NEW YORK, June 12, 2017 /PRNewswire/ -- The 16th annual Outstanding 50 Asian Americans in Business Awards Dinner Gala will be held on June 20th at Cipriani Wall Street in New York. This year the top Pinnacle Awardee is Don H. Liu, Executive Vice President and Chief Legal Officer and Corporate Secretary for Target Corporation.

As in past years, the Outstanding 50 Asian Americans in Business Award Gala will include a wide array of Asian ethnicities that represent a microcosm of elite Asian American business owners, professionals and corporate executives across the United States. The award committee identifies and selects outstanding leaders who have built a successful business or who have distinguished themselves in their community. Of those, the committee also identifies top Pinnacle Award recipients who have reached the acme of their professional career and are widely acknowledged as leaders in their industry. This year, the award gala will cumulatively have honored over 700 successful Asian Americans representing over 50 industries and professions. In recognizing this year's role models from the Asian American business community, John Wang, president of AABDC is also highlighting the emergence of the New Majority as America's ethnic minorities are poised to become the biggest combined demographic bloc in coming years.

"We're proud to honor high-achieving Asian Americans in business, and excited to join with Latino, African American to form the new Mainstream Economy," Mr. Wang said.

The Keynote speaker is JuE Wong, former President of Elizabeth Arden, and accomplished global corporate executive and board member.

Asian American Business Development Center (AABDC):

The Asian American Business Development Center, Inc. is a 501(c) (3) non-profit organization established in 1994. It assists Asian American businesses in strengthening their capacity to compete in the mainstream market, to expand business opportunities and to promote recognition of Asian American businesses' contributions to the general economy.

AABDC: www.aabdc.com Outstanding 50 Awards: www.outstanding50award.com

Target:

Minneapolis-based Target Corporation serves guests at 1,806 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals millions of dollars a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.

SOURCE Asian American Business Development Center (AABDC)