Johnny Chen
Ex-Chairman
China Zurich Insurance Group

• Johnny Chen is a seasoned veteran of Asia Pacific market with focus on Greater China having lived and worked in Beijing, China, for twenty years (1987 to 2008) and then for the past six years in Hong Kong managing Zurich Insurance Group's Asia Pacific insurance businesses covering over ten markets and countries.
• Having worked for three of the largest global financial and professional services firms, KPMG, Pricewaterhouse Coopers (PwC) and Zurich Insurance Group (Zurich) Johnny is well experienced in building a start-up business from a single man representative office to becoming one of the largest professional services firms. Over the past ten years, as Zurich's Asia Pacific regional CEO, Johnny led a turnaround team to reconstitute the company board of New China Life Insurance Co. Ltd (NCI) and initiated the recapitalization effort to have NCI eventually listed in Hong Kong and Shanghai Stock Exchanges.
• Throughout the past twenty years, Johnny is known for his ability to cultivate an extensive network of contacts in China from the grassroots officials at the municipal level to the ministerial and Central government decision makers.
   

David Hare
Immediate Past President
IFoA

• David is a UK-qualified actuary (1988) with over 28 years of experience in life office actuarial, management and strategic development roles.
• He joined Deloitte as a partner in May 2012, from Standard Life where, from January 2007 until December 2011 he was Chief Actuary, UK and Europe and the Actuarial Function Holder for Standard Life’s four UK-regulated insurance companies.  While serving his notice, from January 2012 until April 2012, he was Group Financial Risk Director.
• David leads the Regulatory pillar of the actuarial practice (comprising external and internal audit work as well as advising clients on Solvency 2 and other regulatory developments and their implications, particularly of an actuarial nature).  He also leads the Independent Expert, Skilled Person Review and with profits propositions within the actuarial practice.
• David has worked on three s166 Skilled Person reports involving major UK insurers, including one involving the restructuring of the with-profits fund of a major UK insurer.  He has recently completed acting as the Skilled Person on a s166 review of aspects of the investment strategy of a UK insurer.  He has also acted as the Independent Expert for three Part VII transactions that have all successfully completed and is currently working on three more IE engagements.
• David is the With Profits Actuary for a UK mutual insurer.
• David is also the Reviewing Actuary on the audit of a UK realistic reporting with-profits insurer, as well as acting as the actuarial partner on a number of other insurance and reinsurance audit engagements.
• On 30 June 2014, David completed his year as President of the IFoA and will now serve as the Immediate Past President until June 2015.Other current professional activity includes being a member of the IFoA Life Board (previously chairman from summer 2008 until joining BAS in 2010 – see below) and one of the UK profession’s representatives (Membre Suppléant) on the Actuarial Association of Europe (formerly, the Groupe Consultatif Actuariel Européen), with a particular remit to represent the IFoA on life insurance issues. 
• Prior to becoming the IFoA’s President-elect in June 2012, David was a non-executive member of the Board of Actuarial Standards (since February 2010).
   

Myron Scholes
Financial Economist and Winner of the Nobel Memorial Prize in Economic Sciences for a Method to Determine the Value of Derivatives

Myron Scholes’ research has focused on understanding uncertainty and its effect on asset prices and the value of options, including flexibility options. He has studied the effects of tax policy on asset prices and incentives and the effects of the taxation of dividends on the prices of securities, the interaction of incentives and taxes in executive compensation, capital structure issues with taxation, and the effects of taxes on the optimal liquidation of assets. He wrote several articles on investment banking and incentives and developed a new theory of tax planning under uncertainty and information asymmetry which led to a book with Mark A. Wolfson called Taxes and Business Strategies: A Planning Approach (Prentice Hall, 1991).

Myron was awarded the Nobel Prize in 1997 for his new method of determining the value of derivatives.  His previous roles include the Edward Eagle Brown Professor of Finance at the University of Chicago, Senior Research Fellow at the Hoover Institution, Director of the Center for Research in Security Prices, and Professor of Finance at MIT’s Sloan School of Management. Myron earned his PhD at the University of Chicago.

Wei Wang
Founder and Chairman of China Mergers & Acquisitions Association (CMAA), Chinese Musuem of Finance and Chairman of China M&A Group

• Wang has organised and supervised IPO underwritings for over 40 Chinese companies in both domestic and overseas markets. He is a financial consultant on restructuring, financing, M&A and IPO for many leading companies in China. He has worked in many leading organisations and corporations such as Nomura Security Co. Ltd. In Tokyo, the World Bank in Washington D.C. and the Chase Bank in New York. Mr. Wang also serves as the economic advisor for several ministerial and provincial governments in China as well as independent director on several listed companies.
• Mr. Wang received his Bachelor degree in accounting, a Master degree in finance in China and his Ph.D. in economics from Fordham University in the United States. An author of many books, journal articles and a well known lecturer, He has given seminars and lectures in many universities include CEIBS and Cheung Kong Graduate School of Business. He found Asian Business School in 2008 and Chinese Museum of Finance in 2010.
• His excellence has been recognized by the public; Mr. Wang has been named as one of the “Top Five Chinese Investment Bankers” by Talent Magazine in 2003, “the Most Influential Independent Director” by the Board magazine in 2006 and “the Most Influential Investment Banker” by China Finance Network in 2006. He is also selected as a member of Shanghai Stock Exchange Corporate Governance Advisory Committee in 2007. He founded the Museum of Chinese Finance in 2010 and chairs the board.  The museum is located in Beijing, Tianjin and Suzhou. Mr.Wang received the 2012 Lifetime Achievement Award by the M&A Advisor in New York, 2013 Social Innovation Award by The Wall Street Journal and others. He summited Everest in May of 2013.

Yulong Zhao
Deputy Director General of Finance and Accounting Solvency Regulation
Department of China Insurance Regulatory Commission (CIRC)

• Dr. Yulong Zhao is the Deputy Director General of Finance & Accounting / Solvency Regulation Dept. of China Insurance Regulatory Commission (CIRC). He has 15 years of experience in insurance regulation and supervisions and mainly responsible for the solvency, accounting, finance and taxation issues of insurance industry. He is not only the key personnel of the first generation of Chinese solvency regime over the last decade, but also the leading architectures of the second generation of Chinese solvency system (C-ROSS).
• Dr. Zhao was a qualified bridge designer before he gained a PhD degree in Accounting from Shanghai University of Finance & Economics 15 years ago. He also holds an EMBA degree from China Europe International Business School (CEIBS). He is member of China Financial Accounting Standard Consulting board, China Actuary Association, Chinese Institute of Certified Public Accountant and Chinese Taxation Institute.
• Dr. Zhao is also a part-time professor of Chinese Academy of Social Sciences and several well known universities in China. He serves as anonymous referee for two top academic journals in China.