Second Annual Shanghai Risk Forum

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.

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.

Xingong（Scott）Chang
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 (PRM^TM), 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.