Committee of 100 Chief Financial Officer Savio Tung has been appointed Chief Executive Officer, North America, of Investcorp, the firm he helped found in 1984. Investcorp is based in Bahrain and manages assets for Arabian Gulf investors through corporate investment, real estate investment and hedge funds. Between 1995 and 2009, Tung served successively as Head of Corporate Investment, North America, and Head of Technology Investment. Tung was a founding partner of Investcorp, following eleven years as a senior banker with Chase Manhattan Bank and helped Chase establish representation in the Gulf. Tung returned to Investcorp after two years as an Investcorp advisor and chair of its Technology Investment Committee. Making the news among Investcorp’s recent acquisitions is Sur La Table, an 86-store kitchenware retailer.
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