M. Mueller Receptionist/Secretary: Cindy Hepburn Receptionist/Clerk: Chris Mosakowski Submissions may be sent electronically to Nelda S. Crowell througl1 the Internet: firstname.lastname@example.org througl1 the CompuServe Thunderbird FOlUm 72662,3422. ON THE COVER: Chinesejunk overlooking Hong Kong, murtesy Hong Kong TOltrist Association Thunderbird Alumni Association 1994-1995 Board of Directors and Officers: Chatm1an ofthe Board: Stephen K Orr '79 President: H. Gene Wick '60 Vice Presidents: Michael Dillon '78 Maarten Flem'ke '79 Thomas D. Hobson '79 LindaJ. Magoon'84 Acting Secretary: Michelle Olson Ex Officio Members: Roy A. Herberger, Jr. JOM E. Berndt John C. Cook '79 President, Associated Students Legislative Council Board Members: George T. DeBakey'73 Michael T. Dillon '78 Webb F. Elkins '63 Thomas L. Guetzke '86 ChristopherP.JoID1son'86 Larry K. Mellinger'68 McDiamud R. Messenger '72 Carolyn Polson O'Malley '70 Joseph A. O'Neill '80 Richard E. Ragsdale '67 Mike A. Santellanes, Sr. '60 Martha S. Van Gelder Gypton '88 Honorary Board Members: Joseph M. Klein '47 The Alunmi Relations Office has implemented a new database software to better maintain and enhance the Thunderbird network. Alumni data continues to be released to the Thunderbird conununity only for noncommercial purposes. Please contact Alumni Relations if you do not want your name and preferred contact infoffi1ation given to your peers upon request. Thm1derbird, The Ametican Graduate School oflnternational Management, is committed to non-discliminatory practices in employment, admissiOns, and educational programs and activities. Thunderbird is an equal opportunity, affinnative action employer that complies with applicable federal, state and local laws, statutes, orders and regulations prohibiting discrimination on the basis of race, color, religion, national origin, gender, age, disability and veteran status. being booked. Alwnni responses to the travel survey in the last magazine indicated specific interests in "unique travel" destinations, "culturally enriching" experiences, and trips that meet "diverse interests." As a result, the alwnni travel program is developing custom T'bird excursions to a broad selection of global destinations. What Kinds of Trips? The travel program's goal is to provide unique trips that offer alwnni experiences unmatched by typical travel companies. These trips will include: • "Off the beaten path" journeys designed for small groups of friends who prefer unique encounters, such as interaction with the vanishing cultures of the Amazon rainforests in Venezuela • Culturally enriching experiences in regions such as India, where you stay in former palaces of Maharajas, take jeep tours to tiny agrarian villages unspoiled by tourists, and interact with villagers working in the fields. • Enlightenment tours that focus on building international relationships and cross-cultural understanding by exploring undiscovered areas in countries like China or Vietnam-and which also include the special involvement of local Tbird alumni. • Active excursion packages, such as a fishing trip to the remote King Salmon, Alaska, a trek through New Zealand's Milford Sound, or photographic safaris of Africa. • Group trips with a common theme but multiple activity options designed to meet individual interests, such as a one-week trip to Costa Rica offering white-water rafting, hiking a volcano, or a refresher Spanish class. In addition to providing opportunities for alumni to reunite in exciting locations, the new travel program will also benefit Thunderbird. A portion of proceeds from the program will help support important School initiatives like the Thunderbird scholarship program. Thanks to all the alumni who filled out the travel survey. Your ideas and preferences will help us better tugetThundeibirds travel program to your needs. Special congratulations to Irene Selwa '90, who won the $500 credit in our survey drawing towards any travel program trip. In addition to the "Journey for Discovery: India" trip (see below), several fun post-homecoming trips are already being booked, including travel to Mexico City, the Grand Canyon, Acapulco, Las Vegas, and a hot-air balloon trip in New Mexico. For a complete list of options and prices, call Four Winds Travel at (800) 875-3363 ext. 12, or fax (770) 698-0460. THE GOLDEN GOOSE: The Hong Kong skyline at twilight. peaceful for the moment. When the clock strikes midnight on June 30, 1997, control of Hong Kong, arguably the most independent financial and commercial business center in Asia, will revert to China, possibly the world's most controlling government. What will change? The answer to that question, say many experts, is like China itself-difficult to guess, and almost impossible to know for sure. To understand how Hong Kong's reversion to China is being talked about, Thunderbird spoke with several alumni and professors who have spent time on the front lines of Asian business. Some T'birds are pessimistic about Hong Kong's chances. They point out the Middle Kingdom's history of strictly controlling internal affairs as an indication of how Hong Kong will be run. "Hong Kong is an exciting place, where anything is likely to happen" says one alumnus. "But you will have to have the stomach for it." Others are cautiously optimistic. They believe that change is inevitable given China's national pride, but that THUNDERBIRD 49 131 1995 Hong Kong is basically too important to China's economic future for Beijing to radically alter the status quo. "Hong Kong is still the gateway to the mainland" notes another alumnus. "Business activities will continue here and individuals will make their fortunes. No one knows for sure what the final outcome will be, but I do not think 1997 will mean the end for Hong Kong." Still others see the change from China's viewpoint. "With patience, and with understanding, the integration of China into the world economy will her-ald the beginning of a new era of global economic vibrancy" The Honorable Dr. David K.P. Li, deputy chairman and chief executive officer of The Bank of East Asia, Ltd., and Thunderbird trustee, told the audience at the School's recent Asian reunion in Hong Kong, where over 125 alumni and supporters from all over Asia discussed current business issues (see p.39 for coverage and plwtos). Despite these differing opinions, perhaps the most telling fact about the impending takeover is the underlying reluctance among many T'birds to speak openly about what is happening today, and what might happen in the future. Staring into that future, some Tbirds, like most business people in Hong Kong and China, understand the value of keeping a low public profIle when dealing with China. No matter which way 1997 goes, one thing is for certain: Beijing does not like to be backed into a corner. DOUBLE DECKERS: <1: The vestiges of British rule will ~ always remain in Hong Kong. THE GOLDEN GOOSE George O'Keeffe '77, vice president and managing principal, worldwide information services, at Unisys (Asia) Ltd. in Hong Kong, is one of the optimistic ones. "I think Hong Kong will remain business as usual for the most part after 1997" says O'Keeffe, who is also a member of Thunderbird's Global Advisory Council. "The Chinese are a very pragmatic people. They will try to ensure they don't kill the goose that lays the golden egg." O'Keeffe says the reason China will not extend too heavy a hand over Hong Kong is for practical reasons. "If they do, foreign businesses will bail out and capital will flee. That's the last thing China needs in terms of continued economic growth for all of China. Hong Kong is extremely important to China, and will remain so for 20 to 30 years. " Yet while O'Keeffe is generally optimistic about Hong Kong's future, he is also an experienced Asia watcher. He says that he has worked in Asia too long to think that there won't be some measure of serious uneasiness when China takes control of the British colony. "While China has a very good history of sticking by its agreements, it's still too early to say what will eventually happen. 1 believe you will see a lot more posturing from the Chinese but without significant change in the status quo." O'Keeffe believes the most natural outcome in 1997 is that Hong Kong will continue to be run by the local government and business establishments, but "with more influences from Beijing. " The one area O'Keeffe strongly asserts China cannot afford to change is Hong Kong's 'rule of law' [the legal framework upon which business, politics, and freedom is based]. "The rule of law is the single most important element of Hong Kong's success" states O'Keeffe. "It is the thing of most concern to both foreign businesses and the local populace. If the rule of law changes, it will destroy confidence in the system, and Hong Kong is built on confidence." MIDDLE-CLASS FEAR: Will freedom be curtailed? Don't miss A Prisoner of Its Own Success? the 1996 Asian Reunion, Sept. 6-8 in Singapore! (call 602.978.7135) Professor John Frankenstein, a senior lecturer at Ow University of Hcmg Kcmg Business ScIwol and senior research associate at Thu7Ulerbinl, Iu;u; observed d.eveInpments between Hcmg Kcmg and Chinafor over 40 years. This past April at Ow Asian reunion he 1II.Oderated a business panel on Ow lessons learned in Ow China market by multinational companies. On a recent trip to Thu7Ulerbinl, he spoke on what might Iulppen in 1997. China's political culture. But there have been many surprises over the last 15 years. Who knows? • What about the competition between Hong Kong and Singapore? Many inside and outside of China believe that Shanghai is a much more viable threat, and will reemerge as the most important financial center. The city is being transfonned. Before w. w.n, Hong Kong was a • How did the sleepy town and reversion of Hong Shanghai had all of the Kong to China action. The thinking is arise in the first that Hong Kong will place? remain to service I believe it came about Guangdong. Most of when Margaret the economic activity Thatcher, filled with there is financed from the flush of victory Hong Kong already. over the Argentines in Shanghai lies near the the Falkland's war, . Yangtze river and is in came to Deng Xiao- FRANKENSTEIN: 40 years expenence the heartland of ping in the early 1980s wishing to renew Chinese industry and technology. It is the lease. No one in China wanted to Chinese driven, whereas Hong Kong is deal with this issue. Chairman Mao is on more foreign-interest driven. Remem-record sa,ying, "Let Hong Kong be Hong ber, the post-1992 boom in China Kong." But once the issue was raised, started in Shanghai. there could be no other answer than to say that China would be taking Hong Kong back. During the early 198Os, rising nationalism resulting from the inability to reunify Taiwan almost mandated that Deng Xiaoping make this stand. Essentially, in 1997 the landlord is calling in the lease. • What will the Chinese do in 199n The Chinese theory of what will happen in 1997 is that Hong Kong will become the central a.dministrative center of China. Likewise there will be a basic law that under the rubric of one country-two systems, Hong Kong would be allowed to have unchecked development for the next 50 years with the current legal system unchanged. Many who have stud- ~ ied China are skepti.: I: cal about this, given • What do people in Hong Kong fear about 199n Some in Hong Kong are concerned that things will become a little less structured and corrupt, as China doesn't understand Hong Kong fully. There are some minor crime problems, but Hong Kong has a wonderful public transport system, a communications system, and is culturally vibrant. Many fear that China will inadvertently mess things up. The middle class in Hong Kong leads a comfortable and free lifestyle today. They fear that the control will shift from the economy to their lives. • What control will Beijing assert? The older generation of China sees the issue of regaining Hong Kong not in economic terms, but in terms of finally ending the Opium War and regaining controL Hong Kong will be very dependent upon the whims of Beijing. The dependency relationship has been reversed. Yet many feel that China would never kill the golden goose. In reality, Hong Kong is a prisoner of its own success. THUNDERBIRD 49 131 1995 HONG KONG STREET OPERA: Will 1997 bring tragedy or comedy to the British colony? PRAalCAL PEOPLE According to Min Chen, assistant professor of international studies, the question of what will happen to rule of law in Hong Kong is the million dollar question come 1997. "The Chinese are practical people" explains Chen, who is an expert on the Asian region, particularly China and Hong Kong. "I think rule of law must remain in Hong Kong." Yet Chen is also practical himself, and knows that the most important thing to Beijing is the ability to control its own affairs. "I wouldn't rule out the possibility of China interfering in legal matters that have political implications." Chen also believes that China's real concerns are not necessarily what the popular media portrays them to be. "What China really feels bitter about is the timing of Britain's move to greater direct representation in the legislative council" notes Chen. He says China is understandably angry that Great Britain suddenly shifted from a representational election system that allowed government appointees, to one based on popular elections by the people. "All China wanted was the same thing Great Britain had until they changed the rules-the ability to appoint people sympathetic to the ruling government." However, in the recent Hong Kong elec- 4 THUNDERBIRD 49 131 1995 tions, the pro-democratic party trounced the Beijing-backed candidates. This, says Chen, is a change that does not sit well with Beijing. "What China really wants is a pro-Beijing government, and to keep Hong Kong the financial and trade center it is now. With the new system of direct elections, it is hard for Beijing to have the control it desires. " Like many others, Chen believes that China's treatment of Hong Kong is in direct proportion to the colony's economic importance to the mainland. "China has a great stake, both politically and economically, to make Hong Kong successful" notes Chen. "I do not think China will take any dramatic steps to affect Hong Kong's stability. " Chen says he ultimately sees Hong Kong remaining a free business center, but with what he calls 'limited political freedoms.' "What I mean by limited political freedoms is that people will be able to talk about Hong Kong, but not about China Anything that might cause anxiety to Beijing will be restricted. " In many ways, Chen believes China is not so much worried about allowing freedom to Hong Kong, as it is about Hong Kong's potential impact on mainland China "That is the lesson the government learned from Tiananmen Square. Hong Kong will be restricted in terms of anything that is sensitive to China" Asian Cuniculum Below if a 8G'IIIIJ'lle of 7Jautuler6inl couna and f11'OfI"tJ'1M ". .,...,.. cally pnIJJCIN""""'ftw ~ in .Asia: Coursas • REGIOItAL IUSlNlSS EJMRON.. MENf. ~. 0Mn CON:<.Iateci f'oeus on po1UieaI8IId aodal factolB u.t shape the IeIIltIes ofbusine81 in ~ addreaIes the Je8lon's hist.cJrJ, ..,.. pity, poJitlcs, culture, economlc!a, JaWs, and CUI'ftIIIt buaIness .... • MODlIN OIINA: Pro9kIeIIIiIMuced undeist&hdlug ott:he QdQeae IDIIbt (PRe, TaiwaD, 1lOIII Konc) 8Dd fIB ~ of doing busIIua, includIbi culture, tradition, NItgIob, ideolOlY. poIIdta, aDd economics. • ASEAN: FaploneImportaDt ...... issues reIatAId to ASEAN COUl\tJies, including I18&ioDdsm, I1liAJn I ..., regional economie and bUIiDeas dMlopment, .... fNIIIQ. al1d~. • COMPI1I1MMISSANO ..... GE MENT IN ASIA: Eumiiles tbeidueDce of.Asian eultural tIIdtaioBs onlJuelnees compares regiotIal flade ~ .' addresses the practical upedB ofa. West joint ventures and t'OJIIUW"'daJ negoUadons. 0tMr1fUl,jqr oot.neS: ModemJapan and Korea; int.eIIsive Qdnese and Japueee language PNlPalns; Intemattoaal Political Economy (lPE). Winterim Progt_ns • WA4iEiW TOKYO: SD ... explore fIrsI;haDd the pl'OCBI."wbIdl foreign COlpoliidions enter the Japaoese market; includes Involvement of c0rporations, executlves, and Japmeee pemment agencies. • ASIAIPAOfIC _ MMACaIENT: Studenm encounter cbal1en8es of statlIng, joint-venture management, technology transfer, etbics, and distribution in Korea, Japan, India, VieIDam, China, Siberia, and other Asian nations. OVerseas Programs • CHINA: Ten-week language, culture, poHUcs, and business practices seminar split between the Sbangbai Univenlity of Finance and Economics and the University of International Busine8s and Economics in Beijing; students visit Chinese companies andjojnt ventures, travel throughout China. • JAPAN: 1'hundeIbh'd Japan Center, a ~-round educational faciIIt¥ malntained in metropolitan ToQo. • KOREA: Semester exchange program with the Graduate School of International StudIes at Yonset University in Korea. USING HONG KONG Craig S. Heinz '81, managing director of STIR International Holding BV, represents Asian companies moving into the European markets as well as foreign companies moving into Asian markets. One of Heinz's clients is a direct sales company, similar to Avon or Amway, that is currently making inroads into the heart of China. Heinz contracts with Chinese distributors who act as entrepreneurs for his client. From this mainland "grassroots" level, he sees the China-Hong Kong drama slightly differently. "I believe Hong Kong is going to capitalize China, rather than China communizing Hong Kong" asserts Heinz. "My experience is that the Chinese are slowly feeling their way toward capitalism. The Chinese people want to buy things. This is especially true in the southern provinces and the coastal areas. What I mean to say is the concept of capitalism is the thing that will overtake China, not Hong Kong itself." In fact, Heinz envisions blending occurring in both directions-Hong Kong will become more like China, and China will become more like Hong Kong. "People used to go into Hong Kong to followed ~y economic seminars in 'Kuala L1l!l1pur, Singapore and , Hong Kong. A 12 Day exotic adventure 'in Borneo and Langkawi followed by six days of Pacific Riqt Economic Seminars • LEGISLATIVE BUILDING: Any threat to rule of law could destroy confidence in Hong Kong. connect with China traders. Now they go straight into mainland China to do business. I personally see China becoming more of a central trading hub itself, and I see Hong Kong becoming just another big mainland city." In the short term, Heinz says there will be some economic cleansing and a period where China lets Hong Kong know who is boss. "I think a low profile will suit Hong Kong well in the short term, since once China takes control Hong Kong won't have any weight to push around. In the long term, however, I see them both absorbing each other. The two will simply learn to get along." PlAY 0NIx. Dec:em6er 21.at • Your Adventure Begins • Snorkel on Sapi Island • Golf the rainforest of lush Langkawi Island ~ • Ride white wat~r rapids on the ~adas River • Relax by the pool As someone who has more allegiance to China than to Hong Kong, Heinz also sees some of Hong Kong's stature as a financial center shifting to mainland China "I see Shanghai growing in leaps and bounds" says Heinz. "It's a city people like to like. Many insurance companies and banks are now basing their headquarters in Shanghai." Whether a lot or a little of Hong Kong's power shifts to China, Heinz thinks that the colony will play a very important role in China's present and future growth as an economic superpower: "China will definitely use Hong Kong to continue to learn" he says. PESSIMISM Not all T'birds are optimistic about 1997. One Hong Kong alum, who requested anonymity in exchange for candidness, says that Hong Kong's future is not as bright as some might think. Thunderbird: What is your overall view on what will happen when Hong Kong reverts to Chinese rule? Executive: I believe Hong Kong will continue to function on the surface very much the same as before. However, we will be affected by a change in the press, Hong Kong's openness towards • ~arch for the 'elusive orangutans in the Borneo Rainforest • Cruise the Sukau River in search of the Proboscis Monkey • Christmas will be.spent a~the Shangri-La's Tanjung Aru Resort Contact: 800.9.ASLAN.9 complete with a special dinner. . WORK Om~ January 1·7· Economic Opportunities Available Sponsored by the-Economic Co~ssions' of Malaysia, Sjngapore, Hong Kong and the Peoples Republic of China. OR Do BorH! 'lilt Asi.AN ADVENTURE'S ' . ~ ~ ~'l11'\\.f 20440 Saplual Drive, Santa'Clarita, CA 91350 TEL.80S.297.9100 / FAX.80S.297.4044 e-mail: inte~et:02170.3602@1compu~erve.com the West, and a sharp decline in its opposition of Beijing. Individual freedom of expression will be tried to the limit. The Chinese will only tolerate so much speech against the Party, and they will probably invoke some sort of state emergency if a true demonstration against the government occurred here. The Chinese will not change their doctrine for Hong Kong. They will bend the rules of the 50- there is a government to look after them and tell them what to do, they will not be too affected if they lead simple lives and obey the authority. They know Hong Kong will remain affluent. Companies are still considering what a Hong ld daughter, Danielle." Kathryn D. Barrios '76 is managing director at Americas Consulting Group in Stamford, CT. Clipton Flenniken, III '76 is assistant treasurer at AEGON U.S.A., an insurance holding company. Richard E. Frank '76 directs marketing at Ferromatik Milackon in Malterdingen, Germany. John D. Stevenson '76 is director of sourcing and production at Initiatives, Inc., a trading company. He lives with his wife, Annick Kerrest, in San Antonio, TX. Vahe Asadourian '77 is president ofVatco Properties, Inc. and Olympia Management Co., a real-estate investment firm. He resides with his wife, Thelma, and their two children in Houston, TX. Christopher C. Bergin '77 is treasurer of Waters Corp., a manufacturer and distributor of chromatography instruments. He resides with his wife, Carole, in Wellesley, MA. Frederick C. Bromberg '77 is vice-president for banks and brokers at J.P. Morgan. He and his wife, Lauren, live in New York City. Elizabeth L. Clagett Beck '77 works as foreign markets specialist at Fidelity Investments in Boston. Gerald W. Hallett '77 is sales and marketing manager at MCI in Carmel, IN. Sally Ingalls Rudd '77 directs 26 THUNDERBIRD 49 /3/ 1995 UPDATES marketing at Todd & Associates, Inc., an architecture services firm in Phoenix. James S. Jehovics '77 works in marketing at Occidental Petroleum Corp. He resides with his wife, Linda, in Sugarland, TX. Frank R. Jent '77 is in charge of private banking for nothern Europe at DG (Schweiz) Bank A.G. He lives with his wife and two-year-<>ld son in Ote1finge, Switzerland. William K. King '77 works as district sales manager at Mann Roland, a printing press manufacturer. He resides with his wife, Suzan Wanandar-King '78, and their seven-year-<>ld son, Brian, in La Crescenta, CA. Craig O. Klopfieisch '77 is mayor of Celina, Ohio. He is also involved in retail sales and services, real estate development and management. He and his wife, Nancy, have two children, Thomas and Julie. Jeffrey B. Morris '77 is a government banking officer in cash management sales at U.S. Bank in Portland, OR. Scott Nation '77 manages sales at Awning Doctors in Tucson, A'l. Vicki L. Warren '77 is a consultant at Omega Performance Corp. in Richmond, VA. CORREaJONS & CLARIFICATIONS In the last issue, Thunderbird mistakenly reported that Ibrahim Fahoum '78 had recently relocated to Australia as managing director of Arab Bank. In fact, he has been the managing director of Arab Bank Australia, Ltd. for the last six years. Fahoum writes that last year, Arab Bank Pic. became the first foreign bank to receive approval from the Australian Government to carry on banking business in Australia as a locally incorporated bank. '78 George A. AbreU is president of AEI Falcon Project Forwarding in Houston, TX. C. Joseph Atteridge is president and chief operating officer of Anasazi, Inc., a reservation systems and services supplier in Phoenix. Byron W. Battles is telecom consultant at Booz-Allen & Hamilton, Inc. in McLean, VA. Denise Burka Iskow is administrative assistant at Temple Shalom. She and her husband, Sheldon, live in Rockville, MD. Lawrence Camp is senior privatization advisor for Central & Eastern Europe at USAID. He lives in Bethesda, MD. Stephen B. Gasser is founder and president of Japan-America Consulting ServiCes, a firm that advises and trains executives to build their busin.ess with the Japanese. He lives in Redmond, W A. Barbara Lanning Hutson manages international sales and marketing at Chatsworth Products, Inc., a manufacturer of datacom framework systems in Miami, FL. Gerald Mathews is president of Mathews Furniture Co. in Fruitport, MI. Frances McCutchon is administrative assistant at the University of California in Santa Barbara, CA. Charles L. Nunu works for Bliesener & Cie S.A., an agricultural commodities trading company in Prangins, Switzerland. JoAnn Seager directs programs and events at Zenith Data Systems, a computer manufacturer in Bufffalo Grove, 1L. Judi A. Shane is chief procurement officer for the U.N. Mission for the Verification of Human Rights in Guatemala She lives in New York City. Suzan Wanadar-King is vice-president of Citibank, N.A. She lives with her hus-band, William King '77, and their sevenyear-<> ld son, Brian, in La Crescenta, CA. Sinda L_ White is controller of Eliason & Knuth Companies, Inc. in Omaha, NE. '79 Jill E. Apple Amirpashaie Jjves with her husband, Siavash Amirpashaie, in Woodbridge, Virginia She teaches sixth grade; he is chief financial officer at Bee & H. Electric Co. They have two girls, twelve-yearold, Kathryn, and ten-year-<>ld, Carolyn. Ali Mohammed Bahaj is treasurer/controller at Caterpillar, Inc. in Soo Paulo, Brazil. Brian Ballard is editor of The Wichitan at Midwestern State University in Wichita Falls, Texas. Kathryn A. Banks is vice-president at NationsBank of North Carolina in Charlotte, NC. John W. Blair is vice-president ofIKS American Corp., a manufacturing firm in Gardena, CA. Jay Brandon directs business development at Tektronix, Inc. in Wilsonville, OR. John C. Cook is managing director at Institutional Investors Consulting Co. He, his wife, Tania and their two-year-<>ld daughter, Shelley, live in Zurich, Switzerland. Craig F. Dawson is prinCipal at Catalyst Partners, Inc., a consulting service in Colorado Springs, CO. Donna M. DiBiasio and her husband, Brian, announce the birth of their daughter, Dena Samara Goldblatt on February 27, 1995. Maarten Fleurke is president at ACO Polymer Products, Inc., a manufacturer and marketer of trench drainage systems, in Chardon, OH. Gary Grafel is owner of Melaleuca, Inc. a producer of personal hygiene and home cleaning products. He lives with his wife, Melinda, in Santa Rosa, CA. David E. Hanas is vice-president and financial consultant at Merrill Lynch in Evansville, ID. David D. Johnson is president of Komatsu Howmet, Ltd., a supplier of investment casting for gas turbine engines. He and his wife, Cynthia Johnson, live in Ishikawa, Japan. Thomas C. Lawson is public finance vice-president of Sumitomo Bank in Atlanta, GA. C. Henry Longmire is development officer and account manager at the Massachusetts Executive Office of Communities and Development in Boston. Christopher H. Lundh is vice-president for Europe at GlotsalInternational in Concord, CA. Walter Maeda operates the Kilimar\iaro Bus Company and is an entrepreneur in the tourism and farming industries in Tanzania Peter J . Martin sells commercial insurance for Sentry Insurance Co. He and his wife, Nancy Fuhrman, live in Stone Mountain, GA. Rajeev Merchant is managing director of strategic planning and business development for South Asia at AT&T. He lives in New Delhi, India with his wife and their three children. Suzanne O'Hanlon Markle is a selfemployed attorney in Research Triangle Park, NC. Taco Proper is public relations vicepresident at IMP AC, a communications company in Hong Kong. Kimberly A. Schulman Tieman is producer and announcer at Peachstate Public Radio. She lives with her husband, John Tieman, in Newman, GA Carl E. Sjoquist works as a software consultant at Yankee Object Software. He lives with his wife, Dagmar, in Marshfield, MA. Mark L. Walher works as market manager at ShepardsIMcGraw-Hill, Inc. in Colorado Springs, CO. Marianne Wallach has five daughters aged seven months to ten years. She lives in Milwaukee, WI. Jose Lnis Zepeda recently clin1bed Mt. Kilimar\iaro, Africa's highest peak. He is a banker with The First National Bank of Chicago in New York City. ALUMNI FOCUS First MBA Program in Vietnam Nancy Napier '75 and Anthony Olbrich '75 helped create the first graduate business program in Vietnam For T'birds Nancy K. Napier '75 andAnthony W. Olbrich '75, normalization of relations between the u.s. and Vietnam lwlds special signiju:ance. The Thunderbird pair recenUy traveled to Hanoi as instructors to help create the first u.s.accredited graduate business program in Vietnam. ''Vietnam is a country that few Americans consider witlwut emotion, " says Napier, wlw is professor of international business at Boise State University in Idalw, as weU as director of the Institute of Global Competitiveness. "Tony and I have had the chance to become part of something that we hope wiU queU some of tlwse emotions. " The landmark education program, funded by the Swedish International Development Autlwrity and managed by the University of Hong Kong, aimed to train hand-picked instructors from the National Economics University of Hanoi to become Vietnam's first MBA faculty. In August, Napier and Olbrich (a vice president of corporate banking at West One Bank in Idalw) helped graduate the program'sfirst 29 students, wlw wiU be instrumental in developing a model business education program for their entire country. FoUowing is a personal account of their experience in Vietnam. In spite of its current challenges, the future bodes well for Vietnam-particularly if many of its people are like the ones we have met during the MBA program. The 29 participants, eager to learn, questioned us on everything from how businesses grow in the U.S. to how many children the U.S. government "allows" families to have. Thrilled to have access to what they called a "real banker" (my husband), the participants overwhelmed Tony with their requests for detailed explanations of a wide range of banking issues. Although in many cases they were dealing with concepts about which they had little first-hand experience (such as the profit motive or the benefits of competition), their questions were articulate and precise. Compared to many Asians, the Vietnamese are more open and direct. Their warm welcome of their first American instructor helped answer the question we all held in our minds: What would the Vietnamese reaction to Americans be? When asked what they thought of the Vietnam War, the Vietnamese consistently say, "That is the past, we are concerned about the future. " The participants captured our hearts for many reasons. They bravely wrestled with learning to understand American accents and idioms. They made each of the more than 20 instructors feel like the most important and valued teacher they have ever known. Moreover, they did so under conditions that would make many of us fizzle. They grapple with frequent power outages, coupled with typhoons in summer. Temperatures hover in the 90s and 100s from April to October, with hwnidity to match, making chalk crumble and overhead projectors steam up. By day, they work on computers loaded with the latest software available (courtesy of the grant). By night, they return to small apartments, shared Nancy K. Napier '75 and Anthony W. Olbrich '75 have helped create the first U.S.-accredited grad· uate business program in Vietnam. Here (left, and above right) they stand with some of the pro· gram's first graduates. who will be instru