SPEAKERS
Mr. T. Timothy Ryan, Jr.
CEO
GFMA
President & CEO
SIFMA
Prior to joining SIFMA, Mr. Ryan was Vice Chairman, Financial Institutions and Governments, at J.P. Morgan where he was a member of the firm's senior leadership. Mr. Ryan is a director of Lloyds Banking Group, Lloyds TSB Bank plc, HBOS plc, Bank of Scotland plc, Putnam Investments, LLC, Great-West Life & Annuity Insurance Company and The U.S.-Japan Foundation. He is also a private sector member of the Global Markets Advisory Committee for the National Intelligence Council (NIC). From 2002 to 2004, Mr. Ryan was a member of the US-Japan Private Sector/Government Commission with responsibility for Corporate Restructuring and NPL workout. Mr. Ryan also served from 2000 to 2004 as a Board Member and Chairman of the Audit Committee at Koram Bank in Seoul, Korea.
Prior to joining J.P. Morgan in 1993, Mr. Ryan was the Director of the Office of Thrift Supervision, U.S. Department of the Treasury. As OTS Director, Mr. Ryan was principal manager of the savings and loan cleanup which involved closing approximately 700 insolvent institutions, improving capital bases and selling over $300 billion of assets. Mr. Ryan was a Director of the Resolution Trust Corporation and a Director of the Federal Deposit Insurance Corporation. From 1983 to 1990, Mr. Ryan was a Partner in the Washington, D.C. office of the law firm Reed, Smith, Shaw & McClay, where he headed the Pension Investment Group and was a member of the firm's Executive Committee. From 1981 to 1983 Mr. Ryan was Solicitor of Labor, U.S. Department of Labor. Mr. Ryan is a graduate of Villanova University and American University Law School. He served as an officer in the U.S. Army from 1967 – 1970.
Mr. Shi Wenchao
Executive Vice President and Secretary-General
National Association of Financial Market Institutional Investors (NAFMII)
NAFMII is a self-regulatory organization in China's inter-bank market. As a pioneer in the improvement and internationalization of China's financial market, NAFMII adopted a shelf registration mechanism for the issuance of non-financial enterprise debt instruments. It is responsible for secondary market trade monitoring and self regulation in the OTC bond and derivatives market. Led by Mr. Shi Wenchao, NAFMII organizes market players to promote market innovation. Several milestone instruments and products were launched by NAFMII, including MTN, Credit Risk Mitigation Instruments (Chinese version of CDS), SME Collective Notes, Super & Short-term CP, and Private Placement for bond issuance. NAFMII also organizes market players to formulate market standard documents such as the NAFMII master agreement for derivatives trading.
Mr. David P. Loevinger
Senior Coordinator and Executive Secretary for China Affairs and
the U.S.-China Strategic and Economic Dialogue
U.S. Department of Treasury
David Loevinger is the Treasury Department's Senior Coordinator and Executive Secretary for China Affairs and the U.S.-China Strategic & Economic Dialogue. In this role, he leads the U.S. Government's negotiations with the Chinese government on the economic track of the dialogue.
Prior to his appointment, he was the U.S. Minister-Counselor for Financial Affairs to the People's Republic of China. As the Treasury Department's first permanent representative to China, he was responsible for deepening U.S.-Chinese engagement on financial and macroeconomic issues, including exchange rate policies. He played a major role in the establishment of the U.S.-China Strategic Economic Dialogue.
Previously, he was Deputy Assistant Secretary for Africa, Middle East and Asia at the Treasury Department, where he represented Treasury in APEC and other multilateral fora. He led efforts to encourage large Asian economies to adopt more flexible exchange rate regimes, tie U.S. assistance for countries such as Turkey, Israel, Egypt, and Pakistan to the implementation of economic reforms, and provide debt relief to countries such as Pakistan, Nigeria, and those affected by the 2004 Tsunami. His earlier positions at Treasury included Special Assistant to the Under Secretary, Assistant Attaché in Paris, and Economist on the Mexico Crisis Task Force.
In 1995-1999, Mr. Loevinger worked at the International Monetary Fund, first in the U.S. Executive Director's office and then as an economist designing loans to Caribbean countries.
Mr. Loevinger received a B.A. from Dartmouth College in 1984. In 1988, he completed a Master's in Public Policy from the Kennedy School and then spent three years working for the Office of the U.S. Trade Representative, the Senate Banking Committee, and the U.S. Commerce Department.
He is married with two children. His hobbies include playing sax in rhythm and blues bands and skiing.
Mr. Liu Jun
Executive Vice President
China Everbright Bank (CEB)
Mr. Liu is the Executive Vice President of China Everbright Bank and is responsible for investment banking, interbank markets and the funding business. He is the Chairman of the Professional Committee of Financial Derivatives of NAFMII and has been a leader in the advancement of many of important instruments and mechanisms in the Chinese financial market. CEB is one of the largest national commercial banks in China and is listed in Shanghai Stock exchange.
Mr. Liu Chenggang
Assistant General Manager, Financial Market Department
Bank of China
Mr. Liu is the Assistant General Manager of the Financial Market Department at Bank of China and is in charge of the securities investment business. Bank of China, a leading bank in the Chinese market, is listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. As the most international and diversified bank in China, Bank of China provides a comprehensive range of financial services to customers across China and 29 overseas countries. The global market practice and experience of BOC contributed significantly to the internationalization of China's financial market.
Mr. David Liao
Managing Director, Treasurer and Head of Global Markets, China
HSBC Bank (China) Company Limited
Mr. Liao joined HSBC in 1997, engaging in the HKD bond market making business, during his time HSBC has built up a leading role in issuance, underwriting and market making for HKD corporate and financial bonds. In 2000, Mr. Liao expanded his role to overlook the Greater China and Singapore local bond trading business. His focus is directed to the China market in 2003, taking HSBC to become an early participant of China's QFII (Qualified Financial Institutional Investors) scheme, and functional in charge of China's sales and trading business. In May 2005, Mr. Liao took up the current role of Treasurer and Head of Global Markets for China, and has built up HSBC as the leading Global Markets business in China in terms of assets, turnover, profitability and product access among foreign banks.
HSBC established the locally incorporated HSBC Bank (China) Limited from a full branch status in April 2007. Mr. Liao's functional role remained unchanged, he is a voting member of the Executive Committee, Asset and Liability Management Committee and Risk Management Committee for HSBC Bank (China) Limited, engaging in key business and balance sheet decisions for the bank. Externally, Mr. Liao represents HSBC as the standing committee member of the National Association of Financial Institutional Investors (NAFMII) and the National Debt Association of China. Mr. Liao individually represents NAFMII's fixed income working committee and derivatives working committee.
Ms. Tang Lingyun
Deputy General Manager, Financial Market Department
Industrial and Commercial Bank of China (ICBC)
ICBC was the largest listed bank in the world with a market capitalization of $233.5 billion by 2010. As Deputy General Manager of the ICBC Financial Market Department, Ms. Tang is in charge of RMB bond investment, monetary market financing, underwriting of debt financing instruments, securitization and credit derivative trading. Ms. Tang is an expert and veteran of the Chinese financial market. As a member of the Professional Committee of Bond Markets of NAFMII, Ms. Tang has participated in lots of important decision making for the development of the China bond market.
Ms. Sun Li
General Manager, Investment Banking
China CITIC Bank
Ms. Sun is in charge of investment banking at China CITIC Bank. China CITIC Bank is one of the earliest emerging commercial banks established during China's reform and opening up. It is among China's first commercial banks engaging in the financing in both domestic and international financial markets. Before joining China CITIC Bank, Ms. Sun had worked for Lehman Brothers Holdings. She has deep insight and understanding about both Chinese and international financial markets and has contributed to many important improvements in China's financial market.
Mr. Craig Broderick
Chief Risk Officer
Goldman Sachs
Craig is the firm's chief risk officer, responsible for credit, market and operational risk, and insurance. He is chairman of the Goldman Sachs Bank Risk Committee, as well as a member of various committees, including the Firmwide Risk Committee and Firmwide Capital Committee.
Previously, Craig was chief credit officer until 2008. Prior to that, he was manager of the European Credit effort based in London from 1986 to 1999. Craig joined Goldman Sachs in 1985 in the Credit Department in New York. He was named managing director in 1998 and partner in 2000. Prior to joining the firm, Craig worked at Chase Manhattan Bank. Craig earned a BA in Economics from the College of William and Mary in 1981. He is a member of the college's Board of Trustees and serves on its Audit Committee and Investments Committee.
Mr. Tee Choon-Hong
Managing Director and Regional Head of Capital Markets, North Asia
Standard Chartered Bank (Hong Kong) Limited
Mr. Liao holds an honours degree in Japanese Studies & Economics from the University of London. Prior to HSBC, Mr. Liao worked in IBJ International (now Mizuho International), trading European Government Bonds.
Mr. Tee runs the bank's Regional Capital Markets, North Asia.
Capital Markets includes all the funding instruments from Syndicated Loans, Bonds (Asian currencies and Cross-border G3 currencies), Asset-Backed Securitisation, Convertible Bonds and related liability risk management derivative products.
He has more than 20 years of capital market experience with strong knowledge of wide range of products including various debt funding instruments, credit rating advisory, asset-liability management, FX, Interest-Rates, Commodities and Equity Derivatives in providing clients a solution based funding advice.
Familiar with the investment criteria and guidelines for banks, insurance companies, public sectors and hedge funds. Visit various type of investors regularly for updates in investors' needs under changing environment.
In Asia, Mr. Tee has engaged in Debt Capital Markets business since 1993, assisting many sovereign, quasi-sovereign and top issuers from the region in their funding and liability risk management program.
Clients include MOF of China, China Development Bank, China EXIM Bank; key Korean issuers like Republic of Korea, KEXIM, KDB, Korea Water, KEPCO etc; key HK issuers like HKMC, MTRC, CLP, Cheung Kong Group, PCCW etc; Taiwanese Banks and Corporates like China Trust, Formosa Plastic Group etc; key Malaysian issuers like MOF, Tenaga, Telekom Malaysia, YTL and Sarawak etc and other regional issuers.
Mr. Huang XiaojunFVP, Head of Research
Bank of China (NY Branch)
Dennis (XJ) Huang is the First Vice President and Head of Research at Bank of China New York. He is also the director of BOC Group's New York Training Center, a member of its Risk and Internal Control Committee and Credit Review Committee. He has been participating in the strategic planning process for the bank's U.S. business expansion. Prior to his career in Bank of China, Mr. Huang had worked in both the Chinese and U.S. securities industries and was involved in the preparation of China's Shenzhen Stock Exchange back in 1989. Mr. Huang is an elected board member of China's Society of International Finance. He has co-authored and published three financial books in Chinese, and Euromoney Yearbook used his article as a reference for institutional investors who invest in China. Mr. Huang completed graduate work in Wuhan University focusing on the modern Chinese Economy and received his Master degree of Finance in the Baruch College, City University of NY. He obtained Portfolio Management Certificate and Bank Strategy Certificate from NYU and Wharton, U of Penn, respectively.
Ms. Susanna Wong
Lead Financial Officer, Capital Markets
World Bank TreasurySusanna Wong is a Lead Financial Officer in the Capital Markets Department of the World Bank Treasury in Washington DC, USA. She joined the World Bank in November 2007. Prior to joining, she was a Director at HSBC based in Hong Kong where she worked in areas of capital markets and asset management. Her other professional experience includes various positions with JPMorgan and Nomura. Susanna Wong holds a MBA from the University of Chicago, USA and a MA from the University of Glasgow, UK.
Mr. Andrew Zhang
Managing Director
JPMorgan Chase Bank
Vice Chairman
JPMorgan Chase Bank (China) Limited CompanyAndrew Zhang is the Managing Director of JPMorgan Chase Bank and the Vice Chairman of the JPMorgan Chase Bank (China) Limited Company, responsible for the business development in China. Since 2004 till March 2011, Andrew was responsible for treasury department, covering Marketing and Trading in China. Prior to move over to Shanghai, Andrew spent two years in JPMorgan Chase Bank Singapore branch, developing the South East Asia emerging market new business. From 1999 to 2002, Andrew was based in J.P. Morgan Tokyo Branch to manage and control the dynamic credit risk. During the Asia financial crisis period in 1998, Andrew was in Singapore doing proprietary trading for J. P. Morgan. Before 1998, Andrew was in Tokyo trading Yen interest rate option and structured product in J. P. Morgan. Andrew joined J. P. Morgan Tokyo in 1992.
Ms. Joyce Chang
Managing Director and Global Head of the Emerging Markets Research Group
JPMorgan Chase
Joyce Chang is a senior research executive at J.P. Morgan, where she is Managing Director and Global Head of Emerging Markets and Credit Research. The 170 research analysts and economists in her groups are responsible for the macroeconomic, FX, rates and sovereign and corporate debt research for emerging markets as well as research coverage of the US, European and Japanese high grade and high yield credit markets. She also manages the Global Index team.
Prior to joining JPMorgan, Joyce was a Managing Director at Merrill Lynch and Salomon Brothers. Ms. Chang has also worked for the United States Agency for International Development in the Philippines, Jordan and India. She and her teams have held top industry research rankings from Institutional Investor, Euromoney and Credit Magazine.
She is a member of the Council on Foreign Relations and the Inter-American Dialogue and serves on the Board of Directors of Trickle Up and Girls Inc. She is also on the steering committee of J.P. Morgan's Investment Bank Women's Network and co-chairs the Development Committee.
She has been featured in numerous industry publications, including the Wall Street Journal (Top 50 Women to Watch), Newsweek (Women Leading the Way) and Crain's Business New York (40 Under 40). In 2010, she was honored by the Asian American Business Development Center as one of the Outstanding 50 Asian Americans in Business.
She received her B.A. from Columbia and MPA from the Woodrow Wilson School at Princeton University.
Mr. Hari Hariharan
Chairman & CEO
NWI Management LP (NWI)
Hari Hariharan is the Chairman & CEO of NWI Management LP (NWI), a hedge fund group specializing in fixed income, currencies and rates with an emphasis on emerging markets. With around $2 billion under management NWI product offerings include a global macro fund, an emerging market fixed income and currency fund, a special credit situations fund and separately managed accounts.
From 1976 to 1993, Hari was at Citibank N.A. during which time he built several different and highly successful businesses for the bank globally. In 1993 Hari founded the hedge fund group Santander New World Investments Group which was spun off in 1999 as NWI Management LP.
Mr. Mark Dow
Senior Portfolio Manager
Pharo Management LLC
Mark Dow is a senior portfolio manager at Pharo Management LLC, a global macro hedge fund specializing in currencies and global fixed income. Dow has nearly 20 years of experience as a policy maker, investor, and trader, much of which focused on emerging markets.
Prior to joining Pharo, Dow was a portfolio manager at MFS Investment Management, where he managed a variety of fixed-income funds, in particular the Emerging Market Bond fund.
Dow began his career in Washington, where he worked as an Economist at the International Monetary Fund and at the US Department of the Treasury. He was involved in many of the sovereign debt restructurings of the 1990s. He did his graduate work at the Fletcher School (ABD Ph.D.) and got his undergraduate degree from UC Berkeley (B.A.). He speaks five languages and is based in New York.
Mr. Paul Denoon
Director of Emerging Market Debt
AllianceBernstein Investments
Paul DeNoon directs all of AllianceBernstein's investment activities regarding emerging-market debt securities, and is also a member of the Global Fixed Income team. Prior to joining the firm in 1992, he was a vice president in the investment portfolio group at Manufacturers Hanover Trust and an economist in the financial markets research group, primarily responsible for analysis of monetary and fiscal policy. DeNoon began his career as a research analyst for Lehman Brothers. He holds a BA in economics from Union College and an MBA in finance from New York University.
Mr. David Rolley
Vice President
Loomis, Sayles & Company
Portfolio manager
Loomis Sayles Fixed Income Group
Dave Rolley is a vice president of Loomis, Sayles & Company and portfolio manager for the Loomis Sayles fixed income group. With 30 years of investment experience, Dave co-manages the Loomis Sayles Global Bond, Global Markets and International Bond funds and the Loomis Sayles Global Bond portfolio. Dave serves as global investment strategist for the firm and also heads the yield curve sector team. Prior to joining Loomis Sayles in 1994, he worked for DRI/McGraw-Hill as a principal and director of international capital market research. His responsibilities included international interest rate and currency forecasting and risk management consulting. Dave also served as corporate vice president and senior US economist for the institutional equity group at Drexel Burnham Lambert and worked as chief financial economist at Chase Econometrics. Dave earned a BA from Occidental College and studied graduate economics at the University of Pennsylvania. He is a past president of the Boston Association of Business Economists.
More speakers to be announced soon. Please check back for updates.