Mr. Yung is a Member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), a Justice of the Peace (JP), Founding President of the Hong Kong Institute of Professional and Senior Executives, and Regional Executive Director of AIA (Hong Kong). In addition, he is a Hong Kong Outstanding Young Person, President of the Hong Kong Outstanding Young Persons' Association, President of the Hong Kong Life Underwriters Association, President of the Asia Pacific Life Insurance Council, and Chairman of the International Committee of the International Association of Life Insurance Managers.