Indiana State University Newsroom

Honorary degree, international medals to be presented at commencement

April 28, 2008

An Indiana State University alumnus who is an internationally recognized banker and financier will be the recipient of an honorary degree and a medal recognizing his international service during the university’s spring commencement ceremony Saturday (May 3).

Paul Lo, chairman of Bank SinoPac in Taiwan, will receive an honorary doctor of laws degree from Indiana State President Lloyd W. Benjamin III, who also will present Lo with the university’s Presidential Medal for International Service.

Prior to founding Bank SinoPac, Lo held various positions with Citibank for 17 years in New York, San Francisco, Los Angeles and Taipei. With the opening of Taiwan’s banking system to private banks in 1992, he formed Bank SinoPac by raising $400 million in capital. It has since grown rapidly and today has branches and a host of financial affiliates throughout Taiwan, Hong Kong, mainland China, Vietnam, the United Kingdom and California.

A 1970 graduate of Indiana State with a master of business administration degree and a Distinguished Alumni of the university, Lo is a leading force and outspoken supporter of economic growth and international trade between China and the United States.

Lo has been featured in several international, Asian, and American financial magazines including Business Week, Euromoney, The Banker, Global Finance and The Asset. In 1999, he was selected as one of Business Week’s 50 Stars of Asia.

Benjamin also will present a Presidential Medal for International Service to James T. Morris of Indianapolis, who has a special interest and personal commitment to addressing child hunger. Currently president of Pacers Sports and Entertainment, he served from 2002 to 2007 as executive director of the United Nations World Food Program in Rome.

In 2006, the World Food Program fed 56 million children, including special efforts to feed 22 million children in school. He worked vigorously to build the worldwide partnership, led by the World Food Program, UNICEF and the High Commission for Refugees to End Child Hunger.

As the Security General’s Special Envoy for Southern Africa, he led the effort to bring U.N. and humanitarian agencies together to fight the triple threat crisis of food insecurity; HIV/AIDS; and the loss of human capacity in Lesotho, Swaziland, Namibia, Zambia, Zimbabwe, Malawi and Mozambique.

“Before joining WFP, I did not realize just how devastating the lack of good nutrition is for so many people… who are not necessarily caught up in emergencies, but are quietly slipping away in dusty villages, like the one I went to in Malawi,” he said.

Morris previously worked for IWC Resources Corp. and Indianapolis Water Co., Lilly Endowment Inc., and American Fletcher National Bank.

From 1967 to 1973, he served in the Indianapolis mayoral administration of Dick Lugar prior to Lugar’s election to the U.S. Senate. He holds a bachelor’s degree in political science from Indiana University and an MBA from Butler.

Indiana State University’s spring commencement is scheduled for 2 p.m. May 3 in Hulman Center. The processional will begin at 1:45 p.m.

Paul Lo
James H. Morris

Writer: Dave Taylor, media relations director, Indiana State University, 812-237-3743 or

Story Highlights

Indiana State University alumnus Paul Lo, an internationally recognized banker and financier, will receive an honorary doctorate during ISU's May 3 commencement. In addition, Lo and James T. Morris, president of Pacers Sports and Entertainment, will be recognized with the university's Presidential Medal for International Service.

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