Second Annual Shanghai Risk Forum

Shanghai University of Finance and Economics

December 18, 2016 Shanghai

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About SRF

Shanghai Risk Forum

The Second Annual Shanghai Risk Forum (SRF) conference will be held at the Shanghai University of Finance and Economics on December 18, 2016 in Shanghai, China. In the aftermath of 9/11, the 2007-09 global financial crisis, the debt crisis in some euro zone countries, and a series of very recent political events, risk and uncertainty have caught substantial attention of regulators, academia, and practitioners. Risk management becomes a center of post-crisis regulatory proposals.

The purpose of SRF is to promote research on risk, uncertainty, and risk management in the Asia-Pacific region, the Indian subcontinent, and around the world. It provides a platform for its members to exchange ideas and to collaborate with practitioners. SRF currently has seven member institutes, including

    Shanghai University of Finance and Economics
    Fudan University
    Shanghai Jiao Tong University
    Renmin University of China
    East China Normal University
    Shanghai University of International Business and Economics
    Shanghai Lixin University of Accounting and Finance.

We look forward to seeing you in Shanghai!

Call for Papers

Click Here to access the Call for Papers.

Research Awards

Pacific Basin Finance Journal Research Excellence Award on Security Market Research (US$1,000)
Shanghai Risk Forum – Munich Re Research Excellence Award for members (US$1,000)
Shanghai Risk Forum – Munich Re Research Excellence Award for non-members (US$1,000)

Program Committee

 Program committee Co-Chairs: 
Liya Liu
Shanghai University of Finance and Economics
Greg Niehaus
University of South Carolina
Shaun Wang
Nanyang Business School
Jason Wei
American International Group
Tong Yu
University of Cincinnati

 SRF Member Institute Contact Persons: 
Dongmei Chen
Fudan University
Zhongyang Guo
Renmin University of China
Zhenhua Guo
Shanghai University of International Business and Economics
Jun Shao
Shanghai Lixin University of Accounting and Finance
Wenfeng Wu
Shanghai Jiao Tong University
Minghua Ye
East China Normal University
Wenge Zhu
Shanghai University of Finance and Economics

 Committee Members: 
Jing Ai
University of Hawaii
Daniel Bauer
George State University
Thomas, Berry-Stoelzle
University of Iowa
Hua Chen
Temple University
Xuanjuan Chen
Shanghai University of Finance and Economics
Chia-Chun Chiang
University of South Carolina
Sapnoti Eswar
University of Cincinnati
Lin Guo
Suffolk University
Shingo Goto
University of Rhode Island
Wenxuan Hou
University of Edinburgh
Alan Huang
University of Waterloo
Wenying Jiangli
Credit Suisse
Shinichi Kamiya
Nanyang Institute of Technology
Jean Kwon
St. Johns University
Chunlin Liu
University of Nevada at Reno
Van Son Lai
Laval University
Ty Leverty
University of Wisconsin at Madison
Yijia Lin
University of Nebraska -- Lincoln
Mark Liu
University of Kentucky
Tianyu Lu
State Street Corporation
Greg Nini
Drexel University
Yayuan Ren
Illinois State University
Michael Powers
Tsinghua University
William Rabel
University of Alabama
Steve Slezak
University of Cincinnati
Fang Su
Shanghai University of Finance and Economics
weidong Tian
University of North Carolina, Charlotte
Jason Tsai
National Chengchi University
Yaping Wang
Beijing University
Jason Xiao
Cardiff University
Jingjian Xiao
University of Rhode Island
Xiaoying Xie
California State of California at Fulerton
Xian Xu
Fudan University
Min-Teh Yu
National Chiao Tung University
Joe Zou
University of Hongkong
Wei Zheng
Beijing University
Jigao Zhu
University of International Business and Economics
Wenge Zhu
Shanghai University of Finance and Economics

Important Deadlines

Deadline for Conference Submission
October 10, 2016
Notification of Conference Acceptance
November 1, 2016
Conference Dates
December 18, 2016
Subsequent Submission to PBFJ
February 1, 2017
Expected Journal Acceptance Deadline
December 2017


Click Here to download the Registration Form.

Conference Hotel

The fourm will be held at the Baolong Hotel Shanghai (Grand Mercure), an elite hotel located nearby the Shanghai University of Finance and Economics.


Baolong Hotel Shanghai (Grand Mercure)
180 Yixian Road, Hongkou District, Shanghai 200434, China
Tel: +86 (21) 3505 9666
Hotel website:


The Pacific-Basin Finance Journal is aimed at providing a specialized forum for academic research on capital markets of the Asia-Pacific countries. Being the flagship journal in the Asia-Pacific finance research, it is included in the Social Science Citation Index (SSCI).

Journal’s website:

Previous Conferences

The first Shanghai Risk Forum (SRF) was held December 19, 2015 in Shanghai at the Fudan University. See the website.


December 18th, 2016
The Second Annual Shanghai Risk Forum (SRF) Conference
Program Schedule
December 18th, 2016,3rd Floor, Baolong Hotel
Time Activity
08:15 - 08:45AM Registration
08:45 - 09:00AM Introduction
09:00 - 10:25 AM Industry Panel Discussion
10:25 - 10:45 AM Photography; tea break
10:45 - 12:25 PM Concurrent Sessions (1st)
12:25 - 13:00 PM Buffet Lunch
13:00 - 13:15 PM Award Ceremony
13:15 - 14:15 PM Keynote speech
14:30 - 16:10 PM Concurrent Sessions (2nd)
16:10 - 16:20 PM Tea Break
16:20 - 18:00 PM Concurrent Sessions (3rd)
17:45 - 20:00 PM Closing Reception; Job Fair

Click Here to download the Program.

 Conference Brochure: 
Click Here to download the Conference Brochure.

Click Here to download the Papers.

Keynote Speaker

S. Ghon Rhee, Ph.D.
K. J. Luke Distinguished Professor of International Banking and Finance
Managing Editor of the Pacific-Basin Finance Journal
Shidler College of Business, University of Hawai’i

Dr. Rhee received his BA from Seoul National University Law School, MBA from Rutgers University, and Ph.D. from The Ohio State University. He is holding the K. J. Luke Distinguished Professor of International Banking and Finance. He is the managing editor of the Pacific-Basin Finance Journal, a premier academic journal focusing on Asia-Pacific capital markets and financial systems. He is currently holding an adjunct professorship at Monash University (Australia) since September 2011 and a distinguished visiting professorship at National Central University (Taiwan). He also serves as External Academic Advisor for City University of Hong Kong for a three-year period from October 2014 to September 2017.

He serves as the president of the Asian Finance Association for a two-year period,2014-2016. He was the founding president of the Pacific-Basin Financial Management Society, an academic association created to promote academic research on the region’s financial and capital markets. He also served as a board member of the U.S. Financial Management Association. He served as Program Chair of the Annual Pacific-Basin Finance Conferences, 1989-1997 and of the Asian Finance Association Annual Meetings,2010-2012. He served as the chairman of the Asian Shadow Financial Regulatory Committee (ASFRC) in 2004-2007. The ASFRC is a part of the Global Shadow Financial Regulatory Committees which include the committees of United States, Europe, Japan, Latin America, Australia/New Zealand, and Asia. The ASFRC is charged to identify and analyze developing trends and ongoing events in Asia that may affect the efficiency and safe operation of financial markets and the financial services industry. ASFRC translates concepts drawn from academic research into concrete policy recommendations.

He served as the dean (2008-2011) of the SKKU Business School in Seoul, Korea to initiate various reform programs to upgrade its research programs while he is on leave from University of Hawai’i. During his tenure, he successfully led the SKKU Business School to be accredited by the AACSB in 2009. He was Resident Scholar (1997-1999) of the Asian Development Bank. As Resident Scholar of the Bank, he spearheaded research programs on Asian financial crisis, mortgage-backed securities markets, and government bond markets. He was also involved with financial sector reform programs for Thailand,Indonesia, and Korea as part of the International Monetary Fund’s support packages. He was a key member of the Bank team which created a regional economic monitoring program and this program eventually led to the creation of the Office of Economic Integration. He also served as a visiting research professor at the Hitotsubashi University (Japan), Korea Advanced Institute of Science and Technology, University of Malaya, Renmin University (China), and National University of Malaysia. He was the Tun Ismail Mohamed Ali Distinguished Chair in Investment and Finance of National University of Malaysia in 2005.

His research has been published in numerous academic journals, including: Journal of Finance, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Journal of International Money and Finance, Journal of Financial Markets, Journal of Accounting and Economics, Journal of Risk and Insurance, Journal of Empirical Finance, Journal of Financial Services Research, Journal of International Business Studies, Decision Sciences, Financial Management, etc. He has published over 90 academic papers and edited or authored 18 books on Asian financial markets.

Dr. Rhee was a founding member and board member of the Ohana Pacific Bank,which is a state-chartered bank and serves ethnic minority business communities (Korean,Chinese, Philippine, Viet Nam, and Indonesian) in Hawaii. The Bank has been in business since June 2006. He consulted for a number of international institutions such as Asian Development Bank, Asian Development Bank Institute, International Chamber of Commerce,International Monetary Fund, Mexican Ministry of Finance and Public Credits, Organization for Economic Cooperation and Development, Securities and Futures Commission of Hong Kong, United Nations Industrial Development Organization, U.S. Agency for International Development, Bursa Malaysia (formerly Kuala Lumpur Stock Exchange), Jakarta Stock Exchange, and MIR Asset Management Ltd. of Australia. He received the 2001 Archimedes Award from University of Catania (Sicily) and Erasmus University (Netherlands) for his contribution to academic research on Asian capital markets.

Industry Panel

Chenyang (Jason) Wei
Head of Credit Research, AIG

Dr. Chenyang (Jason) Wei is Director and Head of Credit Risk Research in the Asset Management Group of American International Group (AIG). His team conducts credit market surveillance and sector fundamental research in support of AIG’s multi-billion credit portfolios (+$300bn). Before joining AIG in 2012, he was a senior economist at the Federal Reserve Bank of Philadelphia, and earlier an Economist at the Federal Reserve Bank of New York. His previous experience in the regulatory domain includes U.S. bank stress testing, credit surveillance and model validation, bank governance and compensation reform, etc. His research articles were published in top-tier academic or policy journals including Review of Financial Studies and Economic Policy Review.

Dr. Wei holds a Ph.D. in Finance from Stern School of Business at New York University, a M.S. in Economics from University of Texas at Austin, and a B.A. (Finance) from Tsinghua University.

Chief Risk Officer, Guangfa Securities

Scott Chang is the Chief Risk Officer at GuangFa Securities (the 3rd largest investment bank in China), a member of its executive committee. Before joining GF Securities in 2015, Scott had been working for world-class investment banks in Wall Street for 15 years. Scott started his Wall Street career from Lehman Brothers as a Vice President, and worked for Goldman Sachs as a VP, Merrill Lynch as a Director and Senior Vice President. In 2012, Scott became Managing Director at BNY Mellon in charge of Enterprise Risk Integration program. Mr. Chang graduated from Tsinghua University with a Masters’ degree in computer science, and then got his second Master’s degree from University of Delaware. In 2006, Scott received his EMBA degree from New York University Stern business school.

Haiwei Li
Head of Quantitative and ETF Investment, Invesco Greatwall Fund Management Co.

Mr. Haiwei Li, CFA, M.S. in Resource Economics and M.S. in Financial Engineering. He is head of Quantitative and ETF Investment and portfolio manager, Invesco Great Wall Fund Management Co., Ltd. He has 13 years asset management industry experience. He worked as fund manager and VP at BlackRock (previously Barclays Global Investors), Head of Quant at Haitong International Asset Management, and credit research analyst at Moody's KMV.

Tianyu (Daniel) Lu
Director of Risk Analytics and ERM, State Street Corporation

Tianyu (Daniel) Lu is vice president and director, leading risk analytics China team for State Street Enterprise Risk Management. He is responsible for quantitative credit risk modeling, which complies with Basel III regulatory requirement and US stress test (CCAR). He is also a member of State Street (Zhejiang) executive committee. Prior to relocation from Boston to Hangzhou, Tianyu had been in charge of market risk modeling for State Street's hundreds-billion-scale Security Finance Program. With regulatory approval of the usage, the model he developed saves over 10 billion dollars in risk weighted capital.

Tianyu has a doctoral degree in quantitative finance from Stony Brook University, SUNY and is a FRM charter holder.

Zhan (Samson) Shen
Chief Risk Officer, Taiping Financial Holdings Company Limited

Zhan (Samson) Shen is Chief Risk Officer of Taiping Financial Holdings Company Limited, Executive Director and Deputy General Manager of Taiping Assets Management (HK) Company Limited. Prior to Taiping, He was Market Risk Manager at Ping An Bank. His expertise includes risk appetite setup for financial holding company, risk management and compliance function customization, quantitative research in investment risk, alternative investment product design and investment project due diligence. He is a 2004 Spencer Scholar, a professional risk manager (PRMTM), and a Financial Risk Manager (FRM®).

He got Ph.D. in Risk Management and Insurance at Temple University, Master and Bachelor degrees in Finance at Xiamen University.

Job Fair

Amarsoft Information and Technology corp 安硕益盛
American International Group 友邦保险
China Cinda Asset Management 信达资产管理有限公司
Essence Securities 安信证券
Guojing Dingxin 国金鼎兴
State Street Corp 道富银行
Sunshare Capital 尚信资本
ZRC Bank 张家港农商行