The Course Director with 20-year investment banking and credit rating experience, is currently the Adjunct Professor of the Department of Real Estate and Construction at the University of Hong Kong, and the Adjunct Professor of the School of Accounting and Finance at The Hong Kong Polytechnic University.
He started his career at Credit Suisse in Equity Capital Markets. He was involved in structuring of equity and equity-linked offerings, generating marketing and pricing strategies, organizing roadshows and teach-in for salesforce, performing book building and stock allocation analysis. Products covered include straight equity (IPO and DR) and convertible bonds.
He then moved to Merrill Lynch Corporate Finance. At Merrill Lynch he was responsible in preparing financial models and company valuation, drafting rating agency presentations and roadshow materials, assisting in due diligence and business origination. Products covered include straight bond and MTN offerings. Subsequently he joined Bear Stearns and looked after overall transaction and project management for capital raising and merger and acquisition: Conducting business and financial due diligence, developing equity and credit stories for the issuing clients, preparing and reviewing financial models, drafting and reviewing deal correspondence and legal documentation, acting as the point person among the issuing clients, strategic investors, lawyers, accountants, rating agencies and the regulators during the transaction execution, and leading the negotiation with the counterparties and their advisors in merger and acquisition assignments.
In 2003, he decided to move to Fitch Ratings and became Head of Non-Japan Asia Structured Finance, Covered Bond and REIT Corporate Ratings. He was responsible for securitization, covered bond and REIT corporate ratings in Non-Japan Asia covering CMBS (real estate) in Singapore, ABS (credit card and auto) in Korea and ABS (auto NBFI) India. his analytical work scope includes leading management meeting and site visit, performing collateral and financial statement analysis, cash flow and scenario stress testing, reviewing legal documentation and opinion, liaising with issuers, bankers and lawyers on transaction structures, presenting rating recommendation for internal approval, writing research and answering enquiries by investors and regulators.
Since 2012, he becomes active in training and education. He has ample training experience for commercial banks, investment banks, insurance companies and industry associations in Asia including:
- Credit Derivatives
- Credit Rating and Corporate Credit Analysis
- Risk Management (Credit and Market)
- Equity Capital Markets/Initial Public Offering/Equity-Linked Securities
- Debt Capital Markets
- Merger & Acquisition
- Private Equity & Venture Capital
- Investment Analysis & Portfolio Management
- Hedge Funds & Alternative Asset Classes
- Fixed Income Securities
- Structured Products
- Real Estate Investment & Finance
- Financial Statement Analysis
- Accounting and Profit Manipulation
- Basel and Bank Capital Adequacy