FU Chengyu

Professor of Management Practice of Governance and Innovations at Large Corporations, Cheung Kong Graduate School of Business (CKGSB)

Areas of Expertise: Leadership, Entrepreneurship, Globalization, Innovation in SOEs

Mr. Fu was born in Heilongjiang Province, China. He graduated from China’s Northeast Petroleum Institute majoring in geology, and later received a master’s degree in petroleum engineering from the University of Southern California USA..

Mr. Fu has over 40 years of experience in the oil & gas industry. He had been Chairman and CEO of CNOOC, Chairman of SINOPEC, member of the 17^th the Central Commission for Discipline Inspection (CCDI) and member of the 12^th Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC), a political advisory body in China.

He was the member of the board of the UN Global Compact (UNGC) and is Honorary Chairman of UNGC Network China.

He is currently the Board Member of Trustees of the University of Southern California and the member of the Advisory Board of Center for Global Energy Policy (CGEP), Columbia University, member of the board of directors of the school of international strategy of Peking University, vice chairman of the industrial transformation advisory committee of the Internet industry research institute of Tsinghua University and the member of the University council of Shanghai Tech University.

Over last 40 years in the oil industry Mr. Fu had almost 20 years experience working with international Oil & Gas companies in Joint Venture and he was one of the first Chinese executive appointed by foreign company in China in 1995.

Mr. Fu has been well recognized in the global oil & gas industry and the capital markets. He won numerous recognitions and awards, including “Asian Oil & Gas Industry’s CEO of 2004”, “China Economic Person of the Year” by CCTV and “The 14 Most Important People of the Year” by The Times in 2005, “The 10 Leading Figures of Chinese Enterprises” and “Strategic Vision Award” by the World Economist Group in 2006, “Best Executive in Asia” by Asia Money in 2007, and “Most Influential Business Leader in China” by Fortune Magazine in 2008. He was among “The 50 World Business Persons of the Year” by Fortune in 2011 & 2012, and “The 12 Most Noteworthy Business Leaders in the World” by Wall Street Journal in 2012. He was elected “World Oil & Gas Leader of the Year” by Energy Intelligence Group in 2012. He received the “Legendary Business Leader” award by Yale School of Management in 2013 and “Asia’s CEO of the Year” by Platts in 2014. He was selected into the list of “40 Chinese returnees after 40 years of reform and opening-up” released by CCG, and won the model of “outstanding entrepreneurs in the past 40 years” selected by IFENG. He was awarded “2019 Lifetime Achievement Award for International Energy Policy & Diplomacy” by Al-Attiyah Foundation Qatar. Among his other awards, there are “Excellent Practitioner on Environment and Development” by the UN Environment, and “South-South and Triangular Cooperation Champion 2013” by the United Nations Office for South-South Cooperation. He has also won several domestic management and technology awards.

Work Experience

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Major technology awards
1. The scientific and technological innovation system of China for offshore oil and gas exploration and development,2010—National science and technology progress award, first prize
2. Practice and innovation of the pearl river estuary basin (east), which has been rapidly built and steadily produced over 10 million cubic meters of crude oil for ten consecutive years,2006—Special prize, ministry level
3. CNOOC huizhou oil refining project 2010—Gold award, International Mega Project Management
4. Risk management for large oil companies based on benefit, efficiency and risk balance, 2009—The 16th National Innovation Award on Modernization Management, first prize
5. Comprehensive emergency management system construction for large offshore oil enterprises, 2010—The 17th National Innovation Award 0n Modernization Management, first prize
6. International cooperation management of the whole LNG industry chain based on mutual benefit and win-win results, 2010—The 17th National Innovation Award on Modernization Management, second prize

Patents
1. The utility model relates to a deepwater semi-submersible drilling platform，2011，Patent type: utility model patent, patent number：ZL 2009 2 0220307.7

Essay and books
1. Book, Exploration and development of unconventional oil and gas resources, 2015, Sinopec press
2. Book, Risk integration management of large state-owned enterprises and risk management analysis of engineering projects, 2011, China development press
3. Book, Collected papers on Marine Petroleum Science and Technology during the Eleventh Five-year Plan, 2011, Sinopec press
4. Book, Management Innovation of Large State-Owned Enterprises — The Exploration and Practice of CNOOC, 2011, The commercial press
5. Essay, Risk Management Based on Benefit, Efficiency and Risk Balance, 2010, China petroleum corporation, 3rd issue, 2010
6. Essay, The Global Nature of Energy Security, 2007, China Petroleum Corporation, the 5th issue, 2007
7. Essay, We will Promote Human Resources Work in a spirit of Reform and Innovation, 2008, China petroleum corporation, the 8th issue, 2008
8. Essay, Social Responsibility is the Practice of CNOOC, 2006, China petroleum corporation, 3rd issue, 2006
9. Essay, Evaluating Effects of Culture and Language On Safety, 1999, JPT