Mr. David YOUNG
Candidate for the Supervisory Board
David Young was born in the United States in the year of the Hungarian Revolution, 1956. He has a BA with honors in political science from Oberlin College (Ohio) and a Masters Degree in Russian Studies from the University of Glasgow. He also has a post-graduate degree in economics from the University of Amsterdam.
David first came to Hungary in 1982, working as an editor, copywriter and language teacher. Together with his Hungarian wife and daughter (with a son to follow) he moved to the UK in 1985 where he worked as a freelance journalist before becoming the Central and East European Editor at The Economist Intelligence Unit.
In 1990 he joined PWC in London before returning to Hungary in 1991 to head up PWC’s Marketing and Communications Department. It was at this time that David first became an active member of the American Chamber of Commerce in Hungary.
In 1995 David became the Managing Director of the Közgazdasági és Jogi Könyvkiadó, Hungary’s leading legal publisher (owned by Wolters Kluwer). He restructured the company and led the merger with an electronic legal publisher to create what is today CompLex, one of the most successful companies in the Wolters Kluwer group.
In 1999, together with his Hungarian business partner, David established an executive search and HR consultancy firm, Amrop Kohlmann & Young. Amrop is one of the leading international executive search firms, with 77 offices in 49 countries worldwide.
David has served on the AmCham Board on three separate occasions, and, for the past four years, has been Co-Chair of the Governance and Transparency Committee. In 2012, David and his Hungarian business partner won the Entrepreneur of the Year Award from the National Association of Entrepreneurs and Employers (VOSZ).
David likes reading, films, music, chess, travel and walking. He speaks Hungarian fluently.
Why do you think membership in the American Chamber of Commerce is important for businesses operating in Hungary?
The American Chamber of Commerce is the premier business chamber operating today in Hungary. Its 400 members represent companies from many different sectors and nationalities. Large Hungarian companies, multinational corporations and SMEs are all present in its membership. Hence the AmCham is the place to be to join forces to lobby the government for better business legislation; to network among Hungary's leading companies; and to enjoy oneself at the AmCham's many functions.
What motivates you to be an AmCham Supervisory Board Member?
I feel a very close attachment to the AmCham. I've been an active member in the AmCham since I came to Hungary in 1991. I have served on the board three times, including four years as First Vice President.
I am particularly interested in serving on the Supervisory Board because it is a new and important position. The new Supervisory Board will ensure that the AmCham stays on course, follows its self-stated guidelines, adheres to proper ethics, how it does business and how it relates to its members, staff and community. I would very much like to play an important role in designing and building this new function.
Why do you feel you are qualified? What skills do you bring to the position of Supervisory Board?
I would bring to the Supervisory Board a number of pertinent skills and experience:
• Previous Board and other non-profit experience
• Rich business career with multinationals and SMEs
• Proven willingness to commit time and effort to the AmCham
• Strong belief in taking a practical approach
Also, as Co-Chair of the Governance and Transparency Committee, I have dealt often with issues very much similar to those we will face on the Supervisory Board.
How have you been active in AmCham over the course of the last two years?
Over the past two years I have been the Co-Chairman, together with Laszlo Czirjak, of the Governance and Transparency Committee. The Committee is actively engaged in building awareness of the importance of good governance and integrity in business. The committee’s members regularly operate programs, such as board simulations and Start Your Business lectures at academic institutions around Hungary.
I have particularly been involved in our efforts in the area of spreading knowledge about Corporate Compliance and integrity issues. In the past four years we have organized four international conferences here in Budapest, covering key compliance issues, from early reporting of compliance mistakes to managing your way through a public crisis. Our fourth conference, held just this October, was able to bring over two keynote speakers from the US, an investigative lawyer from DLA Piper’s office in Miami and an FBI agent from Washington DC. Feedback from those who attended was very positive.